The Muhurat trading session on the occasion of Diwali will be held on Sunday, November 12, 2023, from 6:15 PM till 7:15 PM.
What is Muhurat trading?
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.
What are the market timings for the Muhurat trading session?
This year the Muhurat trading session will be conducted on Sunday, November 12, 2023.
In line with our tradition over the last 13 years, brokerage charges for all trades during the Muhurat trading session will be reversed. Zero brokerage on all Intraday, F&O, and commodity trades.
| Market Schedule | Start Time | End Time |
|---|---|---|
| Equity | ||
| Pre Open * | 6:00 PM | 6:08 PM |
| Normal Trading | 6:15 PM | 7:15 PM |
| Closing Session | 7:25 PM | 7:35 PM |
| Derivatives | ||
| Equity F&O, Currency, and MCX | 6:15 PM | 7:15 PM |
*Random closure in the last one minute
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 12, to be placed in the Muhurat trading session.
Check out this NSE circular for more details.