Muhurat Trading: What is the timing of block deal today in Muhurat trading, when can orders be placed – muhurat trading 2024 block deal timings today are fixed in evening from 5 30 pm to 5 45 pm
Muhurat Trading Block Deal: The stock market will remain open for one hour for Muhurat trading in the evening of 1st November. Muhurta trading marks the beginning of the new Hindu calendar year. A special trading session for one hour is organized every year on Diwali on both NSE and BSE exchanges. This is called Muhurta trading. According to the Hindu calendar, Muhurta is the time when the planetary positions are auspicious, creating possibilities of good luck and prosperity. Many investors consider this time to be auspicious to invest in the stock market.
Diwali Muhurat Trading Time 2024
The National Stock Exchange (NSE) and BSE have fixed November 1 for the Diwali Muhurat trading session today, which will run from 6:00 pm to 7:00 pm. The pre-open session will be of 15 minutes, which will run from 5:45 pm to 6:00 pm. The main trading session will be from 6:00 pm to 7:00 pm. The closing session will last for 10 minutes, scheduled from 7:10 pm to 7:20 pm. The cut-off timing for trade modification is 6:00 pm to 7:30 pm.
block deal time
According to the notification issued by BSE, the time for block deals during Muhurat trading has been fixed from 5:30 pm to 5:45 pm. Block deals involve the buying or selling of large numbers of shares. It is privately negotiated and executed. These deals are usually for transactions of more than 5 lakh shares or shares valued at more than Rs 5 crore. Block deals allow larger transactions to be carried out easily, thereby avoiding problems such as large price fluctuations in the stock market.
Block deals reflect investor confidence in a company and also indicate the sentiment of institutional investors towards that company. Today both BSE and NSE are organizing special ‘Muhurat Trading’ session of Diwali, due to which block deal investors are eager to execute their trades.
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