muhurattrading

On Sunday evening, Indian exchanges open for one hour on a closed day. Muhurat trading. If you are new to it, here is the plain version.

What it is: a one hour session on Diwali evening, held since 1957 on the BSE, timed to the auspicious hour of Lakshmi Puja. Traditionally families bought a few shares as a token, the way you buy gold on Dhanteras. Not for profit. For the gesture.

What it is not: a signal. The session is thin, the moves are small, and nothing about the hour changes what a company earns next quarter. Over the years the Muhurat session has closed green more often than not, but one hour of symbolic buying tells you nothing about the twelve months after it.

How I use it:
The one token buy is of something I already own and would buy anyway, an index fund or a share of a company I understand. Never a tip from a Diwali stock list.
The real work happens that afternoon: the yearly review. What did I buy this year and why, what would I not buy again, what is the savings rate, is the emergency fund full. One hour, one page.
Crypto has no Muhurat, it never closes. My symbolic buy there is the same monthly Bitcoin amount, on the same date. The ritual is the discipline, not the day.

The tradition is lovely. The strategy is the boring stuff you do the other 364 days.

Do you do a Muhurat buy? What is your one share this year?

Education only, not financial advice.

$BTC #MuhuratTrading #Diwali #StockMarket