About Muhurat Trading 2024
Muhurat Trading in the year 2024 will take place on Friday, 1 November 2024.
Muhurat Trading occurs when the exchanges open for one hour on the occasion of Diwali
Investors believe Muhurat Trading is a day that could bring them wealth and prosperity in the following year.
For a large part of the business community, the new financial year starts with the ‘Chopda Pujan’ where old accounting books are closed and new ones open, marking the start of the new business year. Muhurat Trading 2024 is the beginning of Samvat 2081.
Muhurat Trading Time
Diwali Muhurat Trading Schedule – 1st November, 2024.
| Market Schedule | Start Time | End Time |
| Equity | ||
| Pre Open* | 05:45 PM | 06:00 PM |
| Normal Market | 06:00 PM | 07:00 PM |
| Closing Session | 07:10 PM | 07:20 PM |
| Derivatives | ||
| F&O, Currency, MCX | 06:00 PM | 07:00 PM |
Things to know about Diwali Muhurat Trading:
- Keep your account funded in advance
- MTF (Margin Trading Facility) will be unavailable on 1 Nov
- Margin Pledge and Unpledge will be unavailable on 1 Nov
- All intraday positions (including cover and bracket orders) may 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)
- Settlement of trades on 31 Oct will take place on 4 Nov
- Fund withdrawals will not be processed 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 and 7:00 PM
To know more, click here: NSE/BSE circulars
Here’s wishing you a truly bright and prosperous Diwali and a Happy New Year!
Frequently Asked Questions
What is Muhurat Trading?
Muhurat Trading is a special one-hour trading session conducted on the occasion of Diwali.
What are the timings for Muhurat Trading?
The timings for Muhurat Trading are usually announced by the stock exchanges a few days before Diwali. Muhurat Trading 2024 is happening on Friday, 1 November from 6 PM to 7 PM. It marks the beginning of Samvat 2081.
Can anyone participate in Muhurat Trading?
Yes, anyone who has a Demat + Trading account with a registered stockbroker can participate in Muhurat Trading.
Is Muhurat Trading different from regular trading?
Yes, Muhurat Trading is a special one-hour window open for trading on Diwali, a national holiday.
Are the trading rules and regulations different for Muhurat Trading?
No, the trading rules and regulations for Muhurat Trading are the same as regular trading.
Is it necessary to participate in Muhurat Trading?
No, the trading rules and regulations for Muhurat Trading are the same as regular trading.
There are many beliefs linked to Muhurat trading. For a few, this is the time to bring home Goddess Lakshmi. Hence, they insist on purchasing stocks of fundamentally strong companies. Market participants believe that stocks bought in Muhurat Trading bring in good luck and usually keep them for the long term. Over the years, Muhurat Trading has become a manifestation of positivity, hope and festival mood.
What do’s and don’ts to remember before participating in Muhurat Trading?
Here are a few factors investors need to keep in mind before participating in Muhurat Trading:
Do’s
- Traders have to be extra careful on this day. The short period of one hour may not be adequate for day traders.
- Pick a company with strong fundamentals and healthy growth prospects to invest in and buy the shares on Muhurat Trading
Don’ts
- Deploy all your money on this day.
- Take emotional or impulsive decisions
Is it necessary to participate in Muhurat Trading?
No, it is not necessary to participate in Muhurat Trading. It is a choice by the investor.