Every Diwali, the Indian stock market observes a unique ritual—Muhurat Trading. More than just a trading session, it’s a time-honoured tradition symbolising prosperity, new beginnings, and a belief in creating long-term wealth. For countless investors, Muhurat Trading isn’t just about buying stocks; it’s about starting a financial journey on an auspicious note.
Stock market leaders, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) determine the Muhurat Trading schedules each year. This year, the Muhurat trade will take place on 1 November. According to the BSE website, the stock exchanges have set the Muhurat Trading time as 6-7:10 p.m.
Event | Time |
Pre-Open Session | 5:45 pm- 6:00 pm IST |
Muhurat Trading | 6:00 pm- 7:00 pm IST |
Closing Session | 7:10 pm - 7:20 pm IST |
While the Indian market is comforting and familiar, the US Stock market offers unparalleled opportunities for diversification and growth.
Thanks to the dominance of tech giants, healthcare innovators, and energy leaders, US Stocks have outpaced many global markets in recent years. Sectors that you might easily miss in the Indian market can be accessed easily through US Stocks. Investing in the United States Stock market helps hedge risks against domestic volatility and exposes you to international trends and growth.
Muhurat Trading has always been about setting the tone for long-term investments. While the US Stock market doesn’t have Muhurat Trading like India, Diwali may still be a symbolic time to expand your portfolio.
Investing in US Stocks allows you to tap into industries that lead global innovation. For instance, AI technology, electric vehicles (EV), and cloud computing are areas where US companies are driving the future. A dual market strategy—investing in both Indian Stocks for local stability and US Stocks for global growth—can help you maximise your potential returns in the long run.
Here are some of the NYSE (New York Stock Exchange) and NASDAQ (National Association of Securities Dealers Automatic Quotation) listed companies suggested by the investment experts at Fi that you may explore. These companies represent some of the most innovative and stable investments globally.
Name of the Stock | Stock Symbol | Sector |
Meta | NASDAQ: META | Information Technology |
Tesla | NASDAQ: TSLA | Automobile Industry |
Uber Technologies | NYSE: UBER | Ride-Sharing & Delivery |
GM Motors | NYSE: GM | Automotive Manufacturer |
Philip Morris International | NYSE: PM | Tobacco |
Nvidia | NASDAQ: NVDA | Artificial Intelligence |
Microsoft.com | NASDAQ: MSFT | Software/ Hardware |
Microsoft (MSFT) - From cloud computing to AI-driven innovations, Microsoft remains one of the most dominant players in the tech world.
As we approach this year's Muhurat Trading session, it's an opportune time to reflect on long-term wealth-building strategies. While the Indian stock market remains a trusted avenue for investments, diversifying into US Stocks can offer exposure to global growth, innovation, and a resilient investment portfolio.
If you are interested in the Diwali stock recommendations and want to start diversifying your investments on this auspicious day, then the Fi Money platform could be where you start! As a money management platform, Fi offers several investment options. Short-term or Long-term — investing with a simple swipe of your phone's screen is easy.