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Prosenjit Datta BSCAL

They say no one sells on moorat day. But globalisation has changed that forever

Moorat trading isnt what it used to be. The BOLT system has killed its spirit. I had been repeatedly warned against going on my nostalgia trip. You will just be wasting time and petrol.

There was ample weight behind those warnings. Moorat (or Mahurat) perhaps better than anything else, used to typify the traditions of the Indian stock markets. While the rest of the country got ready for Diwali, the broking community, with families in tow, congregated at the stock exchange ring for a festival they considered far more important and auspicious

 

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First Published: Nov 01 1997 | 12:00 AM IST

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