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Diwali Muhurat Trading Session & Timing 2022

21 Oct 2022 0 COMMENT

"Muhurat" refers to an auspicious period in the Hindu calendar. It is to start something new and positive. In the stock market, the practice of Muhurat Trading started when trading began for the first time at the Bombay Stock Exchange or BSE.

If you are a newbie to trading on the stock market, there can be no better time to take that first step. You can execute your first stock market trade during the Muhurat session. Invest in shares of fundamentally sound companies with the right advice. 

While normal trading does not occur on this festive day, the BSE and NSE are open for an hour on Diwali evening as a Muhurat Trading Session. Brokers usually perform the 'Chopda Puja (worship of the account book). 

The BSE & NSE Mahurat Trading Timings

This year, Muhurat Trading on BSE and NSE will be conducted on October 24th, 2022 (Monday). Here are the timings:

Pre-Open Session: 18:00 to 18:08

Mahurat Trading Session: 18:15 to 19:15

Block Deal: 17:45 to 18:00

Post-Closing: 19:25 to 19:35

Duration: 1 Hour             

How Does It Operate?

The NSE and the BSE permit trade for a short time during Diwali.

The following sessions typically make up the mahurat trading period:

Pre-Open Session:

Just like the regular trading session, there is a pre-opening session where orders are put through.

Muhurat Trading:

You can trade in shares during the hour of the Muhurat Trading period just like you would do during a typical trading day.  

Closing:

Investors may place an order at the final closing price during the closing phase of Muhurat Trading.

Muhurat Trading highlights

Most transactions you execute during the Muhurat trading session are cosmetic. Most institutional investors are offline, and the trading volume of shares is usually low.  

As a beginner, you should seek out companies with a good reputation and purchase stocks that have a long-term outlook. Since Muhurat Trading only offers a one-hour trading opportunity, prices can be volatile.

Final Word

In conclusion, Diwali is a time when you can benefit from several opportunities in addition to being a celebration of lights and sweets. One such chance is Muhurat Trading, a Diwali custom that is simply demanding to be taken advantage of. It's the ideal time of the year to start trading if you want to try it.

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Ms. Mamta Shetty, Contact number: 022-40701022, E-mail address: complianceofficer@icicisecurities.com. Investments in securities markets are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.