Stock markets to hold Muhurat trading session on Diwali

Mumbai, Oct 18 (IANS) Key Indian equity markets will hold a special "Muhurat" trading session to mark the start of the Hindu New Year on Thursday.

The annual one-hour session will be held between 6.30 p.m. and 7.30 p.m. It is held every year on account of Diwali Laxmi Pujan.

The session is considered to be auspicious for stock market trading. It is believed that the "Muhurat" trading on this day brings wealth and prosperity throughout the year.

The session will mark the start of the Hindu New Year — Samvat 2074.