NSE, BSE to conduct Diwali Muhurat trading on Nov 8
The special trading session will run from 2:20 pm to 3:30 pm
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will host a special Muhurat trading session on Sunday, November 8, to celebrate Diwali, according to recent announcements. The event, which symbolizes the beginning of the Hindu calendar year, is believed to bring prosperity and financial growth for market participants.
The session will commence at 2:20 pm with a 15-minute pre-opening period from 2:05 pm to 2:20 pm. A 30-minute continuous trading session will follow, concluding at 3:50 pm with a 10-minute post-closing period. Although the regular stock market hours remain unchanged, investors will be able to participate in trading during this limited window.
Market analysts caution that the shorter duration may lead to increased volatility, emphasizing the session's traditional significance over immediate profitability. Trading will be open across various segments, including equity, commodity and currency derivatives, equity futures and options, and securities lending and borrowing.
The exchanges have provided a detailed schedule, covering pre-opening activities, block deals, continuous trading, closing auctions, and post-closing operations.
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