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Emerging Growth Stocks in India Powerful Stock Market Strategies ✌️【Capital Growth】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. More than a billion Hindus, Sikhs, Jains and Buddhists around the world are celebratingDiwali, the festival of lights.

Diwali, also called Deepavali, is one of thebiggest festivals in India. It’s also widely celebrated in Nepal, Malaysia, Fiji and other countries with large South Asian diasporas. Homes, businesses and public spaces are lit up with diyas, or oil lamps made from clay, and fireworks displays abound. People gather with their families, eat sweets and exchange gifts.

Despite its deep religious significance, Diwali today is also acultural festival observed by people regardless of faith.

It marks the triumph of light over darkness, of good over evil. Though Diwali traditions vary according to region and religion, the myths and historical stories behind the holiday share themes of justice and liberation.

Diwali is celebrated every year in autumn, usually falling between October and November. The festival lasts five days, with the main celebration occurring on the third day. This year, Diwali will be observed on October 31.

•Dhanteras: People typically mark the first day of Diwali by purchasing gold and silver jewelry, utensils and other new household items for good luck. Many clean their homes to invite the blessings of Lakshmi, the goddess of wealth and prosperity. Others also honorDhanvantari, the god of Ayurveda, and Yamaraj, the god of death, on this day.

•Choti Diwali, orNaraka Chaturdashi: The second day of Diwali marks Lord Krishna’sdefeat of the demon king Narakasura. People wake up early to bathe and wash their hair. They also clean their homes, decorate them with rangolis and diyas and prepare sweets.

•Diwali,orLakshmi Puja: The third day of the festival is what people typically think of asDiwali. Families gather to exchange gifts, feast on scrumptious dishes and indulge in sweets. Many Hindus worship the goddess Lakshmi on this day.

•Padwa, orGovardhan Puja: The fourth day of Diwali honors the relationship between husband and wife, and husbands will typically buy a gift for their spouses. In some traditions, it commemorates the day Lord Krishna liftedGovardhan Hillto protect villagers of Vrindavan from rains brought on by Lord Indra’s anger. Some devotees offer a mountain of food to Krishna in remembrance, while others make clay and cow dung figures recreating the event.

•Bhai Dooj: The final day of Diwali celebratesthe love between siblings, in honor of the bond between Lord Yama and his sister Yami (or Yamuna). Sisters will sometimes place a tilak, or red mark, on their brothers’ foreheads, while brothers will give gifts to their sisters.

Diwali is largely observed by Hindus, Sikhs, Jains and Buddhists, but much like Christmas, the holiday transcends religion and is now celebrated by many people outside those traditions.

One of the legends at the heart of Diwali comes from the Hindu epic, the Ramayana. During the exile of Prince Rama (an incarnation of the god Vishnu) and his wife Sita (an incarnation of the goddess Lakshmi), Sita is kidnapped by the demon king Ravana. Rama ultimately defeats Ravana to rescue his wife. For some Hindus, Diwali marks Rama and Sita’s triumphantreturn to their kingdom after 14 years of exile.

Emerging Growth Stocks in India Powerful Stock Market Strategies ✌️【Capital Growth】✌️ Provides real-time stock index quotes, futures data, and global market trend analysis to help you seize the best investment timing. Some Hindus in southern India celebrate Lord Krishna’s defeat of Narakasura, which led to the rescue of16,000 girlsin the demon’s captivity. In western India, Diwalicommemorates the daythat Lord Vishnu banishes the demon king Bali to rule the netherworld.

Emerging Growth Stocks in India Powerful Stock Market Strategies ✌️【Capital Growth】✌️ Real-time updates of global stock indices and futures trends to help you plan precise investments. Sikhs commemorate the occasion as “Bandi Chhor Divas” (The Day of Liberation). It marks the day that Guru Hargobind, their sixth guru, and 52 Hindu kings werefreed from wrongful imprisonment. The Mughal Emperor Jahangir initially only agreed to release Guru Hargobind, but the guru refused to go without the royals. After Jahangir declared that those who could hold onto the guru’s cloak could leave, Guru Hargobind tied 52 tassels to his cloak so that each ruler could walk to freedom.

For Jains, Diwali signifies the dayLord Mahavira, their last spiritual leader, attained physical death and achieved enlightenment. Some Buddhists acknowledge Diwali as the day theEmperor Ashokaembraced Buddhism.

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In some parts of India, people play gambling card games such as teen patti, blackjack and poker. Gambling during the holiday is considered auspicious, stemming from a legend in which thegod Shiva and his consort Parvati play a dice game.

Diwali also marks the start of the new Hindu financial year, and many businesses, traders and shopkeepers open new accounts books during the holiday.

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