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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 4 terms

Trading session

Trading & orders

One occasion on which a market segment was open, from its opening procedure to its closing procedure — the unit a daily bar on a chart represents.

In plain terms

A daily candle is a session, not a day. The chart draws no gap for weekends or holidays, so anything you count in bars is counted in sessions while interest, time value and news accumulate in calendar time.

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Evening session

Derivatives
Also called: Extended commodity session

The extended trading session Indian commodity derivatives run after the equity market closes, so that domestic contracts can track international markets while those are open.

In plain terms

It usually carries most of the day’s volume, which means a daily commodity candle averages two very different markets — a thin Indian afternoon and an active overseas evening.

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Intraday

Trading & orders
Also called: Intraday trading

Positions opened and closed within the same trading session.

In plain terms

Taxed as business income at your slab rate, not as capital gains.

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Muhurat trading

Market basics

A short symbolic trading session held on Diwali.

In plain terms

A tradition rather than an opportunity — thin volume and wide spreads.

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Indian stock market glossary · Market Vidyalaya