Mumbai, Oct 21 – For the first time in decades, India’s biggest stock exchanges are pushing a decades‑old festive Instagram‑post outside the usual evening hours.
Both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will open their Diwali Muhurat Trading in the afternoon, running from 1:45 p.m. to 2:45 p.m. today. The move aligns with the start of the new Hindu financial year, Samvat 2082, and marks a shift from the long‑held evening slot.
The session will start with a pre‑open at 1:30 p.m. on both exchanges, followed by the one‑hour Muhurat trading where investors believe market luck can translate into a prosperous year ahead. All trades will settle under normal rules – delivery and payment will be handled like a regular trading day.
Commodity traders will also join the fun. The Multi‑Commodity Exchange (MCX) and the National Commodity & Derivatives Exchange (NCDEX) will run their own midday Muhurat trading. MCX’s pre‑open runs from 1:30 p.m. to 1:44 p.m., with trading from 1:45 p.m. to 2:45 p.m. NCDEX follows a similar timetable with a pre‑trade session until 1:45 p.m. and trading from 1:45 p.m. to 2:45 p.m. Client‑code changes can still be made until 3:00 p.m.
After the special session, the markets settle into normal hours. MCX will close for the morning on Oct 22, only to reopen in the evening from 5:00 p.m. to 9:00 p.m.; NCDEX will observe a full holiday. Both exchanges resume standard trading on Oct 23.
The Diwali Muhurat tradition started when the BSE began the practice in 1957, and the NSE followed in 1992. Historically, traders would perform ritual “Chopda Pujan,” a worship of account books, hoping for wealth and success in the new year. Market analysts see this year’s afternoon session as especially positive, with indices likely to stay green amid festive spirit and robust investor sentiment.
Source: ianslive
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