NSE, BSE and MCX to hold special Muhurat trading session on Sunday
The special one-hour trading session marks the beginning of Samvat 2083 on the occasion of Diwali.
The National Stock Exchange (NSE), Bombay Stock Exchange (BSE) and Multi Commodity Exchange (MCX) will conduct special Muhurat trading sessions on Sunday, November 8, to mark Diwali and the start of Samvat 2083, according to reports by Moneycontrol and Mint.
The main equity trading session for the NSE and BSE is scheduled to run from 2:20 pm to 3:30 pm. This 70-minute window allows investors to trade through their regular demat accounts to mark the new Hindu calendar year.
For the NSE and BSE, the pre-opening session begins at 2:05 pm, with a block deal window operating between 1:50 pm and 2:05 pm. The exchanges have also established specific schedules for IPOs, relisted securities, and illiquid stocks.
The MCX will also hold a special session, with the main trading period running from 2:20 pm to 3:30 pm. According to an exchange circular, contracts for all indices and commodities will be available for trading during this time.
The regular market holiday has been declared for Tuesday, November 10. Regarding settlement, the NSE Clearing circular states that equity trades executed on November 8 will be settled on Monday, November 9, under the T+1 cycle.