While most people celebrate just one day of Diwali. The festival is typically observed for a period of five days in this order:
Dhanteras - Most people consider this an auspicious day to buy gold, silver, clothes, gadgets etc. Gold sales reach record highs on this day of the year.
Naraka Chaturdasi – Also called Choti (small) Diwali, this is the day Lord Krishna emerged victorious over a demon called Narakasura.
Diwali- It is the most festive day of the five days and is celebrated on a moonless night. People decorate their houses with lights and perform the puja of Goddess Lakshmi-the Goddess of wealth on this day. It is believed that the lights help guide the goddess into homes.
Govardhan Puja or Padva – According to ancient texts it is the day Lord Krishna lifted the Govardhan hill. People make a small representation of the hill and worship it on this day.
Bhai Dooj – On the final day of the festivities sisters pray for their brother’s long and prosperous life and treat them to a lavish meal.