KnolIndia

Today on the occassion of diwali NSE and BSE both are conducting muhurat trading, but mood of both invester and broker is sombre.

“No miracle is going to happen in the markets just because it is Diwali. We do not expect clients to conduct any big trades,” said Anita Gandhi, head-institutional business, Arihant Capital Markets.

BSE and NSE both fallen about more than 30% in the october only, largly driven by foreign institutional investors (FIIs) selling and hedge funds faced with redemption pressures back home. Brokers are expecting dull mahurat session.

Kotak Securities is offering incentives for people to trade on the muhurat trading day. In a special offer, Kotak Securities has announced the ‘double dhamaka’ contest, where investors can win prizes if they generate a certain volume through trading tomorrow.

Lakshmi Puja And Muhurat Trading on Tuesday, October 28, 2008

Lakshmi Puja : 4:00 PM Onwards

Muhurat Trading Session Details:

Session Start Time End Time Login 05 : 15 p.m. 06 : 15 p.m. Continuous Trading 06 : 15 p.m. 07 : 15 p.m. Closing 07 : 15 p.m. 07 : 25 p.m. Post Closing 07 : 25 p.m. 07 : 45 p.m.