Stock market holiday: There may be confusion in some investors regarding whether there will be trading in the Indian stock market today. In such a situation, let us know that on Thursday, on 2 October, the stock markets will be closed due to the festival of Dussehra and Gandhi Jayanti. There will be no business or settlement in stock, derivatives and commodity segment on Thursday in National Stock Exchange (NSE) and BSE. This business week will be small due to holidays. Now the stock market will open directly on 3 October, Friday.
Stock market holidays in October
There will be two more holidays in the month of October- Diwali (on the day of Lakshmi Pujan) on 21 October and Diwali Balipratipada on 22 October. Now the question comes, at what time will Muhurta trading be held during this period?
On the occasion of Diwali, Muhurta trading on NSE will be held on Tuesday, October 21. The stock exchange said in a circular that the trading session will be held between 1:45 pm and 2:45 pm. Last year, the Muhurta trading session was organized between 6 pm and 7 pm.
Why is Muhurta trading special?
The Hindu calendar year starts from Diwali. It is believed that doing business at the time of Muhurta trading is auspicious for investors. During this time, investing in new stocks or adding new stock to your portfolio remains profitable. Trading is done from Monday to Friday, 9:15 am to 3:30 pm on domestic stock market. There is also a pre-open session from 9:00 am to 9:15 pm in regular business days. The market remains closed on Saturday and Sunday. After October 5, there will be no trading in the stock market on the occasion of Prakash Guruparva on 5 November. After this, the stock market will be closed on the occasion of Christmas on 25 December.
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