IND NSE Muhurat Trading Timings


On Oct. 31, IND NSE set out Muhurat trading session timings.


  • 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.

Regulators IND CDSL; IND ICCL; IND NSD; IND NSE
Entity Types B/D; Depo; Exch
Reference Cir NCL/COM/64658, 0196/2024, 10/22/2024; Cir NCL/CMPT/64641, 126/2024, NCL/CMPT/64643, 055/2024, NSE/COM/64648, 53/2024, 10/21/2024; Cir NSDL/POLICY/2023/0154, NSDL/SPEED-e/POLICY/2023/0007, 11/8/2023; Nt 20231107-31, 11/7/2023; Comm CDSL/OPS/DP/SETTL/2023/644, 11/6/2023; Nt 20231103-38, 11/3/2023; Cir 0386/2023, NCL/CMPT/59150; Cir 0388/2023, NCL/COM/59154; Cir 161/2023, NCL/CMPT/59155, 10/31/2023
Functions Compliance; Financial; Operations; Settlement; Trade Reporting; Trading; Treasury
Countries India
Category
State
Products Clearing; Commodities; Derivatives; Futures; Securities
Regions AP
Rule Type Final
Rule Date 10/31/2023
Effective Date 11/1/2024
Rule Id 190212
Linked to N/A
Reg. Last Update 10/22/2024
Report Section International

Last substantive update on 10/30/2024