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NSE and BSE to hold special Diwali Muhurat trading session on November 8

Reported by Vivek Joshi (Copy Editor) · Livemint - Markets ·

Source: Livemint
Important
NSE and BSE to hold special Diwali Muhurat trading session on November 8Photo: Wikimedia Commons

Indian stock exchanges will stay open for a special Diwali Muhurat trading session on Sunday, November 8, despite the national holiday. The main live trading session will run from 2:20 pm to 3:15 pm.

Session Timings

A block deal session is scheduled from 1:50 pm to 2:05 pm. Pre-open order entry begins at 2:05 pm and ends at 2:10 pm, followed by a limit orders session until 2:15 pm. Order matching and trade confirmation will take place from 2:15 pm to 2:17 pm, with a buffer period lasting until 2:20 pm. Following the live session, the closing auction session will run until 3:30 pm, and post-market closing will conclude at 4:00 pm. Commodity derivatives and MCX trading will operate from 2:20 pm to 3:30 pm.

Context

Muhurat trading is an auspicious symbolic trading session held by Indian stock exchanges for a brief period every year on Diwali. Investors view trades during this time as a way to bring prosperity and good luck for the new Hindu accounting year, known as Samvat.

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