
The Festival of Lights, Diwali, is an auspicious time according to the Hindu calendar. It symbolises the victory of light over darkness, knowledge over ignorance, and good over evil.
Like any other religious festival, Diwali is surrounded by many beliefs, customs, and traditions. One such tradition is Muhurat trading.
Today, we will discuss this tradition and cover everything you need to know about Muhurat Trading 2026.
To understand Muhurat trading, let’s look at the term Muhurat. The word ‘Muhurat’ means an auspicious time. In Hindu customs, Muhurat refers to a time when planets are aligned favourably to ensure positive results.
Muhurat Trading is a familiar ritual followed by traders in India. This one-hour period is considered auspicious on Diwali for investing in shares. The stock exchange sets the Muhurat trading time each year.
According to this belief, people who trade during this one hour have a better chance of earning wealth and gaining prosperity throughout the year. Typically, this period falls on the evening of Diwali, and most people buy stocks as a token of appreciation to Goddess Lakshmi. This is unique to Indian stock markets.
All timings are in Indian Standard Time (IST).
|
Session |
Start Time |
End Time |
Remarks |
|
Block Deal Session |
1:50 P.M. |
2:05 P.M. |
- |
|
Pre-open – Order Entry Period |
2:05 P.M. |
2:10 P.M. |
Order entry, modification and cancellation for both limit and market orders. |
|
Pre-open – Order Entry Period |
2:10 P.M. |
2:15 P.M.* |
Order entry, modification and cancellation only for limit orders. No modification or cancellation is allowed for market orders. |
|
Pre-open – Order Matching & Trade Confirmation Period |
2:15 P.M. |
2:17 P.M. |
- |
|
Pre-open – Buffer Period |
2:17 P.M. |
2:20 P.M. |
- |
|
Normal Market (Continuous Trading Session – CTS) |
2:20 P.M. |
- |
- |
|
Normal Market Close for Closing Auction Session (CAS) Securities |
- |
3:15 P.M. |
- |
|
Reference Price Calculation / Transition from CTS to CAS |
3:15 P.M. |
3:20 P.M. |
- |
|
CAS – Order Entry Period |
3:20 P.M. |
3:25 P.M. |
Order entry, modification and cancellation for both limit and market orders. |
|
CAS – Order Entry Period |
3:25 P.M. |
3:30 P.M.* |
Order entry, modification and cancellation only for limit orders. No modification or cancellation is allowed for market orders. |
|
CAS – Order Matching & Trade Confirmation Period |
3:30 P.M. |
3:35 P.M. |
Order matching begins immediately after the order-entry period ends. |
|
CAS – Transition Period |
3:35 P.M. |
3:50 P.M. |
Transition from CAS to the post-closing session. |
|
Post-close Session |
3:50 P.M. |
4:00 P.M. |
- |
|
Normal Market Close for Non-CAS Securities |
- |
3:30 P.M. |
- |
|
Special Pre-open Session (IPO and Relisted Securities) |
2:05 P.M. |
2:50 P.M.** |
System-driven random closure in the last 10 minutes. |
|
Normal Market Timings for Stocks in Special Pre-open Session |
3:05 P.M. |
3:30 P.M. |
- |
|
Call Auction – Illiquid Session |
2:25 P.M. |
3:10 P.M. *** |
System-driven random closure in the last minute. |
|
Trade Modification Cut-off Time |
2:20 P.M. |
4:15 P.M. |
- |
Note:
Read more about the significance and history of Muhurat Trading
Timings of Muhurat Trading 2026 for Corporate Bonds (T+1 Settlement) are as follows:
|
Instrument |
Market Timing |
Activities Allowed |
|---|---|---|
|
Only Corporate Bonds* |
2:05 P.M. – 3:00 P.M. |
Trading, confirmation, modification and cancellation |
|
Only Corporate Bonds* (T+1 settlement) |
3:00 P.M. – 3:30 P.M. |
Confirmation, modification and cancellation |
Note:
All trades executed during the Diwali Muhurat Trading session will be subject to settlement obligations.
T+1 deals can be cancelled or modified until 5:00 P.M. on the settlement day, as per the current Trade Cancellation and Modification Policy.
The CBRICS platform will not be available during the Diwali Muhurat Trading session.
Corporate bonds are as defined under SEBI’s Issue and Listing of Non-Convertible Securities Regulations.
Source - NSE
Timings of Muhurat Trading 2026 for Futures and Options are as follows:
|
Session |
Start Time |
End Time |
Remarks |
|
Pre-open - Order Entry Period |
2:05 P.M. |
2:10 P.M. |
Order entry, modification and cancellation for both limit and market orders. |
|
Pre-open - Order Entry Period |
2:10 P.M. |
2:15 P.M. |
Order entry, modification and cancellation only for limit orders. No modification or cancellation is allowed for market orders. System-driven random closure in the last 2 minutes. |
|
Pre-open - Order Matching & Trade Confirmation Period |
2:15 P.M. |
2:17 P.M. |
- |
|
Pre-open - Buffer Period |
2:17 P.M. |
2:20 P.M. |
- |
|
Normal Market (Continuous Trading Session - CTS) |
2:20 P.M. |
3:40 P.M. |
- |
|
Update of Stock & Index Futures Price Bands for Alignment with CAS in Equity Cash Market |
3:15 P.M. |
- |
- |
|
Trade Modification Time |
2:20 P.M. |
3:50 P.M. |
- |
All trades executed in this Diwali Muhurat trading session shall result in settlement obligations.
Source - NSE
|
Sessions |
Time |
|
Normal Market Open |
2:20 P.M. |
|
Normal Market Close |
3:30 P.M. |
All trades executed in this Diwali Muhurat trading session shall result in settlement obligations.
Source - NSE
When did Muhurat Trading start?

Traditionally, stockbrokers started the new year on Diwali. Hence, they would open new settlement accounts for their clients on Diwali during the auspicious time – the Muhurat.
The Bombay Stock Exchange (BSE) introduced Muhurat Trading in 1957, and the National Stock Exchange (NSE) has continued it since 1992.
The broking community also performs Chopda Pujan, or worships their books of accounts, on Diwali. Many beliefs were associated with Muhurat trading.
The main reason was that most Marwari traders/investors sold stocks during Muhurat, believing money should not enter the house on Diwali. In contrast, Gujarati traders/investors purchased shares during this period. Although there is no data to support this, in current times, it no longer holds.
Today, Muhurat trading has become more symbolic than cultural because people believe the period is auspicious. Most Hindu investors perform Lakshmi Pujan (praying to Goddess Lakshmi) and then buy shares in strong companies that can generate good long-term returns.
On Diwali, both the NSE (National Stock Exchange) and the BSE (Bombay Stock Exchange) permit trading for a limited period. Typically, the session is divided into the following parts:
The Muhurat trading Session is a good time to buy or sell stocks, as trading volumes are high. Additionally, the market is usually bullish, as the festive spirit of prosperity and wealth drives optimism about the economy and the stock market. Hence, the Muhurat trading session is an ideal time for both experienced and new investors and traders to benefit.
For people who believe in auspicious planetary alignments, Diwali is celebrated as a festival that brings wealth and prosperity. So, if you have never invested in stocks, Diwali can be a good day to start.
Look for high-quality companies and purchase stocks with a long-term horizon that aligns with your investment plan. However, if you plan to enter stock trading, it may be prudent to observe the markets during Muhurat Trading and do some paper trading to get a feel for the process. Markets are known to be volatile since the trading window is open for only one hour. Hence, new traders are advised to be watchful.
Experienced day traders can benefit from this session, as most investors/traders will buy and/or sell stocks to acknowledge the auspiciousness of the day.
The focus may be less on profitability and more on the gesture. Hence, seasoned day traders can make good profits by taking positions after careful consideration. This year has been challenging for the economy, as the pandemic has impacted businesses and livelihoods alike.
While many experts hope for a successful Muhurat trading Session in 2026, it is wise to keep a level head and make trading decisions with a clear mind.
Here are some key aspects to consider before you start buying or selling stocks during Diwali day trading time (Muhurat Trading Timings).
Happy investing and a happy Diwali!