Muhurat Trading means an exceptionally promising second for the entirety of the stockbroking and dealers network in India. For the merchants in India, the new monetary year starts with Diwali. For brokers, Diwali connotes the start of the new year. "A coin" – which connotes abundance in Indian Mythology, is set on the account books before the puja is finished. Stock merchants and dealers perform 'Lakshmi Puja' at the trade and the standard Muhurat exchanging happens on determined time as proclaimed by Exchanges. It is accepted that the evening of Lakshmi Puja, the Goddess dwells at the spot of the puja being finished.
Muhurat Trading Session: BSE & NSE Date and Timings
The trading period will be for 60 minutes duration.
- Pre-opening session – 18:00 to 18:08
- Block Deal – 17:45 to 18:00
- Trading hour – 18:15 to 19:15
- Call Auction – 18:20 to 19:05
- Post Closing – 19:25 to 19:35
The Traders can't sell their stocks purchased during Muhurat exchanging on 16 November 2020 (the following exchanging meeting). As the stock market will stay shut on 15 November 2020 (Sunday) and the settlement of exchanges executed on 14 November 2020 (between 18:15 to 19:15) occurs alongside exchanges done on 16 November 2020.
Source: Above Stocks
