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Brokerage firm Angel One shows confidence in these stocks in Savant 2078
Diwali 2021 stock picks: Indian brokerage and resource firm Angel One (formerly Angel Broking) has selected 16 stocks for Diwali, which investors can buy during Muhurta trading or Diwali. Angel One Diwali stock picks include Ashok Leyland, PI Industries, HDFC Bank, Federal Bank (Federal Bank), Shobha (Sobha), Stove Craft, Safari Industries ( Safari Industries), AU Small Finance.
Stocks picked by Angel One in the automobile sector include Ashok Leyland (target price Rs 175), Sona BLW Precis (target price Rs 775), Ramkrishna Forgings (target price Rs 1,545) and Suprajit Engineering (target price Rs 425). .
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Why Muhurta Trading is Special for Investors
As we all know that Muhurta trading has its own importance and this time is considered extremely auspicious. It is also believed that the position of planets in a particular Muhurta is such that investment made on this occasion gives benefits.
Due to this belief, most of the investors buy shares during one hour Muhurta trading. However, on this occasion, one should avoid buying overvalued shares due to sentiments.
The importance of this special session on the day of Diwali can also be gauged from the fact that many people make their first investment in the stock market during this special trading session, so that they can benefit only in the future, according to the belief.
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What will be the timing of Muhurta trading?
This year the Muhurta trading session will start from 6:15 PM on Thursday, 4th November and end at 7:15 PM. The special trading window opens after the Hindu calendar, marking the beginning of a new Samvat or Samvat 2078. The Hindu calendar year, which begins with Diwali and Muhurta trading is believed to bring prosperity and wealth throughout the year.
Pre-open: 6:00 pm – 6:15 pm
Normal Market: 6:15 p.m.-7:15 p.m.
Closing session – 7:25 pm-7:35 pm
F&O, Currency (CDS), MCX: 6:15 p.m.-7:15 p.m.
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Muhurta trading will be held this evening on Diwali
The stock market will open for one hour for the Muhurat Trading 2021 session on the day of Diwali. Although the stock market exchange is closed on Diwali, Muhurta trading is conducted every year on the occasion of Diwali and the normal trading session is preceded by a block deal session followed by a closing session. It is a symbolic ritual which is performed for many years and investors do some token purchases on this day.
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