There’s a palpable confusion among individuals about the exact holiday dates for the stock market this year. According to Drik Panchang, the Diwali Amavasya tithi, considered auspicious for Lakshmi Puja, begins on October 31 at 3:52 pm and concludes on November 1 at 6:16 pm. This year, the Lakshmi Puja Muhurat falls on November 1, between 5:36 pm and 6:16 pm.
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Meanwhile, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain open on October 31 but will observe a holiday on November 1, 2024.
In a notification, NSE confirmed that the Muhurat Trading session will take place on Friday, November 1. The brief ceremonial trading session has long been a feature of Diwali celebrations on Dalal Street. The Muhurat session is not only symbolic but also holds cultural significance, as it is believed to bring financial success and prosperity for the coming year under the blessings of Goddess Lakshmi, the Hindu goddess of wealth.
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Muhurat Trading usually spans a limited period in the evening. Here are the exact timings for this year’s muhurat trading session:
| Muhurat Trading | Start Time | End Time |
| Pre Open | 17:45 | 18:00 |
| Normal Market | 18:00 | 19:00 |
| Block Deal Session | 17:30 | 17:45 |
| Special Preopen Session ** (For IPO & Relisted security) | 17:45 | 18:30 |
| Normal market open time for stocks in special preopen session | 18:45 | 19:00 |
| Call Auction Illiquid session | 18:05 | 18:50 |
| Closing Session | 19:10 | 19:20 |
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The markets will operate as usual on October 31, while trading will be closed on November 1, except for the ceremonial Muhurat session. Investors are advised to plan their trades and investments accordingly.
