Muhurat Trading

What is Muhurat Trading? Stocks To Invest in this Muhurat Trading

INDIA is a country known for its diverse cultures, religions, beliefs, customs, and festivals. One of the biggest festivals celebrated is the festival of light – Diwali. It is a day that symbolizes the winning of good over bad.  This day is auspicious for all, and many believe in buying new things during this time.

One of the oldest traditions exclusive in the Indian Stock market is the Muhurat Trading. Muhurat is a term that is referred to as an auspicious time to do anything new and prosperous whether marriage, housewarming, etc.


It is a ritual that takes place every year on the day of Diwali where people who are new in the world of investing and seasoned traders trade on the NSE and BSE.  Diwali is also marked as a new year in the Hindu Calendar, the investors do Laxmi-Pujan and worship their books of accounts and pray for a great year.


In 1957 Muhurat trading started in the BSE and then later in 1992 in NSE. It was the Gujaratis and the Marwaris who started this tradition of trading on Diwali. As time passed every investor started trading and with the ease of technology it can happen from anywhere. On this day the stock market is closed for normal trading and only opens for an hour.


Every year the date and time of Muhurat Trading changes. This year Diwali is on 24th October 2022, and the stock exchanges have released the trading hours for the various segment in which you can trade.

The normal trading time for the Capital Market, Equity Derivatives, Currency Derivatives, Commodity Derivatives, Securities Lending & Borrowing Scheme (SLBS), and the MCX Market is between 18:15 – 19:15.

The trade modification time for Equity Derivatives, Currency Derivatives, and Commodity Derivatives is 19:25

For the MCX Market, a Special Session will be from 18:00 – 18:14 followed by a Client Code Modification Session from 19:15 – 19:30 after the trading session.

In the Capital Market the timings are:

Block Deal17:45 – 18:00
Pre–Open Session18:00 – 18:08
Normal Market18:15 – 19:15
Call Auction Illiquid Session18:20 – 19:05
Closing Session19:25 – 19:35
Trade Modification18:15 – 19:45


  • The market is only open for an hour in the evening and will remain closed the rest of the day.
  • If you are a new investor open a Demat Account with us at Venus Tradex in advance and be sure to file all the necessary documents.
  • The muhurat trading is done on October 24, 2022, but will be closed on 26th October on the account of Diwali-Balipratipada.
  • The trading is open for all the stocks listed on both exchanges.
  • Traders should invest in quality stocks that would give them high returns in a few years.
  • Only small purchases should be made during this time.
  • The decision on investing in a share should be done on the data provided by the primary sources and the investor should avoid listening to rumors.
  • The window of trading is small thus over-trading should be avoided in this trading session.
  • It is recommended to buy or sell securities on this day as the volume of trading is higher than usual.



Sun Pharmaceuticals Industries Limited is the largest pharmaceutical company in India and the 3rd largest generic pharma company in the US. The company has been experiencing healthy traction in the USA revenue over the last four quarters and the Specialty business continuous 30% of the US and 13.8% of the overall revenue for Sun Pharma as of Q1FY23.

The company’s generic pipeline comprises 13 new drug applications and 89 abbreviated new drug applications, awaiting approval as of Q1FY23. The company has 4 molecules in the specialty pipeline. For Q1FY23, the company launched 22 new products in the US vs 11 new products in India.

Entry PriceTarget PricePotential UpsideCategoryMarket Cap. (INR Millions)RecommendationSector
₹ 955₹ 1,19425%Large Cap.₹22,66,290BUYPharmaceuticals

Hindustan Aeronautical Ltd. (HAL) is the largest Defence Public Sector Unit (DPSU) and has been given Navratna status by the Government of India in 2007.  The Government’s increased focus on policies like Make in India and Atama Nirbhar Bharat will bode well for the company in the future as they are the sole supplier of aircraft, helicopters, and other accessories.

With a monopoly in Indian aerospace, HAL is ready to take off to capture the multi-decade opportunity. After decades of R&D, the company recently won the country’s biggest order in February 2021 which not only opened a bigger pipeline but also reversed its declining order book. HAL operates in an industry with high-entry barriers, enabling it to deliver high ROE and they are not involved in controversial weapons.

Entry PriceTarget PricePotential UpsideCategoryMarket Cap. (INR Millions)RecommendationSector
₹ 2,360₹ 2,95025%Large Cap₹ 37,675BUYAerospace/ Defense

Nestle India (NEST) is the Indian subsidiary of the Swiss MNC Nestle SA. NEST has a presence across India and manufactures products under internationally famous brand names such as Nescafe, Maggi, Milky Bar, Kit Kat, Bar-One, Milkmaid, and Nestea. And they have 9 manufacturing facilities in various districts of India.

Entry PriceTarget PricePotential UpsideCategoryMarket Cap. (INR Millions)RecommendationSector
₹ 18,725₹ 23,40625%Large Cap.₹18,28,620AccumulateFMCG

NEST has reported sustainable revenue growth in the last 22 quarters, where 17 out of the 22 quarters had double-digit growth. The revenue growth was broad-based categorically and geographically despite the macroeconomic and demand pressure. Nestle SA has announced an accelerated investment plan for India where the plan is to invest ₹ 50 billion till 2025. The Planned investment is sizable when compared to ₹ 80 billion invested over the last 60 years. The higher investments will help NEST to accelerate its core business and leverage new growth opportunities. Additionally, the company is open to exploring opportunities for mergers and acquisitions.


Vinati Organics Ltd. (VOL) is a leading manufacturer of specialty chemical and organic intermediaries with a sustained market presence spanning over 35 countries in the world. Since its inception, the company has evolved from being a single-product manufacturer to having an integrated business model offering a wide range of products to some of the largest industrial and chemical companies across the US, Europe, and Asia.

Its emphasis on growing the Butyl Phenol business and forays into new ones via its wholly-owned subsidiary Veeral Organics Pvt Ltd will bode well for the company.  

It delivered a sharp uptrend in its consolidated revenues in the previous quarter. Its Antioxidants (AO) market which is operating at 25% capacity is also seeing huge domestic demand and is expected to touch 50% capacity next year. The company has two, state of art manufacturing plants in Maharashtra.

Entry PriceTarget PricePotential UpsideCategoryMarket Cap. (INR Millions)RecommendationSector
₹ 1,975₹ 2,46925%Mid Cap₹ 2,12,738AccumulateSpecialty Chemicals

Bajaj Finance Ltd. (BAF) is known as the lending arm of Bajaj Finserv Ltd and has a diverse set of product portfolio that is targeted toward meeting the changing consumer preferences. BAF continuously focuses on diversifying its product portfolio according to its customer’s preferences and has launched an auto financing segment that will start benefitting the company from Q2 FY23E.

They are also expanding its housing loan business owing to its wholly-owned subsidiary Bajaj Housing Finance Ltd. (BHFL) through cross-selling opportunities to its existing and large customer base

Technology is expected to be the key driver for the business transformation journey of BAF. The NBFC expects to be present in 5,000 locations and 2,00,000 points of sale in the medium-long term expanding from 3,586 locations and 1,38,900+ distribution points as of 30th June 2022.

Entry PriceTarget PricePotential UpsideCategoryMarket Cap. (INR Millions)RecommendationSector
₹ 7,226₹ 903325%Large Cap.₹43,36,084BuyNBFC

Tech Mahindra (TechM) is a Pune-based Indian multinational corporation specializing in technology-based transformation. The company shows mastery in Network services, Engineering services, platform-based solutions, security, digital marketing, CX, BPS, IT, and robust innovation strategy for driving innovation culture. With its 1,21,000 employees across 90+ countries, this company is serving the needs of 1000+clients including several Fortune 500 companies.

Technology, retail, and manufacturing verticals registered healthy growth in QoQ, while BFSI declined due to a currency headwind. Growth was primarily driven by smaller accounts. TechM reported net new TCV at USD 802 million in Q1 (6th consecutive quarter of TCV > USD 700million) and a higher focus on organic growth will improve FCF generation.

Entry PriceTarget PricePotential UpsideCategoryMarket Cap. (INR Millions)RecommendationSector
₹ 1,015₹ 1,26925%Large Cap.₹ 9,77,587BUYInternet Software and Services

Ramco Cement Ltd. is one of the prominent semi-manufacturers in India with a Total installed capacity of 21 million tonnes per annum (MTPA). The company has five integrated cement units, six grinding units, one RMC plant, one dry mortar plant, and a wind farm division.

 For the last few quarters, Ramco has faced downward pressure on its margins due to a sharp rise in input costs, especially power, fuel, and logistic costs. With crude prices now correcting significantly from their peak along with correction in pet coke and coal prices, Ramco is expected to improve its margin profile in the coming quarters.  The company is on track with its expansion plans and has recently commissioned its 5th integrated cement plant at Kurnool. Ramco has also strengthened its focus on the sale of premium products which is growing steadily. The modernization of the RR Nagar plant along with the lime-stone beneficiation plant will get commissioned in March 2023

Entry PriceTarget PricePotential UpsideCategoryMarket Cap. (INR Millions)RecommendationSector
₹ 709₹ 88625%Mid Cap.₹1,75,565BUYCement


Diwali is a day known for winning of knowledge over ignorance so use this day to make wise investment decisions and let your hard-earned money make money.  On this day experienced as well as novice investors have a chance to invest in some quality stocks. The market is said to be bullish on this day and it is advised to buy for a longer period rather than for a day or week.                                                                                                           

We have given a list of some of the stocks in which you can invest on Muhurat Trading. Happy Trading and Happy Diwali


  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

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