NSE circular NCL/CMPT/77030 · 21 Oct 2026
Official title
Muhurat Trading Session on account of Diwali
Official record
Open source pageSummary
Check the official recordNSE Clearing Limited sets the market timings and settlement schedule for the Muhurat Trading session on November 8, 2026. Participants and custodians must follow the specified timings for SLBS transactions, client code modifications, and custodian confirmations. The circular provides a revised settlement schedule for November 9, 2026, including pay-in and pay-out times for multiple settlement types. It also defines collateral management timings and confirms that the VAR margin rate for the capital market segment applies to the SLBS segment. Participants must observe the cut-off times for pay-in at the depositories.
What you must do
[Image omitted. See the official document.]
| Department: SECURITIES LENDING & BORROWING SCHEME (SLBS) | |
|---|---|
| Download Ref No: NCL/CMPT/77030 | Date: October 21, 2026 |
| Circular Ref. No: 107/2026 |
All Participants / Custodians,
Sub: Muhurat Trading session on account of Diwali
In continuation to NSE Clearing Ltd. circular no NCL/CMPT/71789 dated December 12, 2025 & in view of Muhurat Trading session on account of Diwali to be held on Sunday, November 08, 2026, Members may please note the following:
| Activities | Timings |
|---|---|
| SLBS transaction session | 14:20 hrs – 15:30 hrs |
| Client Code/ CP code modification | 15:40 hrs |
| Custodian confirmation | 16:15 hrs |
| Final Obligation to Participants | 17:00 hrs |
| Settlement Type & Number | Transaction Date | Settlement Date | Pay-in at NCL on settlement day | Pay-out at NCL on settlement day |
|---|---|---|---|---|
| L 2026210 | 06-Nov-26 | 09-Nov-26 | 08:00 hrs | 09:30 hrs |
| P 2026896 | - | 09-Nov-26 | 08:30 hrs | 09:45 hrs |
| L 2026211 | 08-Nov-26 | 09-Nov-26 | 10:15 hrs | 12:00 hrs |
Participants/Custodians are requested to take note of the cut-off timings for pay-in at the depositories end due to the revised settlement timings for November 09, 2026.
[Image omitted. See the official document.]
The settlement schedule for Reverse Leg Settlement (Settlement Type ‘P’) for R3 series
| Series | Trade Date | Settlement Type | Settlement Number | Reverse Leg Settlement Date |
|---|---|---|---|---|
| R3 | 08-Nov-26 | P | 2026898 | 12-Nov-26 |
VAR margin rate as applicable to the security in the capital market segment shall be applicable in SLBS.
Collateral timings:
| Collateral Type | Start Time | End Time |
|---|---|---|
| Cash Addition | 12:15 hrs | 16:15 hrs |
| Allocation of Collaterals | 11:45 hrs | 19:00 hrs |
| Securities Release request cut off time | - | 16:15 hrs |
| Cash Release (only for cash deposited on the day) | 12:15 hrs | 16:15 hrs |
For and on behalf of
NSE Clearing Limited
Nisha Pillai
Vice President
| Telephone No | Email id |
|---|---|
| 18002660050 ( IVR Option 2 ) | support@nsccl.co.in |
Key dates
Who is affected