New Delhi: This time the stock market will remain closed on 1st November on Diwali. However, during this period there will be Muhurta trading for one hour from 6 pm to 7 pm. People who invest in the share market consider it auspicious to buy shares at this time. It is believed that the shares which are bought in this Muhurta trading give good returns in future.
If you are also planning to buy shares during Muhurta trading, then buy them wisely. It may happen that the shares you buy cause you huge losses in the future. Although investing in the stock market is risky, if done wisely the risk can be reduced to a great extent.
When will the stock market be closed on Diwali, 31 October or 1 November? Know at what time Muhurta trading will take place
Expert suggested some shares
Experts have suggested some names regarding which shares to buy during Muhurat trading. These include shares from many sectors. According to experts, shares can give returns of 50 percent or more in the next one year. Experts say that you should keep shares of almost every sector in your portfolio. Especially shares of such companies which are growing in the market. Like semiconductor, green energy, telecom etc.
Suggested to buy these 10 shares
1. Sansera Engineering
The current price of this share is Rs 1475. In the last one year, this stock has given more than 70 percent returns to investors. The market cap of the company is Rs 9.07 thousand crore.
2. Bharti Airtel Ltd
Experts have also advised to buy this company. Its share price is currently Rs 1646. The company has given 77 percent returns in the last one year.
3. Caplin Point Laboratories Ltd
This has also filled the pockets of investors in one year. Currently the price of one share is around Rs 1928. It has given 90 percent returns in one year.
4. Hi-Tech Pipes Ltd
Its share price is currently Rs 179. It has given 76 percent returns to investors in one year. The market cap of the company is Rs 3.64 thousand crore.
5. HUDCO
The shares of Housing and Urban Development Corporation Limited (HUDCO) are making waves. Its share price is currently Rs 220.50. It has given returns of about 194 percent in the last one year.
6. Tech Mahindra
Shares of this company are also performing well in the market. Currently its price is Rs 1698 per share. It has given more than 50 percent returns in the last one year.
7. Tata Power
Tata Power is also no less than anyone in terms of one year returns. It has given more than 80 percent returns to investors in the last one year. Currently its share price is around Rs 432.
8. Power Grid Corporation
This government company has also given tremendous returns to investors in one year. Currently its share price is around Rs 325. Its returns in one year have been more than 60 percent.
9. BHEL
This government company has also made investors rich. The current price of this share is Rs 242.25. It has doubled the investors’ money in one year i.e. has given 100 percent return.
10. Garden Reach Shipbuilders
Experts have also shown interest in the shares of Garden Reach Shipbuilders & Engineers Ltd company. The current price of this share is Rs 1595. This company has given more than 115 percent returns in one year. That means the investors’ amount has more than doubled.
Disclaimer: The recommendations given in this analysis are those of individual analysts or broking companies and not of NBT. We advise investors to consult certified experts before taking any investment decision. Because stock market conditions can change rapidly.
Interview: Navigating Diwali Muhurta Trading – Insights from Stock Market Expert
Interviewer (Time.news Editor): Good evening, and welcome to our special segment on stock market strategies during the Diwali season. Today, we have with us renowned market expert, Mr. Rajiv Mehta. Thank you for joining us, Rajiv.
Rajiv Mehta: Thank you for having me! It’s great to be here, especially during such an auspicious time for the stock market.
Editor: Absolutely! Now, as we’re aware, the stock market will be closed on November 1st for Diwali, but there will be a Muhurta trading session from 6 PM to 7 PM. Can you tell our viewers what Muhurta trading is and why it’s considered auspicious?
Rajiv: Muhurta trading is a special one-hour window where investors buy shares to celebrate the onset of the festival. It’s believed that shares purchased during this time yield favorable returns, as they symbolize new beginnings and prosperity. Many investors view it as a tradition, hoping that their investments will reap benefits in the long run.
Editor: That sounds promising! While it may be an exciting time, there’s always a risk factor involved in stock trading. What advice would you give to investors planning to buy shares during this Muhurta trading session?
Rajiv: You’re correct; investing in the stock market carries risks. However, those risks can be mitigated with prudent choices. I advise investors to conduct thorough research and look at companies that are not only trending but also show robust growth potential across various sectors. Diversification in your portfolio can be key. That way, you’re not putting all your eggs in one basket.
Editor: Wise words! Speaking of diversification, you’ve mentioned that shares from multiple sectors are advisable. Can you elaborate on some of the companies you suggest for this Muhurta trading?
Rajiv: Certainly! There are several companies that have shown impressive growth and promise. Here are a few recommendations:
- Sansera Engineering: Priced at approximately Rs 1475, it has returned over 70% in the past year. The company has a substantial market cap of Rs 9.07 thousand crore.
- Bharti Airtel Ltd: With a current price of Rs 1646 and a 77% return in a year, it’s a solid choice in the telecom sector.
- Caplin Point Laboratories Ltd: This pharmaceutical company has outperformed expectations with a share price around Rs 1928 and has given 90% returns over the past year.
- Hi-Tech Pipes Ltd: Currently valued at Rs 179, it boasts 76% returns, proving its market strength.
- HUDCO (Housing and Urban Development Corporation Limited): Priced at Rs 220.50, HUDCO has been gaining traction and is showing a promising return on investment.
Editor: Those are some exciting picks! Given the strong returns these stocks have provided in the last year, do you think they will continue to perform well in the upcoming year?
Rajiv: The outlook is positive, but it’s important to remember that the market can be unpredictable. Economic conditions, market trends, and company performance all play crucial roles. However, companies in growth sectors, such as semiconductors, green energy, and telecom, generally have a favorable outlook. Keeping a close eye on market changes and being adaptable in your strategy is essential.
Editor: Great insights! As we wrap up, what final advice would you offer to our viewers who are gearing up for Muhurta trading?
Rajiv: My final piece of advice would be to invest wisely and stay informed. Use this Muhurta trading session as an opportunity to build a well-rounded portfolio, but don’t rush into decisions solely based on tradition. A blend of strategic planning and timely execution will help in achieving your financial goals.
Editor: Thank you, Rajiv, for your valuable insights. It’s clear that with the right approach, Diwali Muhurta trading can be both a meaningful and potentially profitable experience.
Rajiv: Thank you for having me! Happy investing and a prosperous Diwali to everyone!
Editor: Happy Diwali to all! We hope you found this discussion engaging and informative. Happy trading!