“A special live trading session shall be held on Wednesday, November 07, 2018 on account of Muhurat trading on Diwali,” National Stock Exchange said in a circular. “All trades executed in this Diwali Muhurat trading session shall result in settlement obligations,” NSE said in a statement.
To mark the auspicious occasion of investing during Diwali, India’s leading stock exchanges — NSE and BSE — have declared the trade timings for Diwali Muhurat trading 2018. Diwali Muhurat trading will be conducted on the festival day itself, 7 November 2018 — Diwali — in the evening. Diwali Muhurat trading will begin from 5:00 pm and will last till 6:40 pm, BSE and NSE said in separate notices.
According to NSE, BSE circulars with respect to Diwali Muhurat trading in equity segment, block deal session will be held from 5:00 pm to 5:15 pm and pre-open session will be conducted from 5:15 pm to 5:23 pm. Normal stock market will open at 5:30 pm and will close at 6:40 pm followed by a post closing cooling period of 10 minutes from 6:40 pm to 6:50 pm. In the pre-open session, the order entry period will be from 5:15 pm to 5:23 pm while order matching and determination of equilibrium prices will take place from 5:23 pm to 5:30 pm.
MCX Holidays : MCX Holidays List 2018 INDIA
Source: NSE
Diwali Muhurat trading for currency derivatives, trading on BSE and NSE will begin from 5:30 pm only and closing time for currency derivatives including USDINR, EURINR, GBPINR, JPYINR, T-Bills and Interest Rate Futures will be 6:15 pm while for cross-currency derivatives such as EURUSD, GBPUSD and USDJPY will be 6:30 pm.
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Diwali Muhurat trading with regard to equity derivatives segment (F&O) and commodity derivatives, trading on both BSE and NSE will be facilitated for an hour between 5:30 pm and 6:30 pm which will be followed by a set up cut off time for determining position limit / collateral value up until 6:45 pm.
