Trading on Holidays – Muhurat Trading on Diwali in India
Diwali is the biggest holiday of the year in India. Nonetheless, the Indian equity and futures markets are open for “Muhurat” trading for a portion of the day.
Muhurat means “auspicious”. The session marks the first trades of the new Hindu year and symbolizes prosperity and good fortune. Muhurat sessions are typically an hour long—this year’s is on October 21 and starts at 1:45 pm IST.
The date of Diwali is determined by the Hindu religious calendar. The time of the Muhurat session varies each year and is chosen as auspicious by Indian astrologers.
The event will impact 58 of our Trading Hours markets, including:
🔹INSN – National Stock Exchange of India (Equity Futures and Options)
🔹BMSD – BSE (USD-Based Currency Futures and Options)
🔹IMEB – Multi Commodity Exchange of India (Gold Futures)
🔹INSG – National Stock Exchange of India (Natural Gas (Henry Hub) Futures)
🔹INSK – NSE International Exchange (Currency Derivatives)
🔹NCDJ – National Commodity & Derivatives Exchange (Jeera Futures)
🔹GINA – SGX India Connect IFSC (Nifty 50 Index Futures).
At Swaps Monitor, we not only keep you informed of when this special session occurs but also provide the exact trading timings.
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🔗 Trading Hours – Know your trading window, down to the second
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