Indian Share Market Holidays

Stock market trading involves careful planning and analysis of the market movements, opening a demat account, and awareness about market trading hours. An important consideration while planning your trading decisions for mutual funds and securities markets is to be aware of when the markets are open and what are the market holidays.  The share market holiday list is decided based on the various Indian festivals including national and regional both. To avoid the trouble of checking whether there is a holiday today in share market, keep a list of Indian share market holidays handy with you.

Indian Stock Markets

Indian stock markets comprise of the country’s two major stock exchanges - the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). A stock can be listed on either of the two or both. These exchanges function from Monday to Friday and are closed on weekends.  The regular session stock trading is held on weekdays between 9.15 AM to 3.30 PM. Mahurat trading is done on the occasion of Diwali, the timings for which are notified by the exchanges around that time only.

Trading Holidays in 2023

The trading on the equities segments takes place on all weekdays except on the holidays declared by the stock exchanges in advance. As per the stock market holiday list announced by the stock exchanges, trading in equities will not be possible for another 15 days during 2023.

The first share market holiday in the year 2023 falls on the country’s Republic Day on 26^th January and no trading will happen on the BSE as well as the NSE. While there is no holiday in February, Trading in equities, equities derivatives segment, and SLB will not happen on March 7^th on account of the Holi festival.

The maximum number of Indian stock market holidays in 2023 is in April on account of Mahavir Jayanti, Good Friday and Dr Baba Saheb Ambedkar Jayanti on the 4^th, 7^th, and 14^th of April, respectively.

The months of May and June have one holiday each on account of the Maharashtra Day on 1^st May and 28^th June for Bakri-Id. While the markets will function on all days in July, trading will remain closed on the occasion of the country’s Independence Day on 15^th August. This will be followed by another holiday on 19^th September on the occasion of Ganesh Chaturthi.

October has two holidays to mark the birthday of Mahatma Gandhi on 2^nd October and Dussehra on 24^th October. November is the month when Diwali is celebrated across the country and the stock markets will be closed on 14^th of the month. Mahurat trading will, however, be done on Diwali day.

Gurunanak Jayanti on 27^th November is the next holiday and is followed by the last holiday of the year on 25^th December on account of Christmas. You can make note of these holidays on your mobile phones or calendar to avoid any kind of confusion.

List of Holidays in Indian Share Markets (2023)

Some other trading holidays during 2023 are falling on weekends. These include:

• Maha Shivratri on 18^th February, Saturday
• Id-UL-Fitr on 22^nd April, Saturday
• Moharram on 29^th July, Saturday
• Diwali-Laxmi Pujan on 12^th November, Sunday

Attention investors: Apart from the holidays and weekends, the Indian stock market offers a number of exciting trading opportunities.

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