Markets to hold special Diwali trading session WednesdayOctober 25th, 2011 - 5:05 pm ICT by IANS
Mumbai, Oct 25 (IANS) Indian equities markets will hold a special ‘muhurat’ trading on Diwali evening Wednesday to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity.
The trading will begin at 4.45 p.m. and last till 6 p.m.
The other major bourse, the National Stock Exchange, will hold a similar session during the same time to also mark the New Year for traders as per the Hindu lunar calendar, or Samwat 2068.
Traders make token purchases on this day. In stock markets, where the tradition of muhurat trading dates back over a century, key indices have often ended with gains as most people believe in buying than selling on that day.
Derivatives and Futures trading will similarly be conducted at all the three major commodity exchanges in India - the Multi-Commodity Exchange, National Multi-Commodity Exchange and National Commodity and Derivatives Exchange.
- Markets to open for special 'Muhurat' trading on Diwali - Nov 04, 2010
- Indian equities nudge higher in Diwali 'muhurat' trade - Oct 26, 2011
- Markets to hold special Diwali trading session Saturday - Oct 14, 2009
- Diwali special trading on, Sensex starts flat - Oct 17, 2009
- Sensex ends flat on Diwali special trading (Lead) - Oct 17, 2009
- Amid fireworks, Sensex starts New Year at all-time high - Nov 05, 2010
- Gontermann-Peipers expects FMC nod for commodity exchange - Sep 15, 2010
- More ticker boards on farm goods' trade planned in Kerala - Nov 08, 2011
- Sensex continues to bleed on loan scandal (Weekly Market Review) - Nov 27, 2010
- Toronto, London stock exchanges set merger vote date - May 26, 2011
- The Cast Of ‘NO PROBLEM’ Felicitates The Auspicious Lakshmi Puja Trading - Nov 06, 2010
- Sensex in red, realty, banking under selling - Mar 26, 2012
- Sensex holds on to gains, metals, realty scrips gain - Mar 13, 2012
- Calcutta Stock Exchange to advance trading time from Jan 4 - Jan 01, 2010
- Technical snag hits BSE, trading halted till 2.30 p.m - Nov 01, 2010
Tags: bourse, commodity exchanges, derivatives, diwali, exchange national, futures trading, hindu goddess, India, lunar calendar, multi commodity exchange, mumbai, national stock exchange, new year, obeisance, stock markets, trading session, tradition, wealth and prosperity