Is the stock market open on all days? The answer is NO. There are certain share market holidays on which you cannot place a trade. These holidays are usually the national, state, and auspicious ones.
You can easily trade in the stock market from Monday to Friday every week. The weekends or Saturday-Sunday of every week is a holiday in the stock market.
However, these are not the only holidays in the share market. Let us now have a look at the different share market holiday days.
Just like no arena in the world can go without a holiday, share market and share market enthusiasts also get some holidays. These holidays do affect the stocks and stock market but what’s better than a breather?
In India, the stock market usually closes because of the national holidays, state holidays, or some festivity.
The share market NSE & BSE upcoming holidays are given in the table below.
Here you can also check if today share market holiday or not.
Sr. No | Holidays | Date | Day |
---|---|---|---|
1 | Republic Day | 26 January 2024 | Friday |
2 | Mahashivratri | 08 March 2024 | Friday |
3 | Holi | 25 March 2024 | Monday |
4 | Good Friday | 29 March 2024 | Friday |
5 | Id-Ul-Fitr (Ramadan Eid) | 11 April 2024 | Thursday |
6 | Dr. Baba Saheb Ambedkar Jayanti | 14 April 2024 | Sunday |
7 | Shri Ram Navmi | 17 April 2024 | Wednesday |
8 | Shri Mahavir Jayanti | 21 April 2024 | Sunday |
9 | Maharashtra Day | 01 May 2024 | Wednesday |
10 | Bakri Id | 17 June 2024 | Monday |
11 | Moharram | 17 July 2024 | Wednesday |
12 | Independence Day | 15 August 2024 | Thursday |
13 | Ganesh Chaturthi | 07 September 2024 | Saturday |
14 | Mahatma Gandhi Jayanti | 02 October 2024 | Wednesday |
15 | Dussehra | 12 October 2024 | Saturday |
16 | Diwali Laxmi Pujan* | 01 November 2024 | Friday |
17 | Diwali-Balipratipada | 02 November 2024 | Saturday |
18 | Gurunanak Jayanti | 15 November 2024 | Friday |
19 | Christmas | 25 December 2024 | Wednesday |
Muhurat Trading will take place on Friday, November 1, 2024, during Diwali * Laxmi Pujan. The exact timings for Muhurat Trading will be announced by the exchange at a later date.
These are the various holidays in the stock market wherein you cannot trade and will have to wait for the next trading session.
There are various festival holidays in the stock market. However is there any way you can trade on holidays as well? Yes, you can.
You can place after-market orders on the day when the market is not open and working. The orders will be executed on the next day when the market opens. You can set either a market order that will get placed on the market price or limit order, wherein you select your desired price.
Holidays | Date | Day |
---|---|---|
Dr. Baba Saheb Ambedkar Jayanti | April 14, 2024 | Sunday |
Shri Mahavir Jayanti | April 21, 2024 | Sunday |
Ganesh Chaturthi | September 07, 2024 | Saturday |
Dussehra | October 12, 2024 | Saturday |
Diwali-Balipratipada | November 02, 2024 | Saturday |
The stock market is closed on Diwali but with an exception. Particularly on this day, the stock market opens for an hour because the day is considered auspicious. The trading hours are often in sync with the Lakshmi Pujan so that people can start their stock market journey on a good note.
This is known as Muhurat trading. During this one hour, the market witnesses a lot of volatility and if you pick the right stock for long term, you can make great profits over the years.
In 2021 as well. the market was open on Diwali from 6:15 PM- 7:15 PM. So, you can trade on Diwali but the timings are a little restricted.
The share market has a defined time window in which you can buy/sell your orders. While it ranges from 9:15 AM- 3:30 PM for the equity trades, the share market time can vary from segment to segment. For commodities, the timing window is between 9 AM and 11:55 PM, depending on the different commodities.
There is a whole timeline of the stock market which starts from a pre-market session and ends with a post-closing session.
Let us have a look at the table below.
Stock Market Timings | |
Pre-Opening Session (9 AM- 9:15 AM) | |
9:00 AM-9:08 AM | Order placement and modification |
9:08 AM-9:12 AM | Price matching to determine the price of the security |
9:12 AM- 9:15 AM | Bridge between pre-open and normal session |
Normal Session (9:15 AM- 3:30 PM) | |
9:15 AM- 3:30 PM | This is the trading window wherein you can place orders and trade in your selected stocks |
Closing Session (3:30 PM- 4:00 PM) | |
3:30 PM- 3:40 PM | Closing price is calculated keeping in mind the stocks traded in the last 30 minutes |
3:40 PM- 4:00 PM | You can place orders depending on the number of buyers and sellers available in the market |
The stock market is a place that keeps fluctuating every day. So it wouldn’t be wrong to expect some different trading activities before or after a holiday. But what is the share market holiday effect?
Research has shown that trading activities increase on Friday or before a long weekend. This is due to the fact that amongst the stock market risks, there is a higher risk of the market being affected by the weekend news on the next opening day. So a lot of traders want to keep all this at bay.
There is also a decrease in the trading frequency on Monday or a new market session after a holiday. It is when the market is reacting to the news or any other related activity that might have occurred over the weekend.
The settlement process is also affected by the holidays. If you trade on Friday, according to the T+1 rule, your profit will get settled on Monday. And if the trade is executed before a holiday, the profit will settle on the next day when the market opens.
This is how the market is affected by the holidays.
The share market is also not functional the entire week. Apart from the holidays every Saturday and Sunday, the stock market remains closed on some other national holidays as well. Although you can still place after-market orders they will be placed the next day the market opens.
If you are starting your trading journey, you need to keep the holidays also in mind.
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The clearing holidays or settlement holidays are the ones in which the market is open but the banks are not. So all the settlement takes place the next opening day of the market.
The days where the stock market is not open and you cannot place a trade are known as trading holidays. You can just place after-market orders during these holidays depending on your scrip and quantity.
Yes, the share market is closed on Diwali. However, the market opens for just one hour because Diwali is considered a very auspicious occasion.
The share market remains open until and unless there is a holiday or week off (Saturday or Sunday). Market opening timing 9:00 am to 3:30 p.m. You can also check the NSE & BSE holiday list to confirm.