muhurat trading 2010 | Markets will open muhurat trading for this diwali

muhurat syndication 2010 | markets will open muhurat syndication for this diwali

mumbai: the bombay stock exchange (bse) will hold a particular diwali syndication session for an hour from 6 p. M. Friday to compensate obedience to lakshmi — the hindu goddess of wealth and prosperity.

the other major bourse, the national stock exchange , will hold a similar session, called “muhurat”, at the same time to mark the new year for traders as per the hindu lunar calendar, samwat 2067.

derivatives and futures syndication will likewise be conducted at all the three major commodity exchanges in the country — the multi-commodity exchange, the national multi-commodity exchange and the national commodity and derivatives exchange.

in stock markets where the tradition of muhurat syndication dates back to over a century, key indices have more often times than not ended with benefits, as most people believe in buying than syndication on that day.

from the last muhurat syndication, the sensible index (sensex) of the bombay stock exchange (bse) has risen as much as 18. 77 percent to 3,234. 63 points.

Posted by musicking on Nov 4 2010. Filed under Business news. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry