Vamsi sir, Exchanges consider diwali as holiday. Any derivative expiry falling on that day will be shifted to previous day. Like every friday sensex expiry, since tomorrow is holiday its shifted to today. To say in ur language its not continuation of thursday session, its monday session starting few moments earlier on friday itself for one hour. Interesting read is once upon a time bania community aka like vysya in south india were main participants in bse trading. They follow vikram samvat calendar which starts immediate after diwali, simply like new year for them. If any people belong to that community pls dont feel bad, im just saying facts in broad perspective. No intention to hurt personally. They were literally miser in household and self spending, always thinks to rotate money and grow it more. That mindset goes peak on diwali, besides that bse was in their hands. It brought tradition of special muhurat session so that people could buy stocks or say keep in growth picks. Later nse too started as it have to be in sync in bse. Reason for opening derivative session on muhurat trading is because of no circuit limits for fno stocks technically. I mean if so n so stock rose non stop like 200 percent in muhurat session and derivatives were closed, next day option writers will be bankrupt besides bringing heavy scolding. In order to get rid of all this nuisance derivatives were also open
Vamsi Bro, It will be a new session. Today monthly expiry over... Nifty monthly 24.2k ce closes with 2rs giving an impression that as a strong support only to loose. Smiliar to 51.8k bn expiry yesterday. Expiry protected massive fall. It looks fall may continue.. Best Wishes.
One question, how is muhurat trading works today, today is monthly expiry. So is it continuation of expiry session or is it start of Friday session. Can anyone answer.
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