Update on Muhurat Trading
Muhurat Trading is a special 1-hour trading session held every year only on Diwali to mark the beginning of a New Samvat Year. Investors consider Muhurat Trading as auspicious and believe it will bring wealth and prosperity throughout the coming year
This year Muhurat Trading will take place on Monday, 24th October 2022 and the timings will be:
SESSIONS | EQUITY/CASH | F&O | CURRENCY | COMMODITY |
Pre-open (comprises of order collection period and order matching period) |
6:00 PM - 6.08 PM |
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Normal market (1-hour Muhurat Trading session) |
6.15 PM - 7.15 PM | |||
Post-trading Session | 7:25 PM - 7.35 PM |
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On account of the Diwali holiday on 24th October and 26th October, keep the following impact in mind -
ON SQUARE-OFF TIMINGS
All intraday positions (including cover and bracket orders) will be squared off 15 minutes before markets close at 7:00 PM
ON SETTLEMENT
- If you buy stocks on Friday, 21st October you can’t sell them on Monday, 24th October 2022 during Muhurat trading hours. The settlement for these will happen on Thursday, 27th October 2022.
- Credits from F&O trades such as premium from options sold, marked-to-market profit, intraday profits, etc from 21st October, intraday equity profits and other unsettled credits of equity trades from 20th and 21st October will not be available for trading or withdrawal purposes during the Muhurat trading session. You may check these in your Upstox ledger
ON FUND TRANSFERS
- For smooth and seamless trading on Muhurat Trading day, kindly add funds before 24th October 2022
- Our call & trade facility will be available at 022-61309998 / 022-71309998 from 6:00 PM to 7:15 PM
- Fund withdrawals will not be processed on 24th and 26th October as they’re holidays
- If you wish to receive funds on or before 21st October, place a withdrawal request by 8:00 AM on 21st October 2022.
- You can place Instant Withdrawal requests between 11 AM to 4 PM on 21st and 25th October 2022, keeping in mind the guidelines mentioned here- What is instant withdrawal - Upstox Help Center
To know more read the Exchange circulars here:
Equity, F&O, Currency, Commodity