Akshaya Tritiya is also known as Akha Teej. It is a highly auspicious and holy day for Hindus as well as Jain communities. It falls during the Shukla Paksha on Tritiya, the third day, in the month of Vaishakha (Baisakhi). Akshaya Tritiya falls on a Rohini Nakshatra day.
The words Akshaya means never diminishing. Hence the benefits of doing any Japa, Yajna, Pitra-Tarpan, Dan-Puniya on this day never diminish and remains with the person forever.
This Festival is believed to bring good luck and success. Most of the people purchase gold on this day as it believed that buying gold on this day bring prosperity and more wealth in the coming future. On the day of Akshaya, it is believed that Gold bought on this day will never diminish and would continue to grow in terms of value.
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Akshaya Tritiya Day is ruled by the Lord Vishnu, who is preserver God in the Hindus. According to Hindu mythology, Treta Yuga (त्रेतायुग) began on Akshaya Tritiya day. Usually, Akshyaya Tritiya and Parashurama Jayanti, the birthday anniversary of the 6th incarnation (avatar) of Lord Vishnu, falls on the same day, but also depending on the starting time of Tritiya TithiParashurama Jayanti might fall on or a day before Akshaya Tritiya day.
On this Hindu festival, people believe that Akshaya Tritiya is an opportune day to accumulate or begin buying different assets for prosperity, sees many potential investors flocking to buy gold or gold related asset every year.
Akshaya Tritiya Puja Muhurat Timings= 05:38 to 12:00
Duration = 6 Hours 22 Mins
Auspicious time to buy Gold
Tritiya Tithi Begins = 04:15 on 18/Apr/2018
Tritiya Tithi Ends = 01:59 on 19/Apr/2018