The auspicious first day of the Diwali festival Dhanteras is being celebrated on October 29, 2024, and investors and traders want to know about the status of the stock market. Bombay Stock Exchange (BSE) announced that the stock market will remain open today. The decision follows the exchange’s holiday schedule, which stated that trading would continue as normal, allowing market participants to trade stocks and derivatives.

However, the stock market will be closed on Friday, November 1, 2024, to commemorate Diwali and Laxmi Puja. This holiday is important because it is one of the most famous festivals of India and many people worship Goddess Laxmi for wealth and prosperity. The closure also includes the National Stock Exchange (NSE) and the commodity market, including the Multi Commodity Exchange of India (MCX), which declared a holiday on this date.

Muhurat Trading will also be conducted on 1 November along with regular trading. This is a unique one-hour trading session that is considered an auspicious hour to start new investments; It is between 18.00 and 19.00. This is the beginning of the new financial year of Samvat 2081 according to the Hindu calendar.

Dhanteras itself is celebrated by worshiping Dhanvantari, an avatar of Vishnu who is worshiped as the god of health and medicine. Buying gold or silver items is a sign of good luck celebrating the day. If you are trading today or Muhurat Trading, keep these dates in mind to maximize the stock market this holiday.