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Muharat trading to be conducted for 75 minutes

Mumbai, Nov 7: The “muhurat” trading session will be conducted for 75 minutes on the Diwali day, November 13, both on the NSE and BSE.The special trading session would be conducted to pay obeisance to
muharat trading to be conducted for 75 minutes -...
PTI November 07, 2012 13:56 IST
Mumbai, Nov 7: The “muhurat” trading session will be conducted for 75 minutes on the Diwali day, November 13, both on the NSE and BSE.



The special trading session would be conducted to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity.

It would also mark the New Year for traders as per the Hindu calendar or Samwat 2069. The tradition of muhurat trading dates back over a century.

Trading would be conducted between 3.45 pm and 5 pm on the day, as per information available with the exchanges. Earlier, the exchanges had announced that muhurat trading session would be for 45 minutes.

Tradings would be done in segments like capital market, future and options and stock lending and borrowing.

Last year, bourses had held the trade between 4.45 pm and 6 pm.
 

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