BSE and NSE to conduct one-hour Diwali 'Muhurat Trading' on November 1

Delhi Delhi. Major stock exchanges BSE and NSE will hold a special one-hour 'Muhurat trading' session on November 1 on the occasion of Diwali, which marks the beginning of the new Samvat 2081. The token trading session will be held at 6 pm, the stock exchanges said in separate circulars. The session also marks the beginning of a new samvat – the Hindu calendar year that begins with Diwali – and it is believed that trading during the 'muhurta' or auspicious hour will help stakeholders. For there is prosperity and financial growth.

The market will be closed for regular trading on Diwali, but a special trading window will be open for one hour in the evening. The exchanges announced that the pre-opening session will be from 5:45 pm to 6:00 pm. Market analysts said Diwali is considered the ideal time to launch anything new. Investors benefit from trading during this session throughout the year. Since the trading window is open only for one hour, the markets are considered volatile. He said that there may not be as much focus on profits as indicated. Trading in different segments like Equity, Commodity Derivatives, Currency Derivatives, Equity Futures & Options and Securities Lending and Borrowing (SLB) at the same time Will happen.

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