Diwali Mahurat Trading 2023: Highlights for Samvat 2080 – Sensex Surges by 355 Points, Nifty Reaches 19,525

Diwali Mahurat Trading for Samvat 2080 has been recorded as one of the best muhurat tradings over the past few years.

The muhurat trading time in 2023 was from 6:15 pm to 7:15 pm. Last year, the BSE and NSE were open between 6:15 pm and 7:15 pm on October 24 for Muhurat trade.

The BSE Sensex ended the session with a gain of 355 points, which is 0.55%, at 65,259. The Nifty closed with a gain of 100 points, which is 0.52%, at 19,525.

Diwali Mahurat Trading 2023: Companies Emerge as Winners

This year several companies have gained significant traction.

Coal India has experienced a share price increase of up to 4.1%. In addition, it has achieved a 9.85% rise in revenue and a 12.51% annual profit.

ONGC shares reached an all-time high value of Rs 199.70, marking a 142% increase in Q2.

Mahurat Trading Definition

Mahurat trading is the only market that functions on Diwali, as it is considered an auspicious day for trading. The market remains open for one hour.

People tend to be more confident and positive about making investments on this occasion, as it is believed to be an ideal time for trading.

Samvat 2080 Significance

Samvat 2080 marks the beginning of a new Hindu year and is an important time for investors in the Indian stock market. The calendar is based on the lunar cycle, with the new year traditionally commencing with the Diwali festival.

In the Gregorian calendar, Samvat 2080 started on November 12th. It is crucial for investors to be aware of the details of muhurat trading during this period.