ANNOUNCEMENTS

Iss Diwali, Kuch Naya. Start your investing journey with this 1-hour Diwali exclusive! Muhurat Trading is a special one-hour trading and investing session held every Diwali to mark the beginning of a New Samvat Year. Investors consider Muhurat Trading auspicious and believe it will bring wealth and prosperity throughout the coming year. This year, make your Muhurat Trading even better by using our TBT Engine - features powered by Tick-by-Tick data. Muhurat Trading is taking place on Friday, 1 November 2024 as per the following schedule: Keep the following in mind: - Keep your account funded in advance for a smooth trading and investing session - MTF (Margin Trading Facility) and Margin Pledge will be unavailable on 1 Nov - All intraday positions (including cover and bracket orders) will be squared off after 6:45 PM - Stocks bought on Thur, 31 Oct can’t be sold on Fri,1 Nov (during Muhurat Trading hours) - Trades executed on 31 Oct will be settled on 4 Nov - Standard Fund Withdrawal requests placed after 8 AM on 31 Oct will be processed on 4 Nov - Instant Fund Withdrawal facility will not be available on 1 Nov - Credit bill of all segments of 31 Oct will be unavailable for trading on 1 Nov - Call and Trade facility will be available between 5:45 PM to 7:00 PM - Refer to the NSE Circular to learn more. Here’s wishing you a truly bright and prosperous Diwali and a Happy New Year!   

On Saturday, 18 May 2024, NSE & BSE will host a special LIVE trading session in the Equity and Derivative (F&O) segments.

Why is this session happening?

This session is happening because SEBI wants to ensure that market intermediaries such as Exchanges, Clearing Houses, and Depository Organisations can smoothly switch to a backup plan - the Disaster Recovery (DR) site in case of an unexpected disaster. It aims to ensure that trading activities continue without interruptions and that all data remains secure.

 

*Pre-open for Session 1 - 9:00 AM to 9:08 AM

*Pre-open for Session 2 - 11:15 AM to 11:23 AM

Closing Session - 12:40 PM to 12:50 PM

Keep in mind:

• - Any open orders not executed by the end of the first session will be cancelled and won’t be carried forward to the next session

Circuit Limits

• - All Securities including F&O Stocks will have circuit limits set at 5%
• - Stocks currently having a 2% limit will maintain that limit
• - All Futures contracts will operate within a 5% range
• - Price bands of 5% will be applicable on all close-ended Mutual Funds

Trading Restrictions

• - Only Delivery trades will be allowed; no Intraday Trading
• - No new positions positions can be taken via Margin Trading Facility (MTF), you can only square-off existing trades
• - Margin pledge (pledging and unpledging) will be unavailable

Settlement of Funds and Trades Due to 18 May being a settlement holiday and 20 May being a trading holiday:

• - Credits from the F&O segment, intraday profits, and proceeds from sell transactions on 17 May will not be available for trading; they will be settled on 21 May 2024
• - Stocks bought on 17 May 2024 will not be available for selling on 18 May 2024, but will be visible in your holdings
• - SIP (Systematic Investment Plan) orders on Upstox scheduled for 18 May will be postponed and processed on the next trading day, 21 May
• - Standard Fund Withdrawal requests placed after 8 AM on 17 May will be processed on 21 May Charges
• - Brokerage charges will be applicable as usual during this special session.

For more information, check out the circulars here (NSE , BSE)

As per the Exchange, during this switch, there could be a possibility of executed trades getting cancelled by the Exchange. Details of such cancelled trades will be notified to you by EOD.