Traders during the Muhurat trading session at the BSE in Mumbai on Monday, Oct. 24, 2022. (Photographer: Vijay Sartape/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The Muhurat trading session was introduced by Asia's oldest stock exchange, the Bombay Stock Exchange, in 1957. The word ‘Muhurat’ translates to ‘auspicious time’, and the practice stems from the traditional belief that beginning financial activities during an auspicious period ensures prosperity.

As per the Hindu calendar, Diwali marks the beginning of a new year, known as Samvatsaradi. It is also the time when traders and business families ceremonially close their books of accounts for the previous year and open new ones, a ritual known as Chopda Pujan.

Invoking the blessings of Goddess Laksh

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