Hello Traders and Investors
Muhurat Trading holds a special place in the hearts of investors in India. It is a symbolic and auspicious hour of trading conducted on Diwali, believed to bring prosperity and wealth. This tradition has been followed for decades in the stock markets, marking new beginnings for traders and investors alike.
At Dhan, Muhurat Trading has played a pivotal role in our journey. We launched the Dhan app on November 4th, 2021, during this auspicious trading session, and this year, on Friday, 1st November 2024, we celebrate 3 years of Dhan.
As part of our continued tradition, we are delighted to announce that all Dhan users will enjoy Zero Brokerage on Muhurat Trading Day, across all segments from 6 PM to 7 PM.
Zero Brokerage on Muhurat Trading Day
On Diwali 2024, Dhan users can trade in any segment with Rs. 0 brokerage. However, please note that while you may initially see a brokerage debit on your trades, we will reverse all brokerage charges during the settlement process. The reversal will be reflected in your ledger for all trades executed on 4th November 2024, Monday.
A Journey of Innovation
As we mark this special occasion, we want to express our sincere gratitude to each one of you. Your support and feedback have helped us build a platform that empowers Indiaβs Super Traders and Long-term Investors. In just two years, we have introduced 9 cutting-edge products, now used by lakhs of traders and investors across India. We are only at the beginning of our journey and remain committed to delivering even more value as we continue to grow.
On this auspicious occasion of Muhurat Trading 2024, all of us at Dhan extend our warm wishes for your success and prosperity. Letβs continue this journey together toward greater financial growth!
Important Notes:
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Margin shortfall-based square-off: Ensure sufficient margins by 18:00 to avoid position square-offs.
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Intraday Square-off: All intraday positions will be divided 15 minutes before market close.
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Margin Pledge: The margin pledge process will remain as usual. Un-pledge will be allowed on the next trading day. The MTF pledge window will be available from 19:35 hrs to 20:35 hrs.
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SIP Execution: Only daily SIPs will be executed at 18:15 hrs.
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AMO Orders: These will be executed at 18:00 hrs when the market opens.
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BTST Orders: Not allowed for all the order types.
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BO and CO orders are not allowed for Muhurat Trading.
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Funds Withdrawal: Requests placed after 17:00 hrs on Thursday till Monday 08:00 hrs will be processed on Monday, 4th November 2024.
Note: Any new updates or important information regarding this Muhurat Trading session will be shared exclusively on our community post. Stay tuned!
Regards,
Rahul
Community Manager