Muhurat Trading 2024: NSE, BSE to conduct special session on November 1; check timings and other key details

As per the BSE circular, the timing of "First Block Window" will be held between 05:30 pm and 05.45 pm. The pre-open session on both exchanges will be between 5:45 pm and 6 pm. 

The normal market operations will run between 6 pm and 7 pm. 

What is Muhurat Trading Session?

Muhurat Trading is an auspicious one-hour special trading session that is conducted every year on Diwali. The session marks the beginning of a new Samvat—the Hindu calendar year. This time it will be the beginning of Samvat 2081. 

Diwali, or Deepawali, is one of the biggest festivals in India. It symbolises the victory of light over darkness, knowledge over ignorance, and good over evil.

It is believed that people trading during this one hour have a better chance of earning wealth and gaining prosperity throughout the year. Typically, this period is during the evening of Diwali, and most people prefer buying stocks as a token of Goddess Lakshmi.

Muhurat is a Hindi term that means an "auspicious period" for any good task or activity. 

Trading would take place across various segments like equity, commodity derivatives, currency derivatives, equity futures & options, and securities lending & borrowing (SLB) in the same time slot.

How market fared in last Muhurat Trading session

During the last Muhurat Trading session, the 30-share BSE Sensex rose by 354.77 points, or 0.55%, to close at 65,259.45, with 28 of its components settling in the green on the first trading session of Samvat 2080.

The broader Nifty50 of the National Stock Exchange advanced 100.20 points, or 0.52% to settle at 19,525.55 led by gains in IT, infrastructure, and energy shares.

As many as 43 Nifty50 stocks ended in green while seven in red.