Diwali, the festival of lights, is one of the most auspicious occasions in India celebrated with great fervour all across the country. It symbolizes the triumph of knowledge over ignorance, light over darkness, and good over evil. According to Hindu calendar, Diwali usually falls in the month of Kartik and the days leading up to this festival are considered extremely propitious for undertaking new ventures and investments. In fact, many stock brokers and financial advisors recommend choosing an auspicious muhrat or timing during Diwali to invest in stocks for maximum profits. Let’s explore some of the best diwali muhurat trading time and reap maximum benefits this Diwali.
Laxmi Pujan Day
Laxmi Pujan Day, which falls on the third day of the Diwali festival, is considered one of the most auspicious days for making financial decisions according to Hindu beliefs. On this day, Goddess Laxmi is worshipped by Hindus. Goddess Laxmi symbolizes wealth, prosperity and fortune. She is believed to bless her devotees with financial success and abundance.
As per Hindu traditions, any new work or investment started on the day of Laxmi Pujan will be blessed by the goddess. This blessing is thought to ensure the fruition of projects and yield positive results. Therefore, Laxmi Pujan day provides an extremely favorable muhrat or timing to make investments in the stock market that have potential for growth in the long run.
It is believed that stocks or shares purchased on this auspicious day will receive the blessings of Goddess Laxmi and ensure good returns. Sectors like banking and finance that are directly or indirectly related to money and wealth are considered especially propitious to invest in on this day. Blue-chip companies are also believed to be good investment options since they are relatively stable and known for providing steady returns.
Amavasya refers to the new moon day as per the Hindu calendar. It is believed that any work initiated or decisions taken on an Amavasya tithi will yield positive results. During Diwali, the Amavasya tithi holds special significance. This particular new moon day falling during Diwali festival is known as Narak Chaturdashi.
As per Hindu beliefs and astrological principles, Narak Chaturdashi is considered to be an extremely auspicious and lucky day. It is said that investments and financial decisions made on this day will help overcome obstacles and lead to success in the long run. The positive energy and blessings of the gods are believed to support all new beginnings and ventures started on this tithi.
Taking advantage of this highly beneficial muhrat or timing, many financial experts recommend entering the stock market and making investments in shares on Narak Chaturdashi. Specifically, sectors like FMCG, technology and infrastructure are said to perform well and yield good returns if investments are made during this Amavasya tithi. This is because these sectors are largely dependent on consumer demand and growth in the overall economy.
Dhanteras, which falls two days prior to the festival of Diwali, is considered a very auspicious day for making new investments and purchases related to gold, silver and money. The word ‘Dhan’ means wealth and ‘Teras’ means the 13th day of the lunar fortnight.
As per Hindu mythology, on this day Goddess Dhanvantari, who is regarded as the deity of health and ayurveda, emerged from the cosmic ocean during Samudra Manthan. It is believed that worshipping Dhanvantari on Dhanteras can bestow good health and wealth. Hence, the day came to be known as Dhanteras and is seen as propitious for initiating any financial activities. People consider it favourable to buy gold, silver coins as it is believed these metals will attract positive energy and multiply the invested amount. In addition to gold and silver, it has also become popular to invest in other assets like stocks, mutual funds, bonds etc on this day.
The paragraph mentions that Dhanteras presents a favourable time to invest in stocks from sectors like capital goods, oil & gas and metals & mining. This is because as per astrological beliefs, investments made during Dhanteras muhurat are blessed and tend to yield good returns. Entering the stock market to purchase shares from these sectors has maximum potential for gains in the long run.
Diwali is celebrated across India to mark the return of Lord Rama to Ayodhya after defeating the demon king Ravana and completing his 14 years of exile. According to Hindu mythology, it was on this day of Diwali when Lord Rama, along with his wife Sita and brother Lakshmana entered the city of Ayodhya and the entire city was illuminated with lights to celebrate their return. The day of Diwali thus holds immense significance as the day of the victory of good over evil. It is believed that any new work initiated on this auspicious day of the festival will be blessed by the gods. Financial advisors consider Diwali day to be an extremely favourable muhrat or timing for making investments and undertaking ventures related to business and money.
The sectors like consumer durables, discretionary, healthcare and pharmaceuticals have historically performed well when investments are made on Diwali day. This is because consumer demand sees a rise during the festive season. Additionally, as people celebrate the festival, sales of consumer goods like electronics, home appliances see a boost. The healthcare and pharma sectors also tend to benefit from increased demand for medicines, medical equipment etc. Therefore, the main day of Diwali presents a perfect opportunity for investors to capitalize on the overall positive sentiment and enter the stock market to buy shares of companies from high-growth sectors. This is believed to maximize their chances of generating good returns in the short as well as long term.
The days of Laxmi Pujan, Amavasya, Dhanteras and Diwali present some of the best muhrats or timings to enter the stock market diwali muhurat trading time and initiate investments this festive season. Choosing sectors aligned with the respective days and meticulously researching companies can help maximize returns if investments are made during these auspicious periods. Following expert advice and only investing based on your risk appetite and goals is advisable for fruitful results. Wishing you a very happy and prosperous Diwali!