A Muhurat trading session is conducted by exchanges every year on account of Diwali - Lakshmi Puja.
Before the advent of electronic trading in the stock markets, trading would only take place in the designated trading halls of stock exchanges. These trading halls were only open to stockbrokers and their registered assistants. An investor would place orders with the stockbroker or the broker’s assistants who would then go to the trading hall to execute the transaction.
On the Muhurat trading day, however, the restrictions on entering the trading hall would be eased up. A stockbroker’s clients, friends, and family would be able to witness the open-outcry trading first-hand in the trading halls.
Buying stocks in the Muhurat session to mark activity is considered auspicious. The activity is said to welcome luck for the next year. Check this post on Tradingqna from 2018 to know more about the significance of Muhurat trading.
The Muhurat trading session will be conducted on Thursday, November 4, 2021.
In line with our tradition over the last 11 years, brokerage charges for all trades during the Muhurat trading session will be reversed. Zero brokerage on all Intraday, F&O, and commodity trades.
All intraday positions will be squared off 10 minutes prior to market closing. After Market Orders (AMO) will be collected until 5.57 PM for Equities and 6.10 PM for F&O on November 4th to be placed in the Muhurat trading session.
Check out the circulars from NSE, BSE and MCX for more information.
On 4th November, makrets will be closed during regular timings. There will be special treading session held in the evening on account of Laxmi Puja, timings as explained above.
5th November is trading holiday. 8th November, trading times will be as usual.
