Summary:
Investors find it crucial to be aware of market holidays for effective financial planning and decision-making. They use it to address concerns regarding liquidity, volatility and transaction clearances. This blog gets into the details of the share market holidays in 2024.
Share Market Holidays 2024
For investors, knowing when and how much to trade is a crucial factor. Trading holidays affect market volatility, liquidity and share prices. Here, we will list the trading holidays so that you can plan and time your investments in such a way that you can maximise returns and lower chances of risks. However, it is always good to be on the lookout for press releases and announcements by the concerned authorities so that planning and strategising can be done accordingly. In India, the two leading exchanges are the National Stock Exchange of India Limited (the ‘NSE’) and the Bombay Stock Exchange Limited (the ‘BSE’). Investors, both small and big, trade on these exchanges in different types of commodities. Saturdays and Sundays are both trading holidays.
Holiday Name | Date | Day |
---|---|---|
Republic Day | January 26, 2024 | Friday |
Maha Shivratri | March 8, 2024 | Friday |
Holi | March 25, 2024 | Monday |
Good Friday | March 29, 2024 | Friday |
Id-Ul-Fitr (Ramadan Eid) | April 11, 2024 | Thursday |
Shri Ram Navmi | April 17, 2024 | Wednesday |
Maharashtra Day | May 1, 2024 | Wednesday |
Bakri Id / Eid ul-Adha | June 17, 2024 | Monday |
Moharram | July 17, 2024 | Wednesday |
Independence Day | August 15, 2024 | Thursday |
Mahatma Gandhi Jayanti | October 2, 2024 | Wednesday |
Diwali – Laxmi Pujan | November 1, 2024 | Friday |
Gurunanak Jayanti | November 15, 2024 | Friday |
Maharashtra Assembly Elections | November 20, 2024 | Wednesday |
Christmas | December 25, 2024 | Wednesday |
The following holidays will fall on Saturday / Sunday:
Holiday Name | Date | Day |
---|---|---|
Dr. Baba Saheb Ambedkar Jayanti | April 14, 2024 | Sunday |
Shri Mahavir Jayanti | April 21, 2024 | Sunday |
Ganesh Chaturthi | September 7, 2024 | Saturday |
Dussehra | October 12, 2024 | Saturday |
Diwali – Balipratipada | November 2, 2024 | Saturday |
*Muhurat Trading will be conducted on Friday, November 01, 2024. Timings of Muhurat Trading shall be notified subsequently.
You can refer to the NSE circular here – NSE circular
Frequently Asked Questions
What is the stock market holiday list?
The stock market holiday list is a schedule of days on which the stock exchanges in India, remain closed for trading. It includes weekends, national holidays, and other occasions when the stock market does not operate.
Can I buy or sell stocks on share market holidays?
No, you cannot buy or sell stocks on share market holidays in India as the stock exchanges remain closed on these days. Trading activities are paused on these holidays and you will not be able to place any buy or sell orders until the next trading day.
Where can I find the Indian stock market holiday list?
The Indian stock market holiday list is published by the stock exchanges can be found on their official websites. It is also available on financial news websites, trading platforms, and through market regulators.
Why is it important to know about the stock market holiday list?
It is important to know the stock market holiday list as it helps traders, investors, and other market participants to plan their trading activities accordingly.
What is the opening time and closing time for the share market?
In India, the regular trading hours for the stock market are from 9:15 am to 3:30 pm, Monday to Friday. The market opens at 9:15 am with a pre-open session that lasts for 15 minutes. During this session, investors and traders can place buy/sell orders in advance. The actual trading session begins at 9:30 am and continues till 3:30 pm. It is important to note that the trading hours may be subject to change based on market conditions or regulatory requirements.
Additionally, the Indian stock exchanges conduct special trading sessions such as Muhurat trading and extended trading sessions during earnings season, which have different opening and closing times.
Can I trade on weekends in the Indian stock market?
No, weekends, which are usually Saturdays and Sundays, are non-trading days in the Indian stock market. The stock exchanges in India follow a five-day trading week, from Monday to Friday, with trading hours specified by the exchanges.
Are there any special trading hours or half-day trading during holidays?
Yes, on some holidays, stock exchanges may have special trading hours or half-day trading sessions. For example, on Diwali, also known as Muhurat trading, stock exchanges conduct a special trading session for a limited duration. These special trading hours or half-day sessions are announced by the exchanges.
Can I buy or sell stocks on Muhurat trading?
Yes, you can buy and sell shares on Muhurat trading.
What is a settlement holiday?
A settlement holiday refers to a day on which clearing and settlement activities are not carried out by stock exchanges and clearing corporations. In India, the clearing and settlement of trades in the stock market take place on a T+ 1 or a T+2 basis, which means that the settlement of a trade takes place two working days after the trade execution.
During this settlement period, the stock exchanges and clearing corporations verify and reconcile the details of the trades executed by brokers and allocate the shares or funds to the respective parties. Settlement holidays are typically observed on bank holidays, which means that the clearing and settlement process is not carried out on these days, and the settlement of trades is postponed until the next working day.
It is important to note that investors and traders should take settlement holidays into account while planning their trades to ensure that they do not miss out on any important settlement dates to settle their trades on time.
Is the stock market closed on every 2nd Saturday?
The Indian stock market follows a five-day trading week from Monday to Friday and remains closed on weekends, which are Saturday and Sunday.
Is the stock market closed for all bank holidays?
In general, the stock market in India follows its own holiday schedule, which is announced well in advance by the stock exchanges. Therefore, it is important to refer to the official holiday lists released by the stock exchanges to know which days the stock market will remain closed for trading.
Can I trade on a day that is not listed as a holiday?
Yes, you can trade on a day that is not listed as a holiday. However, it is important to note that the stock market may be closed for trading on certain days.
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