Muhurat trading, also known as "Samvat trading," is a special trading session that takes place during Diwali in India. It is an auspicious time to invest in stocks for a prosperous year ahead.
It's a tradition that blends spirituality with financial aspirations, reminding investors to approach the market with wisdom and caution. It is important to remember that stock market decisions should be based on thorough research and analysis. Learn more about the research based stocks in this article.
Sectors and stocks for Muhurat Trading
Global equity markets have experienced uncertainty due to heightened interest rates in the US and geopolitical tensions. However, unlike the Ukraine/Russia conflict, the impact of the current Israel/Palestine situation on global trade, commodities and equities is expected to be limited.
Positive factors such as robust corporate earnings and favourable growth-inflation position India as an exceptional equity investment destination in the medium to long term amidst a challenging global economic environment.
Our one-year Nifty target is 21,500, with a focus on sectors like banks, capital goods, and power. We advise investing in quality companies for long-term wealth growth.
According to our research team the best shares for Muhurat trading 2023 are
The Muhurat trading session will take place on Sunday, November 12, 2023, between 6.15 pm and 7.15 pm.
Block deal session – 5:45 pm to 6:00 pm