Muhurat Trading in India
I feel like most of you guys might not know what Muhurat Trading means and what is the significance of doing it so let me explain this a little. Muhurat Trading is a special trading time when the Stock Market opens up for one hour on Diwali from 6:15 PM to 7:15 PM and in this one-hour period, it is deemed to be quite auspicious for everyone. Yes I know this sounds superstitious but this time I also indulged myself in this Muhurat Trading and bought some things for Long Term. Even though Muhurat Trading is basically for Stocks I believe that since we have different Asset Classes we should Invest some Money into each Asset Class. So I invested in three Asset Classes in my Muhurat Trading Period.
The first Asset that I invested in was Stocks and I bought stocks worth 20000 INR which is roughly about 260 USD and I invested only in those stocks that I have always wanted to buy but never got the opportunity as they were never going down. I bought stocks like Reliance, Titan, and Amrutanjan as I am quite bullish on these. I divided mu 20000 INR equally among all three stocks and I have decided to add in a Monthly SIP for all three stocks. This way I will be able to add a decent number of these Muhurat Trading Stocks to my Portfolio.
The second Asset that I invested in was Gold and I went ahead and bought a Gold Coin worth roughly 10000 INR. I know I could have gotten some digital gold as that would have been easier for me but I really wanted to hold some gold today. Plus I started collecting Gold Coins from this time last year and even though I paused for a couple of months I had to buy Gold today even if it was to reminiscence my Investing Journey into Gold.
The last Asset that I invested was Cryptocurrency and I bought some Crypto worth 20000 INR and I invested all of them into Cardano and there is a reason for that. I have been bullish on Cardano for a long time and I had a huge stake in Cardano but I sold it when I made massive profits and ever since then I have been looking for an opportunity to get back in and this seems to be the right time. So I jumped in and bought some Cardano for myself.
These are the things I bought in Muhurat Trading.
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Interesting to find our Muhurat
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Even though I am from India this was the first time I ever participated in Muhurat Trading and I am hoping to make an update on how my investments do after 6 months.
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