Diwali Muhurat Trading Time: Diwali is one of the most important festivals in India. The festival symbolises the victory of good over bad or light over darkness. It is not only known for its grandeur and splendour but is also an important occasion for traders and investors. This is why stock exchanges – 30-share BSE Sensex and broader 50-share NSE Nifty50 – conduct a one-hour trading session, known as Muhurat Trading, on this occasion.
India is the only country in the world where such a special trading session is conducted. This also marks the beginning of the traditional Hindu calendar year – Vikram Samvat.
Muhurat Trading 2022 Date and Time
According to the calendar of ‘Trading Holidays for 2022 – Equity Segment, Equity Derivative Segment and SLB Segment’ on BSE and National Stock Exchange (NSE) of India Limited’s Circular, Muhurat Trading 2022 will take place on October 24, 2022.
Diwali Muhurat Trading Session Timings
Nomral Market Open – 6:15 pm
Normal Market Close – 7:15 pm
Set up cut-off time for Position Limit/ Collateral value – 7:25 pm
Trade modification end time – 7:25 pm
According to the NSE, all trades executed in this Diwali Muhurat trading session shall result in settlement obligations.
The exchanges will remain closed on October 24 on the occasion of Diwali Balipratipada.
Things to keep in mind during Muhurat trading?
While this is considered to be the best time for trading, it is important to note that one must not get carried away and buy stock mindlessly. It is always advisable to do proper research before buying stock during Muhurat Trading. The opportunity comes once a year and people should use this opportunity wisely.
Source by www.zeebiz.com