Muhurat trading session on Friday, November 1, 2024,
The Diwali 🪔 Muhurat trading session this year will be held on Friday, November 1, 2024, from 6:00 PM to 7:00 PM.
Keeping with our tradition of over the last 14 years, brokerage charges for all trades during the Muhurat trading session will be reversed. Zero brokerage on all Intraday, F&O, and commodity trades.
What is Muhurat trading?
A Muhurat trading session is held every year by the exchanges on Diwali, during Lakshmi Puja.
Before electronic trading, trading took place in designated trading halls of stock exchanges, accessible only to stockbrokers and their registered assistants. Investors would place orders through brokers, who would then execute the trades in the hall.
On Muhurat trading day, the usual restrictions were relaxed, allowing brokers’ clients, friends, and family to witness open-outcry trading in person.
Buying stocks during Muhurat trading is considered auspicious and is believed to bring good fortune for the year ahead.
Note: Brokerage will be charged as per applicable rates on November 1, 2024, and will be subsequently reversed within 3 days’ time.