New Delhi, Oct. 21- The stock exchanges BSE and NSE are going to hold a one-hour special 'Mugurat Trading' on the occasion of Diwali on November 1.
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India's leading stock exchanges Mumbai and National Stock Exchanges have announced that they are going to hold a one-hour special 'Mugurat Trading' on November 1st on the occasion of Diwali.
The trading session will be held from 6 pm to 7 pm, both the markets said separately in their circulars.
'Mugurat' refers to an auspicious period chosen based on planetary positions. Investors consider it the beginning of a new financial year of the Hindu calendar.
To mark this, NSC and BSE conduct a special session during Diwali festival.
Also, market analysts said that investors are hopeful that the share transactions carried out in this session will bring prosperity throughout the year.
This special session will see simultaneous trading in various segments like Equity, Commodity Derivatives, Currency Derivatives, Equity Futures and Options and Security Undoling.