Stock Market Holidays
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Stock Market holidays are something that you must definitely be aware of. Otherwise, it comes out as a huge spoiler when you ready yourself, think in a mind-frame with an inclination towards stock market investment only to be disappointed to know that the market is closed today!
Thus, staying aware of the stock market holidays is important!
Indian Stock Market Holidays
The Indices of the Indian Stock Market recently released their schedule of holidays for the year 2019. It is a possibility that these holidays do not end up overlapping on similar days across these different indices.
The Indian Indices are closed on both the days of the weekends (i.e. Saturdays and Sundays) and the business timings of the stock market remain as the Opening time of 09:15 AM IST and closing at 3:30 PM IST (More on this later).
If you are somebody who trades at the Intra-day level, then you need to know that the square happens automatically 15-20 minutes before the market closes. If it does not happen automatically, you need to take care of them manually to exit with the expected profit.
Anyway, coming back to the stock market holidays here is the complete list except for the regular weekend holidays:
Stock Market Holidays
S. No. | Date | Holiday | Day |
1 | January 26 | Republic Day | Friday |
2 | February 13 | Mahashivratri | Tuesday |
3 | March 02 | Holi | Friday |
4 | March 29 | Mahavir Jayanti | Thursday |
5 | March 30 | Good Friday | Friday |
6 | May 01 | Maharashtra Day | Tuesday |
7 | August 15 | Independence Day | Wednesday |
8 | August 22 | Bakri Eid | Wednesday |
9 | September 13 | Ganesh Chaturthi | Thursday |
10 | September 20 | Moharram | Thursday |
11 | October 02 | Mahatama Gandhi Jayanti | Tuesday |
12 | October 18 | Dussehra | Thursday |
13 | November 07 | Diwali Laxmi Pujan | Wednesday |
14 | November 08 | Diwali Balipratipada | Thursday |
15 | November 23 | Gurunanak Jayanti | Friday |
16 | December 25 | Christmas | Tuesday |
Important Note: Muhurat Trading is going to be held on Wednesday, November 07, 2019 (Diwali – Laxmi Pujan). The exact timings of this Muhurat Trading shall be notified subsequently through a separate circular.
Now let’s talk about specific indices and their respective holidays’ list:
NSE Holidays
Here is the list of (National Stock Exchange) NSE holidays for the whole year of 2019 with specific days:
S. No. | Date | Holiday | Day |
1 | January 26 | Republic Day | Friday |
2 | February 13 | Mahashivratri | Tuesday |
3 | March 02 | Holi | Friday |
4 | March 29 | Mahavir Jayanti | Thursday |
5 | March 30 | Good Friday | Friday |
6 | May 01 | Maharashtra Day | Tuesday |
7 | August 15 | Independence Day | Wednesday |
8 | August 22 | Bakri EId | Wednesday |
9 | September 13 | Ganesh Chaturthi | Thursday |
10 | September 20 | Muharram | Thursday |
11 | October 02 | Mahatama Gandhi Jayanti | Tuesday |
12 | October 18 | Dussehra | Thursday |
13 | November 07 | Diwali Laxmi Pujan | Wednesday |
14 | November 08 | Diwali Balipratipada | Thursday |
15 | December 23 | Gurunanak Jayanti | Friday |
16 | December 25 | Christmas | Tuesday |
BSE Holidays
Here is the list of (Bombay Stock Exchange) BSE holidays for the whole year of 2019 with specific days:
S. No. | Date | Holiday | Day |
1 | January 26 | Republic Day | Friday |
2 | February 13 | Mahashivratri | Tuesday |
3 | March 02 | Holi | Friday |
4 | March 30 | Good Friday | Friday |
5 | May 01 | Maharashtra Day | Tuesday |
6 | June 15 | Eid - Ul - Fitr | Friday |
7 | August 15 | Independence Day | Wednesday |
8 | September 13 | Ganesh Chaturthi | Thursday |
9 | October 02 | Mahatama Gandhi Jayanti | Tuesday |
10 | November 07 | Diwali Laxmi Pujan | Wednesday |
11 | November 08 | Diwali Balipratipada | Thursday |
12 | December 25 | Christmas | Tuesday |
MCX Holidays
Here is the list of (Multi Commodity Exchange) MCX holidays for the whole year of 2019 with specific days:
S. No. | Date | Holiday | Day |
1 | January 01 | New Year’s Day | Monday |
2 | January 26 | Republic Day | Friday |
3 | February 13 | Mahashivratri | Tuesday |
4 | March 02 | Holi | Friday |
5 | March 29 | Mahavir Jayanti | Thursday |
6 | March 30 | Good Friday | Friday |
7 | May 01 | Maharashtra Day | Tuesday |
8 | May 22 | Bakri Id (Id-ul-Zua) | Wednesday |
9 | August 15 | Independence Day | Wednesday |
10 | September 13 | Ganesh Chaturthi | Thursday |
11 | September 20 | Moharram | Thursday |
12 | October 02 | Mahatama Gandhi Jayanti | Tuesday |
13 | October 18 | Dassera | Thursday |
14 | November 07 | Diwali Laxmi Pujan | Wednesday |
15 | November 08 | Diwali Balipratipada | Thursday |
16 | November 23 | Guru Nanak Jayanti | Friday |
17 | December 25 | Christmas | Tuesday |
Different indices have some specific dates in the calendar that are scheduled for Clearing and Settlement. Let’s check those holidays quickly:
S. No. | Date | Holiday | Day |
1 | 19 February | Chhatrapati Shivaji Jayanti | Monday |
2 | 18 March | Gudi Padwa | Sunday |
3 | 1 April | Annual Bank Closing | Sunday |
4 | 17 August | Parsi New Year | Friday |
5 | 21 November | Id-e-Milad | Wednesday |
This needs to be known that an index may choose to declare a new holiday or change the schedule as per their preference. Such holiday(s) will be communicated beforehand by the index via different media communication channels such as websites, newspapers etc.
Moving ahead, let’s talk about the different sessions within a single trading day:
Stock Market Timings in India
On the normal days, the stock market works in 3 separate sessions as discussed below:
The Pre-Opening Session
The indices provide a 15-minute window to traders so that, if needed, they can modify their orders before the market actually opens for the day. The window falls within the time frame of 9 am to 9:15 am every trading day.
At the same time, basic checks are completed at the operational as well as the technical level by the indices before going ahead with the business session.
Normal Business Session
For the traders to trade on specific indices, the stock market is operational between 9:15 am to 3:30 pm on any business day. You can place your trades at any point in time between that duration.
At the same time, if you buy a specific set of stocks on Day 1 – you may choose to exit the same day (Intra-day trading) or any other day as per your preference (delivery trading).
Generally, the brokerage charges vary for these two types of trading.
Post-Closing Session
After the market closes, there is a window when the order clearance happens. The timing of this 20-minute window is between 3:40 pm to 4 pm.
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