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:
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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