Major stock exchanges National Stock Exchange (NSE) and BSE will hold a special Muhurta trading session on Sunday, November 8 on the occasion of Diwali. Both exchanges gave this information on Monday. According to separate circulars issued by both the exchanges, the special trading session will run from 2:20 pm to 3:30 pm. Before this, a 15-minute pre-opening session will be held from 2:05 pm to 2:20 pm. Muhurta trading is the iconic market session held on the occasion of Diwali. Diwali also marks the beginning of the new year of the Hindu calendar. It is believed that doing business in ‘muhurta’ i.e. auspicious time brings prosperity and financial growth to the parties concerned. The stock market will be closed for regular trading on Diwali, but investors will have an opportunity to buy and sell shares during this special period.

We can see the ups and downs

On normal trading days, stock markets run from 9:15 am to 3:30 pm, while muhurta trading is done for shorter periods. Market analysts have warned that limited trading hours may increase market volatility. He says that the importance of this session lies more in its traditional and symbolic significance than in making immediate profits. As per exchange circulars, trading can be done in various segments including Equity, Commodity Derivatives, Currency Derivatives, Equity Futures & Options and SLB during this period. The exchange has also released a detailed schedule for the special session.

What kind of time will it be?

According to the circulars, business members will be allowed to log-in between 1:15 pm to 1:50 pm. After this, 1:50 pm to 2:05 pm is scheduled for bulk deals. The pre-opening session will run from 2:05 pm to 2:20 pm, while regular trading will take place from 2:20 pm to 3:30 pm. The periodic call auction session is scheduled from 2:25 pm to 3:20 pm. The closing auction activities will run from 3:15 pm to 3:35 pm, while the closing session for non-CAS securities will take place from 3:30 pm to 3:50 pm. The closed buffer period for CAS securities is scheduled from 3:35 PM to 3:50 PM. After this, the after-hours session will run from 3:50 pm to 4 pm.