ICICIdirect has communicated some Rules for Diwali Muhurat Trading for its clients and same are as enumerated below:
Transactions done in Cash segment has to be in a single executed order.
The refund for cash investments will be credited to your account by November 20, 2011 and for SIP Investments by January 20, 2012
Markets will remain open from 4.30 p.m. ( inclusive of Pre-opening ) till 6:00 p.m. on October 26, 2011 on Muhurat Trading
- The benefit of reduced brokerage will be subject to flat minimum brokerage of 1/-
- Trade in cash for as low as 1 trade size. The minimum trade size of 500 is not applicable on Muhurat Trading day
- Fresh position in Margin/MarginPlus and FuturePlus will not be allowed on Muhurat Trading day
- You can place overnight orders in cash segment and also trade in Futures & Options
- The refund would be done for brokerage charges. All other statutory charges need to be borne by customer
- The scheme s applicable only for RI customers
Check out details about Diwali Muhurat Trading here and make money on the auspicious day.