Muhurat Trading is a unique one-hour trading session held during Diwali, marking the start of the new Samvat year. This year, the session will take place on November 1, from 6 PM to 7 PM, allowing investors to make symbolic and strategic investments for a prosperous year ahead.
Recommended Muhurat Trading Stock Picks
| Stock | Sector | Recommended By | Target Price (Rs) | Investment Horizon |
|---|---|---|---|---|
| SBI | Banking | HDFC Securities | 960 | 1 year |
| Bajaj Finance | Finance | JM Financial | 8,552 | Long-term |
| ICICI Bank | Banking | MOFSL | 1,400 | 1 year |
| HCL Tech | IT | MOFSL | 2,300 | Long-term |
| AU Small Finance Bank | Finance | Axis Securities | 800 | Short-term |
Why These Stocks?
- SBI and ICICI Bank: These leading banks are favored due to their stable growth, robust lending, and digital expansion strategies.
- Bajaj Finance: Known for its retail and consumer finance offerings, Bajaj Finance has strong growth potential in a maturing market.
- HCL Tech: A solid IT sector choice, HCL Tech benefits from global demand for digital transformation services.
- AU Small Finance Bank: With a strong foothold in rural banking, AU Bank is expected to grow rapidly in the short term.
Muhurat Trading Timings and Traditions
In 2024, the Muhurat trading session is set from 6 PM to 7 PM, with a pre-opening session at 5:45 PM. This session, traditionally shorter than regular trading hours, is believed to bring prosperity to investors who trade during this auspicious time.
Why Invest During Muhurat Trading?
For many, Muhurat Trading is not only about profits but about beginning the financial year with positive momentum. Over the years, it has become a staple for Indian traders, signifying a commitment to wealth-building and long-term prosperity.
Disclaimer: Stock recommendations are based on current analysis and market conditions. Always consult a financial advisor before making investment decisions.
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