Muhurat trading marks the beginning of Samvat 2076; In Samvat 2075, the Sensex clocked a return of 11.62%Muhurat trading 2019:Domestic stock markets will open for a special one-hour session on account of Diwali.
Every year, the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) conduct a special session on Diwali.
The trading window - on Sunday, October 27 this year - is to mark the beginning of year Samvat 2076, which will end on the eve of Diwali 2020.
"Muhurat" means auspicious in Hindi, and many traders believe gains made during this session bring prosperity and wealth in the year ahead.
The special trading session provides a window for investors to trade in the equities and derivatives markets briefly on the very day of Diwali.The S-P BSE Sensex index added 4,066.15 points in Samvat 2075, marking a return of 11.62 per cent, while the broader NSE Nifty benchmark rose 1,053.9 points - or 10.01 per cent.Diwali Muhurat Trading Session on Sunday, October 27, 2019Start TimeEnd TimeBlock deal session17:45 hrs18:00 hrsPre Open*18:00 hrs18:08 hrsNormal Market18:15 hrs19:15 hrsCall Auction Illiquid session *18:20 hrs19:05 hrsClosing Session19:25 hrs19:35 hrsTrade Modification cut-off time18:15 hrs19:45 hrs* Random closure in last one minute"All trades executed in this Diwali Muhurat trading session shall result in settlement obligations.
"Source: National Stock Exchange (NSE) circular dated October 23Muhurat trading pre-open market timingsThe pre-opening session will be conducted from 6:00 pm to 6:08 pm on both stocks exchanges.
On regular trading days, the pre-opening session opens for fifteen minutes starting 9:00 am.Muhurat trading regular timingsThe Muhurat trading window will be available from 6:15 pm to 7:15 pm.
This window will be applicable to the equity, equity derivatives, currency derivatives and commodity derivatives segments.Market holidayThe financial markets will remain closed on Monday, October 28 for Diwali Balipratipada.
After the Muhurat trading session on Sunday, trading will resume next on Tuesday, October 29.In the last Muhurat trading session, conducted on November 7, 2018, the S-P BSE Sensex index climbed 0.7 per cent to end at 35,237.68 and the broader NSE Nifty benchmark rose 0.65 per cent to shut shop at 10,598.4.
Infosys was the top boost to the Nifty with a gain of 1.4 per cent.Get Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com.
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