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Muhurat trading is the trading activity in the Indian stock market on the occasion of Diwali (Deepawali), a big festival for citizens of India. [1] Usually, it is held during evening hour and is announced by the stock market exchanges notifying traders and investors of the non-scheduled trading hour.
The Gazette of India is dated in both the Gregorian calendar and the Indian national calendar. The Indian national calendar, also called the Shaka calendar or Śaka calendar, is a solar calendar that is used alongside the Gregorian calendar by The Gazette of India, in news broadcasts by All India Radio, and in calendars and official communications issued by the Government of India. [1]
Muhurta is a combination of the Sanskrit root words muhu (moment/immediate) and ṛta (order). The Ṛg Ved III.33.5 accordingly mentions this descriptive term. Ṛta refers to the natural, yearly order of the seasons, so muhūrta refers to the daily reflection of these.
About two-thirds of Indian households, according to the ASSOCHAM forecast, would spend between ₹ 5,000 (US$58) and ₹ 10,000 (US$120) to celebrate Diwali in 2017. [172] Stock markets like NSE and BSE in India are typically closed during Diwali, with the exception of a Diwali Muhurat trading session for an hour in the evening to coincide with ...
Trading the news is a technique to trade equities, currencies and other financial instruments on the financial markets. Trading news releases can be a significant tool for financial investors . Economic news reports often spur strong short-term moves in the markets, which may create trading opportunities for traders .
As the news spread, more people rushed in to buy, sending the price seemingly ever higher. But Bitcoin finished the year off its highest levels, ending the breakthrough year of 2017 at $13,850.
2017 WNBA season. In basketball, Diana Taurasi of the Phoenix Mercury becomes the WNBA's all-time scoring leader, surpassing the record of Tina Thompson (7,488 points) in the Mercury's 90–59 loss to the Los Angeles Sparks. 2017 ICC Champions Trophy. In cricket, Pakistan wins the 2017 ICC Champions Trophy Final defeating India by 180 runs.
Business and economy Poverty reduction The United Kingdom and Bill & Melinda Gates Foundation sponsor a summit that plans on raising funds for family planning in developing countries. (TIME) (The Hindustan Times) Disasters and accidents Floods in Japan The death toll from recent torrential rain and flooding in Kyushu in southern Japan rises to 25. (AFP via The Star) Health and medicine ...