You’ve been waiting all year for the right Muhurat to place your special trade!
For several communities in India, Diwali is the start of a new financial year. Traders and investors celebrate this fresh and auspicious start by trading in the evening hours.
Stock exchanges have historically announced special evening trading hours for the trading community to carry out their rituals. Brokers and traders alike perform a Lakshmi Puja at their workplace and at the exchanges and place trades during Muhurat trading hours. It is believed that Lakshmi (the goddess of wealth and prosperity) visits in the evening--that's why traders and store owners keep their businesses open even during Diwali festivities.
The Upstox Team would like to wish you and your family a fun-filled festive season. We wish you a positive Muhurat leading to a profitable trading year ahead. Here’s a schedule to help you plan your Diwali festivities!
Muhurat Trading schedule for October 19, 2017 (Thursday)
For Equity segment:
6: 15 to 6: 23 p.m.: Pre-open (random closure in last one minute)
6: 30 to 7: 30 p.m.: Normal Market
7: 40 to 7: 50 p.m.: Closing Session
For Currency and Futures & Options segments:
6:30 p.m.: Normal Market Open
7:30 p.m.: Normal Market Close
*Please note that intraday trades (MIS/BO/CO) would be squared-off 15 minutes prior to market closing i.e. 7:15 p.m. for all segments.