Muhurat trading today: Check trading schedule, timings, and settlement rules
What's the story
The Indian stock market will host a special one-hour Diwali Muhurat trading session today. The event marks the start of Samvat 2083, the new Hindu financial year. The session is scheduled to take place from 2:20pm to 3:30pm on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). This year's Muhurat trading falls on a Sunday due to Diwali's weekend occurrence.
Trading procedures
Key timings for today's session
The pre-open session for today's Muhurat trading will start at 2:05pm. Order entry for both limit and market orders will be allowed until 2:10pm.
Between 2:10pm and 2:15pm only limit orders can be placed. The order matching and confirmation period is from 2:15pm to 2:17pm followed by a buffer period until the market opens at around 2:20pm.
Continuous trading will continue till about 3:30pm with closing-auction processes starting toward the end of this period.
Commodity trading
MCX to hold special session from 2:05pm to 2:19pm
In the commodity segment, MCX will hold its special session from 2:05pm to 2:19pm.
The trading session will run from 2:20pm to 3:30pm with contracts of all commodities and indices available for trading.
This is a unique opportunity for investors to participate in the market during this auspicious time of year.
Stock trading
For stocks eligible for special pre-open session
The stock exchanges have also announced separate timings for stocks eligible for the special pre-open session, including IPO and re-listed stocks.
Order entry will begin at 2:05pm and continue until 2:50pm followed by an order matching period from 2:50pm to 3:05pm.
Continuous trading for these securities is scheduled between 3:05pm and 3:30pm.
This allows investors to trade in new listings during this auspicious period.
Auction details
For stocks under periodic call auction mechanism
For stocks covered under the periodic call auction mechanism, the order entry period will run from 2:25pm to 3:10pm.
The matching will take place between 3:10pm and 3:20pm with the closing auction schedule beginning at 3:15pm.
Reference price calculations and subsequent order entry/matching periods will extend until about 3:35pm.
This ensures a smooth transition into regular trading hours after today's special session ends.
Trade regulations
Settlement obligations for trades executed during Muhurat trading
All trades executed during today's Diwali Muhurat trading session will have settlement obligations as per norms.
The NSE has stated that T+1 deals can be canceled or modified until 5:00pm on the settlement day.
This provides flexibility to investors in managing their trades even after the special Muhurat trading session ends.