BSE and NSE will conduct Muhurat Trading on Diwali, Oct 21.
Muhurat trading is seen in India as an occasion for an auspicious beginning to the traditional Hindu new year. Investors place token orders and buy stocks for their children, which are held for the long term and sometimes never sold. Traders normally book their intra-day profits, however small they may be.
Brokers on the BSE normally start the New Year with traditional ceremonies and pujas.
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Happy Diwali !
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