Muhurat Trading
Muhurat trading is the trading activity in the Indian stock market on the occasion of Diwali (Deepawali), a big festival for citizens of India. Usually, it is held during evening hour and is announced by the stock market exchanges notifying traders and investors of the non-scheduled trading hour.(dominant sect of people in Dalal Street) who do similar trading on hours of Diwali. Trading activity Stock brokers' offices take on a distinctly ethnic look with neatly designed rangoli patterns and innumerable diyas lined up to welcome Goddess Lakshmi. Muhurat trading is one of the many links the broking(trading) community retains with its rich past. The practice of Muhurat trading has been retained and observed for ages. The schedule of the muhurat trading is announced by the stock exchange and the Sensex closes on a higher note at the ending of the trading hour. With this, the traders on Dalal Street welcome the New Year on a positive note. Many start the New Year with traditional ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Muhurta
Muhūrta () is a Hindu unit of time along with ''nimiṣa'', ''kāṣṭhā'', and ''kalā'' in the Hindu calendar. In the ''Brāhmaṇas'', ''muhūrta'' denotes a division of time: 1/30 of a day, or a period of 48 minutes. An alternative meaning of "moment" is also common in the ''Brāhmanạs''. In the ''Rigveda'' ''muhūrta'' exclusively means, "moment". Each muhūrta is further divided into 30 ''kalā'', (1 ''kalā'' = 1.6 minutes or 96 seconds). Each ''kalā'' is further divided into 30 ''kāṣṭhā'' (1 kāṣṭhā ≈ 3.2 seconds). Etymology ''Muhurta'' is a combination of the Sanskrit root words ''muhu'' (moment/immediate) and ''ṛta'' (order). The Ṛg Ved III.33.5 accordingly mentions this descriptive term. ''Ṛta'' refers to the natural, yearly order of the seasons, so ''muhūrta'' refers to the daily reflection of these. Also, cf., ''Śatapatha Brāhmaṇa'' X.4.2.18, as below. Annual calibration The Muhūrtas are traditionally calculated by assuming sunrise ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Diwali
Diwali (), also called Deepavali (IAST: ''Dīpāvalī'') or Deepawali (IAST: ''Dīpāwalī''), is the Hindu festival of lights, with variations celebrated in other Indian religions such as Jainism and Sikhism. It symbolises the spiritual victory of ''Dharma'' over ''Adharma'', light over darkness, good over evil, and knowledge over ignorance.Jean Mead, ''How and why Do Hindus Celebrate Divali?'', Diwali is celebrated during the Hindu calendar, Hindu lunisolar months of Ashvin (month), Ashvin (according to the Hindu calendar#amanta, amanta tradition) and Kartika (month), Kārtikabetween around mid-September and mid-November.''The New Oxford Dictionary of English'' (1998) – p. 540 "Diwali /dɪwɑːli/ (also Diwali) noun a Hindu festival with lights...". The celebrations generally last five or six days. Diwali is connected to various religious events, deities and personalities, such as being the day Rama returned to his Kosala, kingdom in Ayodhya (Ramayana), Ayodhya with h ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Dalal Street
Dalal Street (), () is the metonym for the financial markets of India, the Indian financial services industry of the country as a whole, or the actual financial district itself. It is located in the Financial District of Fort in Mumbai and is the address of the Bombay Stock Exchange and several other major financial institutions of the world. The Marathi word ' means "a broker", "a go-between". In 2008, there was a proposal to rename the street after Nagarmal Saraf, a broker who worked at the BSE for 25 years. History In the 1850s, indigenous brokers traded informally under banyan trees near Horniman Circle, Mumbai. In 1875, these brokers formed the "Native Share & Stock Brokers’ Association", marking the genesis of the BSE and cementing the identity of Dalal Street as a financial hub. In 1957, the BSE became the first Indian stock exchange officially recognised by the Government of India under the Securities Contracts (Regulation) Act. During the late 1970s, the B ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Stock Trader
A stock trader or equity trader or share trader, also called a stock investor, is a person or company involved in trading equity securities and attempting to profit from the purchase and sale of those securities. Stock traders may be an investor, agent, hedger, arbitrageur, speculation, speculator, or stockbroker. Such equity trading in large public company, publicly traded companies may be through a stock exchange. Stock shares in smaller public companies may be bought and sold in over-the-counter (finance), over-the-counter (OTC) markets or in some instances in equity crowdfunding platforms. Stock traders can trade on their own account, called proprietary trading or self-directed trading, or through an agent (law), agent authorized to buy and sell on the owner's behalf. That agent is referred to as a stockbroker. Agents are paid a commission (remuneration), commission for performing the trade. Proprietary or self-directed traders who use online brokerages (e.g., Fidelity, I ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Rangoli
Rangoli is an art form that originates from the Indian subcontinent, in which patterns are created on the floor or a tabletop using materials such as powdered limestone, red ochre, dry rice flour, coloured sand, quartz powder, Petal, flower petals, and coloured rocks. It is an everyday practice in many Hindu households; however, making it is mostly reserved for festivals and other important celebrations as it is time-consuming. Rangolis are usually made during Diwali or Tihar (festival), Tihar, Onam, Pongal (festival), Pongal, Ugadi and other List of Hindu festivals, Hindu festivals in the Indian subcontinent, and are most often made during Diwali. Designs are passed from one generation to the next, keeping both the art form and the tradition alive. Rangoli have different names based on the state and culture. Rangoli hold a significant role in the everyday life of a Hindu household especially historically when the flooring of houses were untiled. They are usually made outside ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Diya (light)
A diya, diyo, deya, deeya, dia, divaa, deepa, deepam, deep, deepak or saaki () is an oil lamp made from clay or mud with a cotton wick dipped in oil or ghee. These lamps are commonly used in the Indian subcontinent and they hold sacred prominence in Hindu, Sikh, Buddhist, and Jain prayers as well as religious rituals, ceremonies and festivals including Diwali. Traditional use Diyas are symbolically lit during prayers, rituals, and ceremonies; they are permanent fixtures in homes and temples. The warm, bright glow emitted from a diya is considered auspicious, regarded to represent enlightenment, prosperity, knowledge and wisdom. Diyas represent the triumph of light over dark, good over evil with the most notable example of this being on the day of Diwali. Diwali is celebrated every year to celebrate the triumph of good over evil as told in the Hindu epic, the Ramayana. Diwali marks the day Rama, Sita, and Lakshmana returned home to Ayodhya after 14 years in exile, after the def ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lakshmi
Lakshmi (; , , sometimes spelled Laxmi, ), also known as Shri (, , ), is one of the principal goddesses in Hinduism, revered as the goddess of wealth, fortune, prosperity, beauty, fertility, sovereignty, and abundance. She along with Parvati and Sarasvati, form the trinity of goddesses called the Tridevi. Lakshmi has been a central figure in Hindu tradition since pre-Buddhist times (1500 to 500 BCE) and remains one of the most widely worshipped goddesses in the Hindu pantheon. Although she does not appear in the earliest Vedic literature, the personification of the term '' shri''—auspiciousness, glory, and high rank, often associated with kingship—eventually led to the development of Sri-Lakshmi as a goddess in later Vedic texts, particularly the ''Shri Suktam''. Her importance grew significantly during the late epic period (around 400 CE), when she became particularly associated with the preserver god Vishnu as his consort. In this role, Lakshmi is seen as the ide ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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BSE SENSEX
The BSE SENSEX (also known as the S&P Bombay Stock Exchange Sensitive Index or simply SENSEX) is a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on the Bombay Stock Exchange. The 30 constituent companies which are some of the largest and most actively traded stocks, are representative of various industrial sectors of the Indian economy. Published since 1 January 1986, the S&P BSE SENSEX is regarded as the pulse of the domestic stock markets in India. The base value of the SENSEX was taken as ''100'' on 1 April 1979 and its base year as ''1978–79''. On 25 July 2001, BSE launched DOLLEX-, a dollar-linked version of the SENSEX. Etymology The term Sensex was coined by Deepak Mohoni, a stock market analyst in 1989. BSE Sensitive Index then was at about 750 points. Sensex is a portmanteau of the words Sensitive and Index. Calculation The BSE has some reviews and modifies its composition to be sure it reflects curren ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Puja (Hinduism)
() is a worship ritual performed by Hindus to offer devotional homage and prayer to one or more deities, to host and honour a guest, or to spiritually celebrate an event. It may honour or celebrate the presence of special guests, or their memories after they die. The word ''puja'' is roughly translated into English as 'reverence, honour, homage, adoration, or worship'.पूजा ''Sanskrit Dictionary'', Germany (2009) ''Puja'' (পুজো / পুজা in Bengali language, Bangla), the loving offering of light, flowers, and water or food to the divine, is the essential ritual of Hinduism. For the worshipper, the divine is visible in the image, and the divinity sees the worshipper. The interaction between human and deity, between human and guru, is called a ''Darshan (Indian re ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Dhanteras
Dhanatrayodashi (), also known as Dhanteras (), is the first day that marks the festival of Diwali or Tihar in most of India and Nepal It is celebrated on the thirteenth lunar day (Trayodashi) of Krishna Paksha (dark fortnight) in the Hindu calendar month of Ashwin (according to the amānta tradition) or Kartika (according to the Bikram Sambat tradition). Dhanvantari, who is also worshipped on the occasion of Dhanteras, is considered the god of Ayurveda who imparted the wisdom of Ayurveda for the betterment of mankind and to help rid it of the suffering of disease. The Indian ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy announced its decision to observe Dhanteras as the "National Ayurveda Day", which was first observed on 28 October 2016. Celebrations Dhanteras is the worship of Dhanvantari. Dhanvantari, according to Hindu traditions, emerged during Samudra Manthana, holding a pot full of '' amrita'' (a nectar bestowing immortality) in on ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Lakshmi Puja
Lakshmi Puja or Lokkhi Pujo ( Devnagari: लक्ष्मी पूजा, Bengali/Assamese: লক্ষ্মী পূজা, Odia: ଲକ୍ଷ୍ମୀ ପୂଜା, Romanised: Lakṣmī Pūjā/ Loķhī Pūjō) is a Hindu occasion for the veneration of Lakshmi, the Goddess of Prosperity and the Supreme Goddess of Vaishnavism. The occasion is celebrated on the amavasya (new moon day) in the Vikram Samvat Hindu calendar month of Ashwayuja (according to the amanta tradition) or Kartika (according to the purnimanta tradition), on the third day of Deepavali ( Tihar) in Nepal and most parts of India. In Odisha, Assam, Bengal this puja is celebrated five days after Vijaya Dashami. Lakshmi, the Goddess of Wealth and Prosperity, visits her devotees and bestows good fortune and her blessings upon them. To welcome the Goddess, devotees clean their houses, decorate them with finery and lights, and prepare sweet treats and delicacies as offerings. Devotees believe that the hap ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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National Stock Exchange Of India
National Stock Exchange of India Limited, also known as the National Stock Exchange (NSE), is an Indian stock exchange based in Mumbai. It is the List of stock exchanges, 5th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024. NSE is under the ownership of various financial institutions such as banks and insurance companies. As of 2024, it is the world's largest derivatives exchange by number of contracts traded and the third largest in cash equities by number of trades for the calendar year 2023. History National Stock Exchange was incorporated in 1992 to bring about transparency in the Indian equity markets. NSE was set up at the behest of the Government of India, based on the recommendations laid out by the Manohar J. Pherwani, Pherwani committee in 1991 and the blueprint was prepared by a team of five members (Ravi Narain, Raghavan Puthran, K Kumar, Chitra Ramkrishna and Ashishkumar Chauhan) along with R H Patil and Sure ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |