Muhurat trading to commence at 5 pm on Diwali

Indian share markets the NSE and the BSE will hold a special Muhurat trading session on Wednesday, & Thursday to mark the start of the Hindu New Year — Samvat 2075. The trading session, considered very auspicious for stock markets, will be held between 5 pm and 6:30 pm.

The markets otherwise remain shut on both Wednesday and Thursday (7 – 8 November) on account on Diwali Laxmi Pujan and Diwali Balipratipada, respectively.

Investors remain wary in the shortened trading week ahead of two key international events, the highly awaited US mid-term elections on Tuesday and the US Federal policy meeting later this week.   Investors’ focus will subsequently shift to the Indian state elections through month Nov & Dec 2018.

Meanwhile, the markets ended on flat note on Tuesday. The BSE Sensex closed up 40.99 points at 34,991.91, while the Nifty50 of the NSE ended higher by 6 points at 10,530.00. Zee Entertainment, Yes bank and TCS were among top gainers on the Nifty while Cipla, SBI, HPCL were top losers.