Announcements

The time of Diwali is important for all investors and traders in the share market. Traders have participated in the customary Muhurat trading on Diwali for many years. A Muhurat is a particular time or moment that is auspicious, and traders try to make trades during this window for a great trading year ahead.

In keeping with the tradition of Diwali, the Muhurat Trading Session this year for Equity, F&O, Currency, and Commodity trading will be held on Tuesday, 21 October 2025.

Details are as follows:

Muhurat Trading for Capital Market (Equities, Commodities and Derivatives)

Further, note the following about Muhurat Trading: 

Trading and Order Execution

• Intraday trading will be allowed.

• Order modification cut-off:

• 2:55 PM for Derivatives

• 3:15 PM for Cash segment

• After Market Orders (AMO) orders placed on 20 October will be queued for execution during the Muhurat window.

BTST and Settlement

• BTST will be restricted. Stocks purchased on 20 October cannot be sold during the Muhurat session. 

• Trades executed on 20 and 21 October will be settled with payout on 23 October.

Stock SIP Orders

• Stock SIP orders will not be executed in the Muhurat session. 

• SIP orders due on 21 October will automatically shift to 23 October.

Margins, Funds and Withdrawals

• Derivatives & Intraday credits from 20 October will not be added to the available margin on 21 October.

• No fund payout will be processed on 21 October.

• Fund withdrawal requests placed between 20 October, 5:30 PM and 23 October, 7:00 AM will be credited by 11:30 AM on 23 October.

MTF and Pledge Window

• Conversion to Delivery (CTD) under MTF will not be allowed.

• Margin pledge will remain open from 8:00 AM to 9:00 PM.

• Shares bought under MTF will be auto-pledged as per SEBI mandate.

RMS Policies and Square-Off Rules

The following square-offs will be executed as per RMS policy:

• Derivatives margin shortfall square-off

• 80% MTM-based square-off

• Timer-based square-off from 2:30 PM to 2:35 PM

The following cash market square-offs will not be carried out on 21 October:

• Projected Risk

• MTF Shortage

• Ageing

• CUSA

Please refer to circulars for more information on NSE (Equity&F&O),BSE,CDS, &MCX.