Indian stock and commodity markets will hold a special trading session on Sunday to mark the beginning of Samvat 2083. The NSE, BSE and MCX have announced separate trading schedules for the festive occasion.
Indian stock and commodity markets will open for a special Muhurat trading session on Sunday (November 8) to mark Diwali and the beginning of the Hindu accounting year, Samvat 2083.
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have announced the timings for the special equity market session, while the Multi Commodity Exchange (MCX) has issued a separate schedule for commodity trading.
According to the exchange circulars, the block deal window will operate from 1:50 pm to 2:05 pm, followed by the pre-open session from 2:05 pm to 2:17 pm. This period will include order entry, matching and trade confirmation.
Regular trading on the NSE and BSE will begin at 2:20 pm and continue until 3:30 pm.
The exchanges have also scheduled a closing auction process, which will conclude by 3:50 pm. The post-closing session will take place between 3:50 pm and 4:00 pm. The BSE has additionally kept the trade modification window open until 4:15 pm.
What are the MCX Muhurat trading timings?
The MCX has announced that contracts across all commodities and indices will be available during the special session.
More from BusinessThe exchange’s special session will run from 2:05 pm to 2:19 pm, while the main commodity trading session will take place between 2:20 pm and 3:30 pm. The client code modification window will remain open until 3:45 pm.
Markets enter Samvat 2083 on a strong note
The special trading session comes after a strong rally in domestic equities on Friday, when benchmark indices extended their winning streak to seven consecutive sessions despite weakness in major global markets and technology stocks.
The BSE Sensex surged 1,718.01 points, or 2.17 per cent, to close at 81,028.02, reclaiming the 80,000 mark. The NSE Nifty gained 493.75 points, or 2.01 per cent, to settle at 25,030.35, moving above the 25,000 level.
Banking and financial services stocks led the gains, with both sectoral indices rising more than 2 per cent. Consumer durables and pharmaceutical stocks also recorded gains.
Among broader market indices, the Nifty 100 emerged as the top performer, advancing over 1 per cent, although the overall performance of broader markets remained mixed.
Investors will enter Samvat 2083 following Friday’s sharp rally, with global developments, foreign investor activity and broader market sentiment likely to influence the direction of domestic equities in the coming sessions.
