Dhanteras Extended Trading

NSE and BSE To Conduct Extended Trading Session On 21 Oct 2014

Dhanteras Extended Trading Session will be Conducted by NSE and BSE on October 21 in Capital Market Segment. This extended session is in addition to normal trading on both exchanges. This special session will be ONLY FOR Gold Exchanged Traded Funds (ETF) on exchanges. Timings for extended trading session are from 16:30 Hrs to 19:00 Hrs.  BSE has decided to waive off transaction charges in transactions in GOLD ETF on this day.

The following ETF’s (Gold) can be traded in this session in NSE.dhanteras extended trading session on nse and bse in gold etf

Gold ETF’s In Dhanteras Extended Trading Session

SymbolSeriesSecurity Name
AXISGOLDEQAxisMutualFund-AxisGoldETF
BSLGOLDETFEQBIRLASLGOLDETF-GO
CRMFGETFEQCANROBECO-GOLDETF
GOLDBEESEQGOLDMANSACHSGOLDETF
GOLDSHAREEQUTIGOLDETF
HDFCMFGETFEQHDFCGOLDETF
IDBIGOLDEQIDBIMF-IDBIGOLDETF
IGOLDEQICICIPRUDENTIALGOLDETF
KOTAKGOLDEQKOTAKGOLDETF
MGOLDEQMOSTSHARESGOLDETF
QGOLDHALFEQQUANTUMGOLDFUND
RELGOLDEQRSHARESGOLDETF
RELIGAREGOEQRELIGAREGOLDETF
SBIGETSEQSBIMF-SBIGOLDETS-GO

Similarly, the following Gold ETF’s are traded on BSE on this Dhanteras Extended Trading Session on 21 Oct.

Sr. No
Scrip Name
Scrip Code
Scrip Id
1
Axis Mutual Fund – Gold ETF
533570
AXISGOLD
2
Birla Sun Life Mutual Fund – Gold ETF
533408
BSLGOLDETF
3
Goldman Sachs Mutual Fund – Gold ETF
590095
GOLDBEES
4
HDFC Mutual Fund – Gold ETF
533230
HDFCMFGETF
5
ICICI Prudential Mutual Fund – Gold ETF
533244
ICICIGETF
6
IDBI Mutual Fund – Gold ETF
533719
IDBIGOLD
7
Kotak Mutual Fund – Gold ETF
590097
KOTAKGOLD
8
Quantum Mutual Fund – Gold ETF
590099
QGOLDHALF
9
Reliance Mutual Fund – Gold ETF
533891
RELGOLD
10
Religare Mutual Fund – Gold ETF
533172
RELIGAREGOLD
11
SBI Mutual Fund – Gold ETF
590098
SBIGETS
12
UTI Mutual Fund – Gold ETF
590101
GOLDSHARE
13
Motilal Oswal Mutual Fund-MOSt Shares Gold ETF
534185
MGOLD
14
Canara Robeco Mutual Fund – Gold ETF
534631
CRMFGETF

There will not be no post close session for Gold ETF Securities.  Usually Exchanges conduct Dhanteras Extended Trading sessions on the auspicious occasion of Dhanteras.

Outstanding orders i.e. unmatched orders at 15:30 hrs of Gold ETF securities will be carried
forward to extended trading session. However, members can cancel these orders during the
pre-open period viz.16:25 hrs to 16:30 hrs.

Most Investors buy Gold ETF’s during Dhanteras extended trading session as it is considered auspicious to buy gold on this day. Gold ETF’s are better option than buying physical gold.  The reason being various advantages with Gold ETF’s like no wastage, no fear of theft etc. At present Gold is trading at lower levels internationally but not in India due to increased tax to contain Current Account Deficit and Rupee Depreciation.  Once the tax is reduced Gold Prices may fall further.  A similar decrease can also be expected with rupee appreciation.

For investment purpose one should take these factors into consideration.

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