Muhurat Trading 2023: Unveiling the Historical Triumphs of Nifty and Bank Nifty

By | November 11, 2023 11:15 am

Historically, the stock indices have performed well during the Muhurat trading times over the past decade. Let’s examine the data from the past few years  on how the Nifty has performed historically on the days of Muhurat trading:

The “MUHURAT ” trading session will be conducted for 60 minutes on 12 Nov 2023, on leading bourses NSE and BSE, to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity. It would also mark the New Year for traders as per the Hindu calendar, or Samwat 2080.

Muhurat Trading Timings

Muhurat Trading Session Market Timings
Block Deal Session 5:45 PM to 6:00 PM
Pre-open Session 6:00 PM to 6:08 PM
Normal Market Session 6:15 PM to 7:15 PM
Call Auction Session 6:20 PM to 7:05 PM
Closing Session 7:25 PM to 7:35 PM

The Indian market has followed a similar trend in the past. In 2021, the indices rose 0.5 percent during Muhurat trading, followed by a 0.47 percent gain in 2020, a 0.37 percent rise in 2019, and a 0.7 percent jump in 2018. However, they saw minor losses in Muhurat trading in 2017 (-0.6 percent), 2016 (-0.04 percent), and 2012 (-0.3 percent).

The best Muhurat trading performance till date was witnessed in 2008 during the peak of the global financial crisis. In that session on October 28, 2008, the indices jumped nearly 6 percent, the highest ever in a Muhurat trading session.
Let’s take a look at how the indices performed each year since 2008 on Diwali day:

Nifty Performances on Muhurat Trading Day

 

 

BANK Nifty Performances on Muhurat Trading Day

 

 

 

It’s important to note that since liquidity is very limited on the Muhurat trading day, it is not advisable to buy or sell a lot, but most investors especially new investors, can get started by making token investments in stocks you are interested in, on this auspicious occasion.

Category: Muhurat trading

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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