Muhurat Trading
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Demystifying Stocks Muhurat Trading
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Transcript of Muhurat Trading
Demystifying StocksMuhurat Trading
Diwali marks the beginning of the New Year. Associated with victory and prosperity, it is the time for momentous decisions and high value purchases.
It also commonly marks the start of the new financial year across businesses.
For the Indian stock markets also, Diwali represents the most auspicious time of the year. With festivities in the air, there is also hope and aspiration for a better and more profitable year ahead.
Importance of Diwali in Stock Markets
As the name suggests, Muhurat Trading basically means trading within a pre designated auspicious time.
Each year, the BSE and NSE Stock Exchanges earmark an hour on Diwali to welcome wealth and prosperity.
Muhurat Trading also ensures a positive run for the Exchanges.
What happens on Muhurat Trading Day?
The trade amounts are nominal, usually bought as a token to celebrate. The hour usually ends with the Sensex and Nifty notching up profits, however small they may be.
In fact, the Sensex has ended trading on Muhurat day with positive returns 8 times in the last 10 years.
What happens on Muhurat Trading Day?
It’s an opportunity for you to participate in a time honoured tradition and effectively start your financial year on a positive note.
Consider this to be similar to purchasing your new car or your investment in any property.
Muhurat Trading is also the perfect time for first time investors to make their foray into the stock markets, with recommended stock picks and small amounts of capital investment.
What does it mean for Investors?
The high from Muhurat Trading could be followed with a low, but if the stock is good and you stay invested, you could have your chance to gain.
For newcomers, place your first trades during Muhurat Hour as the trades are token and nominal.
Small capital investment will ensure that you take your time to better understand the markets and build your portfolio steadily over a period of time.
Muhurat Trading for Beginners
Whether as veteran investors or new investors, do remember to base your decision on sound research and advice.
Once you have traded, remember to stay invested in the medium to long term.
Advise for Muhurat Trading Day
Come November 13th, we wish you a Happy Diwali and also a Happy Hour of Investing!
Muhurat Day 2012 Timings
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Disclaimer:Kotak Securities Limited, Registered Address: 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai 400 051. Correspondence Address: 6th Floor, Kotak Infinity, Building No. 21, Infinity Park, Off Western Express Highway, General AK Vaidya Marg, Malad (East), Mumbai 400097. Tel no: 66056825. SEBI Registration Numbers: NSE INB/INF/INE 230808130, BSE INB 010808153 / INF 011133230, OTC INB 200808136, MCX-SX INE 260808130/ INB 260808135/INF 260808135 , NSDL IN-DP-NSDL-23-97, CDSL IN-DP-CDSL-158-2001, AMFI ARN 0164. Compliance Officer - Mr. Sandeep Chordia. Tel. No: 022 6605 6825. Email id: [email protected].
In case you require any clarification or have any concern, kindly write to us at below email ids: • For Trading Account related queries: [email protected] • For Demat Account related queries: [email protected].
• Alternatively, you may feel free to contact our customer service desk at our toll free numbers 18002099191 or 1800222299. You may also call at 30305757 by using your city STD code as a prefix.
• In case you wish to escalate your concern / query, please write to us at [email protected] and if you feel you are still unheard, write to our customer service HOD at [email protected].
