IND NSE announced that Muhurat trading session on account of Diwali will be held on Nov. 12, 2023; set out timings for reporting obligations for trades carried out on the day for the capital market, commodity derivatives, and futures and options segments.
Accordingly, the pay in/pay out transactions will be settled on Nov. 13, 2023.
Document dated Oct. 31, 2023, received from IND NSE Nov. 2, summarized on Nov. 6.
Nov. 3, 2023 IND ICCL
On Nov. 3, 2023, IND ICCL announced give-up/take-up for T-day trades and early pay-in timings on Muhurat trading session on Nov. 12, 2023.
Nov. 6, 2023 IND CDSL
On Nov. 6, 2023, IND CDSL announced CDSL system (WEB CDAS & Easiest) will be available to users on Muhurat trading session on Nov. 12, 2023; timings as specified.
IND CDSL further advised depository participants to refer to stock exchange circulars set out in this communiqué on the revised settlement schedules.
Nov. 7, 2023 IND ICCL Collaterals
On Nov. 7, 2023, IND ICCL listed collateral timings for Muhurat trading; Nov. 12, 2023.
Nov. 8, 2023 IND NSD Circulars
On Nov. 8, 2023, IND NSD issued circular to inform all participants that IND NSD's depository system will be available on Nov. 12, 2023 on account of Muhurat trading.
IND NSD said participants will receive beginning of the day (BOD) message at 2pm.
End of the day (EOD) activities will commence at 10:30pm on Nov. 12, 2023.
Instructions submitted by participants with execution date as Nov. 12, 2023, will get executed on same day; and deadline for submission of inter depository transfer instructions by the participants with execution date as Nov. 12, 2023, will be 9:30pm.
IND NSD also issued related circular to all participants registered for SPEED-e facility.
It also said clients / clearing members registered for SPEED-e facility will be able to submit instructions with execution date as Nov. 12, 2023 on SPEED-e facility.
Said deadline time for submission of intra and inter depository transfer instructions on SPEED-e facility on Nov. 12, 2023 will be same as which is applicable for weekdays.
IND NSD said participants must ensure that all the instructions submitted by the clients / clearing members (other than SPEED-e DIRECT) with execution date as Nov. 12, 2023 are duly executed in the eDPM system before EOD deadline, being 10:30pm.
Oct. 21, 2024 Muhurat Trading 2024
On Oct. 21, 2024, IND NSE announced Muhurat trading session on occasion of Diwali will take place on Nov. 1, 2024; set out timings for reporting obligations for trades carried out for capital market, commodity derivatives, futures and options segments.
Oct. 22, 2024 Settlement Schedule
On Oct. 22, 2024, IND NSE announced settlement schedules for Muhurat trading session on Nov. 1; 2 risk parameter files based on previous close, end of day prices.
Pay in/pay out transactions for trades dated Oct. 31, Nov. 1, will be settled on Nov. 4.
Client margin reporting schedule provided, as well as collateral timings for Nov. 1.
Document dated Oct. 22, 2024, received from IND NSE Oct. 25, summarized Oct. 30.
