How the markets have performed in previous Muhurat Trading sessions

By Ventura Research Team 2 min Read Oct 30, 2024

Every year on the eve of Laxmi Pujan, the Indian stock market holds a special trading session much anticipated by investors and traders. For most Indians, it is a day to worship their wealth and express gratitude. The stock market, to honour this tradition, conducts a Muhurat Trading session. To learn about what is Muhurat Trading, its timings, and its significance, you can read this blog: Diwali Muhurat Trading 2024. In this blog, we will look at how the markets have performed in previous Muhurat Trading sessions.

Market performance: Muhurat trading 2023

Diwali was celebrated on November 12 last year. It proved to be the second-best Muhurat Trading session in five years. The primary index of the Bombay Stock Exchange, Sensex, recorded a 355-point gain, closing 0.55% up at 65,259. Nifty 50, the primary NSE index, closed 0.52% up at 19,525 with a gain of 100 points. The midcap and smallcap stocks fared well with the BSE Midcap index rising 0.67% and the BSE Smallcap index rising 1.14%.

It is worth noting that since then, the markets have shown significant growth within a year. Sensex has scaled a high close to 86,000 and Nifty surpassed 26,000.

The Muhurat Trading session in 2023 witnessed a growth in 28 of the 30 Sensex stocks and 43 of the 50 Nifty 50 stocks. But, how have the markets performed in other Muhurat Trading sessions? Let’s take a stroll through the history lane.

Performance in Muhurat Trading history: how did the markets perform?

Considering the last decade, the markets on Muhurat Trading have performed positively in 8 out of 10 sessions. In 2016, Nifty closed flat at -0.04%. The following year, Nifty closed at -0.6%.

Nifty’s performance on Muhurat Trading in the last 10 years

Year	Change in Nifty
2023	0.52%
2022	0.88%
2021	0.50%
2020	0.47%
2019	0.37%
2018	0.70%
2017	-0.60%
2016	-0.04%
2015	0.50%
2014	0.20%

Conclusion

For many Indians, Diwali is an auspicious occasion to make financial decisions. This one-hour session on the 1st of November will appeal to investors across the country. We encourage you to invest smartly and not let the festive vibes blind your thoughts.