Muhurat trading: D-St to open for special session on Diwali; check timings
Indian stock exchanges are holding a special one-hour 'Muhurat' trading session on Diwali to mark the beginning of the new Hindu calendar year. This symbolic session is traditionally viewed by investors as an auspicious time for financial growth.
Why it matters
It provides insight into cultural influences on financial market operations in India.
Muhurat trading time on Diwali: Indian stock exchanges will open today for a special trading session. Both the exchanges NSE and BSE will hold a Muhurat trading session to mark Diwali. Muhurat trading will be held from 2:20 PM to 3:30 PM, according to circulars issued by the exchanges. A 15-minute pre-opening session will take place from 2:05 PM to 2:20 PM. Although the stock market will remain closed for regular trading on Diwali, investors will get an opportunity to trade during the window. Unlike regular trading days, when equity markets operate from 9:15 AM to 3:30 PM, Muhurat trading is conducted for a shorter duration. Trading will be available across various segments, including equity, commodity derivatives, currency derivatives, equity futures and options, and securities lending and borrowing (SLB), according to the exchange circulars.
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