Timings on Muhurat Trading Session · 21 Oct 2026
NSE circular · 21 Oct 2026
NSE Clearing Limited DEPARTMENT: CAPITAL MARKET SEGMENT Download Ref No: NCL/CMPT/77037 Date: October 21, 2026 Circular Ref. No: 0368/2026 All Members/ Custodians/ PCMs, Sub: - Timings on Muhurat Trading session In view of Muhurat Trading session on account of Diwali to be held on Sunday, November 08, 2026. In this reg…
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NSE Clearing
NSE Clearing Limited
DEPARTMENT: CAPITAL MARKET SEGMENT
| Download Ref No: NCL/CMPT/77037 | Date: October 21, 2026 |
|---|---|
| Circular Ref. No: 0368/2026 |
All Members/ Custodians/ PCMs,
Sub: - Timings on Muhurat Trading session
In view of Muhurat Trading session on account of Diwali to be held on Sunday, November 08, 2026. In this regard, members and custodians may please note the following:
- Timings for custodian participant (CP) code modification in NCMS and reports download by Clearing Corporation to Members/ Custodians for trades done on November 08, 2026:
| Process | Timings |
|---|---|
| Trades Modification (CP CODE) | 14:20 hrs – 16:15 hrs |
| Daily Obligation Reports | 16:45 hrs |
-
Additionally, members are informed that two VaR files based on prices of securities at previous close and at end of day shall be provided.
-
Timing for T day confirmations for trades executed on November 08, 2026 will be as follows-
| Process | Timings |
|---|---|
| Obligation Transfer Request start time | 16:45 hrs |
| Obligation Transfer Request End time | 17:15 hrs |
| T day confirmation window End time (For Marginable CP) | 17:15 hrs |
| Custodial NCIS log off time | 17:15 hrs to 18:00 hrs. |
| EPI of Funds and Securities cut-off | 17:45 hrs |
| Custodian trade confirmation End time | 07:30 hrs (T+1 day) |
NSE Clearing Limited (Formerly known as National Securities Clearing Corporation Limited) | Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051, India | +91 22 26598100 | www.nscclindia.com | CIN U67120MH1995PLC092283
NSE Clearing
NSE Clearing Limited
- Client Margin Reporting: - The schedule for client margin reporting on account of Muhurat Trading on November 08, 2026 shall be as under:
| Trade Date | Cut Off Date |
|---|---|
| 02-Nov-26 | 08- Nov-26 |
| 03- Nov-26 | 09- Nov-26 |
| 04- Nov-26 | 11- Nov-26 |
| 05- Nov-26 | 12- Nov-26 |
| 06- Nov-26 | 13- Nov-26 |
| 08- Nov-26 | 16- Nov-26 |
- Collateral –
| Collateral Type | Start Time | End Time |
|---|---|---|
| Cash Addition | 12:15 | 16:15 |
| Allocation of Collaterals | 11:45 | 19:00 |
| Securities Release request cut off time | - | 16:15 |
| Cash Release (only for cash deposited on the day) | 12:15 | 16:15 |
- The settlement schedule for trades executed on account of Muhurat Trading Session scheduled on November 08, 2026 is as given below:
| T+1 Settlement Type & Number | Trade Date | Custodial Confirmation Date | Settlement Date | Pay-in time | Pay-out time |
|---|---|---|---|---|---|
| M, Z, B | |||||
| 2026211 | 08-Nov-26 | 09-Nov-26 | 09-Nov-26 | 16.30 hrs | 21.00 hrs |
On account of Muhurat Trading Session, multiple settlements have been scheduled on November 09, 2026. The details of Pay in – Payout timings along with auction trade details are attached as per Annexure A.
All members/custodians are requested to take note of the same.
For and on behalf of
NSE Clearing Limited
Ashwini Goraksha
Associate Vice President
| Telephone No | Email id |
|---|---|
| 18002660050 | cm_clearing_ops@nsccl.co.in |
NSE Clearing Limited (Formerly known as National Securities Clearing Corporation Limited) | Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051, India | +91 22 26598100 | www.nscclindia.com | CIN U67120MH1995PLC092283
NSE Clearing
NSE Clearing Limited
Annexure A
Settlement schedule on November 09, 2026
| T+1 Settlement Type & Number | Trade Date | Custodial Confirmation Date | Settlement Date | Pay-in time | Pay-out time |
|---|---|---|---|---|---|
| A 2026209 | 06-Nov-26 | 06-Nov-26 | 09-Nov-26 | 08.00 hrs | 10.00 hrs |
| M, Z, B | |||||
| 2026210 | 06-Nov-26 | 09-Nov-26 | 09-Nov-26 | 10.30 hrs | 15.30 hrs |
| M, Z, B | |||||
| 2026211 | 08-Nov-26 | 09-Nov-26 | 09-Nov-26 | 16.30 hrs | 21.00 hrs |
You are also 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.
Kindly note that Auction trading and settlement under the revised auction cycle will be conducted as follows:
| T+1 Settlement Number | Trade Date | Custodial Confirmation Date | Settlement Date | Auction Settlement Number | Auction Trade Date | Auction Settlement Date |
|---|---|---|---|---|---|---|
| M 2026210 | 06-Nov-26 | 09-Nov-26 | 09-Nov-26 | A 2026210 | 09-Nov-26 | 11-Nov-26 |
| M 2026211 | 08-Nov-26 | 09-Nov-26 | 09-Nov-26 | A 2026212 | 11-Nov-26 | 12-Nov-26 |
| M 2026212 | 09-Nov-26 | 11-Nov-26 | 11-Nov-26 |
* Shortages of M 2026211 and M 2026212 shall be conducted in A 2026212; there shall be no Auction in A 2026211.
The timings for uploading the UNPAID MTF files will be as follows:
| T+1 Settlement Number | Trade Date | Settlement Date | Timings on 06-Nov-26 | Timings on 08-Nov-26 | Timings on 09-Nov-26 | | --- | --- | --- | --- | --- | --- | | M, Z 2026210 | 06-Nov-26 | 09-Nov-26 | 15:30 to 22:00 | 15:30 to 18:00 | 06:30 to 10:00 | | M, Z 2026211 | 08-Nov-26 | 09-Nov-26 | - | 15:30 to 18:00 | 06:30 to 13:00 |
For the purpose of early payin of securities on 09-Nov-2026, the cut-off will be 21:00 hrs. Members may please take note of clarity provided in exchange circular NSE/INSP/57112 dated 14-Jun-2023 whereby securities marked as early pay-in in the depository system on the trading day would be considered for margin reporting.
NSE Clearing Limited (Formerly known as National Securities Clearing Corporation Limited) | Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051, India | +91 22 26598100 | www.nscclindia.com | CIN U67120MH1995PLC092283
Source details
- Source
- National Stock Exchange of India
- Type
- circular
- Published by source
- 21 Oct 2026
- Coverage area
- securities