The Historical past of Inventory Market Diwali Muhurat Buying and selling [2025] –

Introduction

It’s that point of 12 months once more, Diwali’s glow is lighting up our streets. We will promote the air full of the aroma of recent sweets and fireworks. Right now, I’ll be juggling samosas in a single hand and my buying and selling app within the different.

I do know, there are guys who’s spent extra Diwalis observing charts than lighting diyas (I’m not judging). On this Diwali aura, I assumed it’d be enjoyable to dive into the story behind one in every of ritual of Muhurat Buying and selling.

I believe, it’s magical hour our custom crashes into tickers (inventory investing). On today, I believe, everybody’s who follow Muhurat buying and selling, hopes that Goddess Lakshmi hits “purchase” on their portfolio.

When you’ve ever puzzled why grown adults in fits (or kurtas) will get concerned in that one-hour market window on Diwali, I’ll share this story with you.

The Roots

Might I ask you to picturize a scene like this. Centuries in the past, India’s buying and selling communities (primarily Gujarati and Marwari) are wrapping up their Diwali pujas.

The ledger books get a holy makeover. Chopda Pujan, the place they worship their accounts with flowers, cash, and a touch of turmeric. It’s finished to kick off the Vikram Samvat (Hindu monetary new 12 months) on a affluent observe.

Diwali is not only in regards to the fireworks, it’s also in regards to the fiscal renewal of those two communities.

On today, merchants would scribble their first entries into their new account books (chopda). They’re doing this with a perception that beginning the books throughout this “muhurat” (auspicious hour) would summon wealth for them.

In our mythology, some say all of it traces again to King Vikramaditya. He was a legendary ruler from Ujjain who supposedly kicked off the Vikram Samvat calendar in 57 BCE.

Legend has it he ordered Diwali trades to bless his kingdom with bounty.

What we do know is that by medieval instances, our bazaars (merchants) used to begin believing that if new offers are sealed, previous money owed will get settled on Diwali Puja, are all occurring below Lakshmi’s watchful eye.

BSE (Bombay Inventory Change)

In our twentieth century, India’s inventory market has additionally developed. It was now not dealt with by a small group of merchants in Bombay’s distant avenue.

The BSE was based in 1875 below a banyan tree (a humble starting). In 1957, BSE flipped the script on custom by formalizing Muhurat Buying and selling as an official one-hour session.

No extra ad-hoc ledger scribbles. After Mahurat Buying and selling obtained a proper recognition, now the inventory market used to open correctly for that one hour night buying and selling. It’s so time to match the Muhurat of Laxmi Puja. In previous days, brokers used to execute trades on this dat in conventional dhotis.

In these days, buying and selling was pure theater (open outcry system). There was once no screens, folks used to shout to announce purchase and promote orders.

Brokers would carry out Lakshmi Puja on the alternate, place a symbolic coin on their books, and dive into token trades.

It wasn’t about quantity; it was about bringing the Diwali vibe into the inventory market. A fast purchase of a blue-chip inventory for the children, possibly a small promote to e-book a “revenue” (even when it was pennies), all to welcome the brand new 12 months.

BSE timed it for the night, post-puja. The Muhurat Tradinng is normally finished round 6-7 PM. It was an try to mix the sacredness of the day with hypothesis.

This custom of Muhurat Buying and selling It caught on like wildfire amongst Gujaratis and Marwaris. They noticed it as their market Diwali bonus.

NSE Becoming a member of The Get together

In Nineteen Nineties India’s opened up its financial system (liberalization) to the world.

Throughout this time, the Nationwide Inventory Change (NSE) got here into existence (1992). This alternate was extra modern (than BSE) with digital buying and selling facility. In these instances, its options had been way more subtle than what was provided by BSE.

NSE didn’t simply copy-paste from BSE; they turbocharged Muhurat Buying and selling. They began their very own session in 1992 to mark the Samvat begin. Therefore, out of the blue, terminals began buzzing nationwide, not simply in Mumbai.

What was as soon as a clubby affair for Dalal Avenue insiders went viral. Now, even retail buyers from Rajasthan to Kerala may be a part of by way of cellphone strains (dial-up service).

This period developed the ritual of Muhurat Buying and selling large time.

Turnover spiked as on-line platforms crept in by the late ’90s, turning Muhurat from a symbolic celebration right into a mini-market occasion.

Brokers began doling out “Diwali picks”, scorching tips about shares like Reliance or Infosys.

The twenty first Century Makeover

Right now, Muhurat Buying and selling has develop into even greater. We’ve obtained pre-open classes (that 15-minute warm-up the place costs settle earlier than formal merchants begin). We now have a full-fledged fairness, F&O, commodities, and foreign money trades, all crammed into these 60 minutes Muhurat Buying and selling window.

Have you learnt what’s the turnover in Savat Buying and selling? It has ballooned from a number of lakhs within the 1950’s to lakhs of crores at this time. There’s a information that NSE hit Rs. 50,000 crore+ in 2023 alone.

But, it’s true that our inventory exchanges (each NSE and BSE) has tailored well.

In 2025, for the primary time since 1957, the night slot for Muhurat Buying and selling has been switched to the afternoon slot. (from 1:45-2:45 PM on October 21). Earlier, The inventory market Diwali muhurat buying and selling used to happen within the night slot of 6:00 PM to 7:00 PM.

Comparability Desk: Diwali Muhurat Buying and selling (Earlier vs 2025)

What’s the cause for the shifting of the timing? I’m undecided, however I believe the reason being for shifting the Muhurat Buying and selling session to the afternoon, as an alternative of its normal night slot, is mostly associated to the auspicious timing (Muhurat) for the Lakshmi Puja rituals in that individual 12 months.

Has The Diwali Muhurat Buying and selling Been Worthwhile For Merchants?

Does this auspicious hour truly repay? The

Over the past decade (2014-2023), Sensex and Nifty posted optimistic Muhurat-day returns in 8 out of 10 classes, averaging 0.5-1% on the day itself.

What has been the efficiency between Muhurat-to-Muhurat? A stable 11-13% common for benchmarks, with midcaps and smallcaps stealing the present (up 25-80% in sturdy years like 2021).

Even in crashes, like 2008’s world meltdown, the index rallied 5.86% that day.

Festive cheer fuels FOMO shopping for. Low volumes amplify ups.

Sectors like auto, realty, and shopper items generaly sparkle, using Diwali demand.

Conclusion

As you gear up for this 12 months’s Muhurat , I would love you to be reminded why this custom endures.

It’s not simply in regards to the returns; it’s the ritual of renewal.

In a world of infinite earnings calls and amind Tump/Elon tweets, Muhurat Buying and selling is our pause button. A hour to honor the previous whereas betting on the longer term.

Whether or not you’re a professional F&O or a beginner pondering of grabbing one Nestle, Britannia, or ITC share for your self, it’s a reminder: Wealth isn’t simply received; it’s worshipped in India.

So, mild these diyas, say a fast prayer to the Goddess Lakshmi, and commerce with coronary heart.

Want you all a really Pleased Diwali.