On Akshaya Tritiya day, the Sun and the Moon are most radiant and best placed, and hence every moment on this day is considered as auspicious. It falls on the third day (Tritiya) of the bright half moon of the Vaisakha month of Hindu Calendar which happens in April-May. This year (2009) this auspicious day comes on 27th of April, as per the Calendar (Mathrubhumi).
Akshaya Trithiya, or Akha Teej, is a highly auspicious day which falls on the third day after Amavasi (no moon) in the Hindu month of Vaishakha. As per Hindu astrology and almanac, each second on the Akshaya Trithiya day is auspicious. It is said that there is no need to look for a ‘muhurat’ on the day. The word Akshaya means ‘that which never diminishes’ and the day is ideal for beginning new ventures as it is believed that all investments on this day appreciates.
Akshaya means one that never diminishes, and the day is believed to bring good luck and success on whatever you initiate. Hence it has been in practice of buying valuables, especially long term assets like gold, silver etc on this day, hoping to bring good luck and prosperity.
Lord Vishnu and his incarnations are worshipped on the day. People also conduct Lakshmi puja on Akshaya Tritiya.
According to Puranas, this day marks the beginning of Treta Yug. It is also the Birthday of Sage Parasurama, the sixth incarnation of Lord Vishnu. Parshurama is considered to be the personification of valour and devotion.
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