Muhurat Trading 2022: Stock Markets To Open For 1 Hour On Diwali. Know Date, Timings, Significance, Other Details
The customary one-hour session of Muhurat Trading is considered auspicious as it marks the start of Samvat which means the accounting year in the Hindu religion
The symbolic trading session on the auspicious occasion of Diwali by domestic stock exchanges BSE and the NSE will be conducted between 6:15 pm and 7:15 pm on October 24. The stock markets will open for an hour for the customary one-hour special ‘Muhurat’ trading.
Significance of Muhurat Trading
The customary one-hour session of Muhurat Trading is considered auspicious as it marks the start of Samvat which means the accounting year in the Hindu religion. Also, note that the stock market remains closed for rest of the day and opens only during this occasion for an hour. Through the session, the trading community prays to Goddess Laxmi, who is known as the goddess of wealth and prosperity.
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The Muhurat trading commemorates the beginning of the new Samvat 2079. It is the time when the traditional business community opens their books of account.
Check the timings of Muhurat Trading 2022
Pre-open session will begin at 6:00 PM and it will end at 6:08 PM, as per the notice on the stock exchanges. Matching timings on muhurat trading session will be from 6:08 PM to 6:15 PM. However, trade modification in call auction will end at 7:45 PM. Also, note that all trades executed at the stock markets during muhurat trading session shall result in a settlement obligation.
Muhurat trading Diwali 2022 session in commodity derivative segment will also begin at 6:15 PM and end at 7:15 PM. However, trade modification will be available till 7:25 PM.
In the currency derivative segment too, muhurat trading 2022 timing will be from 6:15 PM to 7:15 PM and trade modification in currency derivatives and IRD will be possible till 7:25 PM. Trade modification in cross currency derivatives will also remain available till 7:25 PM. Trade annulment requests can be placed till 7:30 PM.
In Securities Lending & Borrowing Segment (SLB) Segment, muhurat trading on Diwali 2022 timing will be 6:15 PM to 7:15 PM.
In order to seek help with trading, members can contact BSE Helpdesk on 022-45720400/600 or via e-mail on bsehelp@bseindia.com.
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