NSE announces timings for Muhurat Trading session 2023; full list here
.webp)
The NSE Thursday announced the timings for the Muhurat Trading session 2023. Muhurat Trading session is considered auspicious by many investors as they believe it will bring them good luck and wealth. According to the NSE, the Muhurat Trading session will take place on November 12, Sunday.
Muhurat Trading session 2023: What are the timings?
NSE has announced that the stock market will open from 6 pm to 7:15 pm for Muhurat Trading on November 12 on the occasion of Diwali. This includes an 8-minute window for the pre-open session between 6 PM and 6:08 PM. Moreover, the block deal window will open at 5:45 PM.
The normal market session will take place between 6:15 PM and 7:15 PM. The trade modification will be allowed till 7:25 PM. Lastly, the closing session will be held between 7:25 PM to 7:35 PM.
The block deal session will be held between 5:45 PM to 6 PM on November 12. The call auction illiquid session, on the other hand, will take place between 6:20 PM and 7:05 PM.
What is Muhurat Trading?
Muhurat Trading is a session that is conducted on the occasion of Diwali. The stock market remains closed throughout the festival and only opens for a special one hour for Muhurat Trading. The investors widely believe that trading during this one hour is auspicious and will bring them luck in the new Samvat.
Since 2018, the market has been closing in the green in the Muhurat Trading session. In 2022, Sensex gained 0.88 per cent during the session. In 2021, it closed 0.49 per cent in the green. In 2020 and 2019, BSE's benchmark index gained 0.45 per cent and 0.49 per cent during the session, respectively.
When was Muhurat Trading started?
According to several reports, the practice was originally started by King Vikramaditya in ancient India. However, the official recognition of this practice was given when BSE first adopted it in 1957.
NSE adopted this practice in 1992. Today, most brokers allow investors to participate in the Muhurat Trading session.
Other Latest News
.webp)
After Haryana, the BJP would also sweep the upcoming assembly elections in Maharashtra and Jharkhand, BJP president J P Nadda asserted on Friday.
Nadda, who paid obeisance at the Shri Naina Devi temple here, said the people were happy with the performance of the BJP government at the Centre led by Prime Minister Narendra Modi.
.webp)
Noel Tata, half-brother of the late Ratan Tata, has been unanimously elected as the chairman of Tata Trusts following the passing of the legendary industrialist Ratan Tata, CNBC-TV18 reported on Friday. Noel Tata is already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust. He will now lead the trusts that hold a controlling stake in Tata Sons, the primary holding company of the Tata Group.
The move has long been anticipated, given Noel Tata’s close involvement with Tata Trusts and his extensive experience within the conglomerate.
.webp)
After the Haryana poll debacle, Congress MP and LoP Rahul Gandhi attended the review meeting called by party president Mallikarjun Kharge at his residence in Delhi. Among those present were the party's Haryana observers Ashok Gehlot, Ajay Maken, Deepak Babaria and KC Venugopal.
Sources said that the Congress MP remained largely quite, but when his turn came, he observed two things; one being that Electronic Voting Machines (EVM) and the Election Commission of India (EC) "have much to answer" and another was that "the local leaders were more interested in their own progress than that of the party", leaving a loud silence in the room.
.webp)
Former US President Donald Trump, who is campaigning for another term in the White House, promised to introduce a system of "reciprocal tariffs" if re-elected. In an economic policy speech in Detroit on Thursday, the Republican candidate singled out India, claiming it imposes some of the highest tariffs on foreign goods among major global economies.
This is not the first time Trump has criticised India for its tariffs. Just last month, he called the nation a "big abuser" of US trade relations.
.webp)
Tamil Nadu Chief Minister M K Stalin has announced a bonus and ex-gratia for 2.75 lakh employees of state public sector undertakings and statutory boards for the 2023-24 fiscal.
Accordingly, all eligible workers of profit making PSUs under group C and D will be paid a minimum bonus of Rs 8,400 and a maximum of Rs 16,800, amounting to 8.33 per cent bonus and an ex-gratia of 11.67 per cent, an official release here said.
.webp)
.webp)
.webp)
.webp)
.webp)
