Muhurat Trading 2024 On BSE, NSE: Know From Pre-Open To Closing Session On Nov 1; What Should Investors Do?

Muhurat Trading 2024: Indian stock market will carry special 1-hour muhurat trading on November 1, due to the auspicious occasion of Laxmi Pujan. Both BSE and NSE have notified the date and timing of this special live trading session, which will include pre-open, block deal sessions, normal sessions and closing sessions just like every other normal trading session. Here are the details of Muhurat Trading timing, and what should investors consider before trading.

In its notification, NSE said, "A special live trading session shall be held on Friday, November 01, 2024, on account of Muhurat trading on Diwali as per the following schedule:

Diwali Muhurat Trading Session on Friday, November 01, 2024:

Pre-Open: Start Time: 17:45 hrs, End Time: 18:00 hrs

Normal Market: Start Time: 18:00 hrs, End Time: 19:00 hrs.

Also, the random closure in the last minute of the order entry period (17:45 to 17:53 hours).

Other market session timing details are as follows:

Block deal session: Start Time: 17:30 hrs, End Time: 17:45 hrs.

Special Preopen Session (For IPO & Relisted security): Start Time: 17:45 hrs, End Time: 18:30 hrs.

Normal market open time for stocks in special pre-open session: Start Time: 18:45 hrs, End Time: 19:00 hrs.

Call Auction Illiquid session: Start Time: 18:05 hrs, End Time: 18:50 hrs.

Closing Session: Start Time: 19:10 hrs, End Time: 19:20 hrs.

Trade Modification cut-off time: Start Time: 18:00 hrs, End Time: 19:30 hrs.

"All trades executed in this Diwali Muhurat trading session shall result in settlement obligations," NSE notified lastly.

Investors can buy or sell in equity, equity derivatives, derivatives, currency, currency derivatives, commodities, SLB and much more in this special session.

Things to Consider for Muhurat Trading:

As per HDFC Bank's website, here are key things to consider for Muhurat Trading:

1. Market Volatility: An auspicious day does not warrant guaranteed positive market conditions. The market may show volatility on muhurat trading day too. This means that stock prices can fluctuate and there's always a chance that the market may not work in your favour.

2. Avoid Impulsive Decisions: While the atmosphere may be optimistic, it's crucial to evaluate investment or trading moves carefully.

3. Liquidity Concerns: You ought to be careful of potential limitations in liquidity. Since Muhurat Trading is available for only an hour, liquidity may be lower than usual market days.

Before Muhurat Trading, Sensex dipped by 553.12 points or 0.69% to end at 79,389.06, while Nifty 50 closed at 24,205.35 lower by 135.50 points or 0.6% on October 31. Sensex's weekly performance is down by 289.79 points or 0.36%, and that of Nifty 50 underperformed its counterpart with the decline of 223.85 points or 0.92%.

After previous session, Ajit Mishra - SVP, Research, Religare Broking said, "current indications point to a possible retest of the prior swing low near the 24,000 level. Despite the negativity in the benchmark indices, there are notable opportunities on both sides in certain sectors. Traders should adjust their strategies accordingly, emphasizing risk management."

Overall, Sensex dipped by 4,910.72 points or 5.83% in October 2024, while Nifty 50's monthly performance was down by 1,605.50 points or 6.22%.