Why is bse open today

It is a symbolic and old ritual, that has been retained and observed for ages, by the trading community. As Diwali also marks the beginning of the New Year, it is believed that muhurat trading on this day brings n wealth and prosperity throughout the year.

Muhurat trading session on NSE will commence at and close at pm this Diwali. The special trading window opens following Hindu Panchang, it marks the beginning of a new Samvat or Samvat -- the Hindu calendar year that starts on Diwali - and it is believed that Muhurat trading brings prosperity and wealth throughout the year. According to the stock market holiday calendar by BSE, there will be three market holidays in November Apart from November 4, 5, the stock market will remain closed on November 19 due to Gurunanak Jayanti.

Never miss a story! Stay connected and informed with Mint. Download our App Now!! It'll just take a moment. Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image. You are now subscribed to our newsletters. A similar trend was seen in the broader markets, with the BSE small-cap index jumping 1. The key themes during Samvat were high beta, cyclicals and value stocks. Markets have always moved in tandem with earnings growth. Although there would be ups and downs in-between, we expect the overall trend of the market to remain positive in Samvat as well," said analysts at Motilal Oswal.

Real Estate and ancillaries like cement and other building material companies are also expected to witness increasing demand. Finally, stock selection was the key in generating returns within the Midcap space during Samvat — a trend which we believe could continue going ahead as well," they said in a report. Never miss a story! Stay connected and informed with Mint. Download our App Now!!

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