National Stock Exchange (NSE) Holidays

The National Stock Exchange or NSE is one of the main stock exchanges in India. The Mumbai-based exchange is known for its high volumes of trading in the derivatives segment and cash equities. Owned by the leading financial institutions, banks, and insurance companies of the country, NSE was established in 1992 as the first electronic exchange. The exchange was the first one to implement electronic trading systems. The exchange works the whole week except Saturdays and Sundays. It also announces its annual NSE holiday list at the beginning of each year.

NSE and its Products

NSE promotes trading in equity, debt, and derivative products that include stock and currency derivatives besides NSE bond futures.

• The equity and equity-linked products that can be traded via NSE in the cash market include stocks, IDRs, Exchange Traded Funds, and the units of closed-ended mutual fund schemes as well as a segment devoted to the growth of the SMEs listed on EMERGE.
• NSE offers derivative contracts on Equity, Indices, Currency, Interest Rates, and Commodities.
• The exchange offers fixed-income securities and debt products that include government securities, corporate bonds, sovereign gold bonds and other securities traded on multiple platforms.

NSE Market Timings and Trading Holidays

Trading on the equities segments takes place on all days of the week except Saturdays and Sundays and the holidays declared by the exchange in advance.  This means no stocks can be bought or sold on NSE holidays. The market timings of the equities segment are:

Pre-Open Session

• Order entry and modification opens at 9.00 AM
• Order entry and modification closes at 9.08 AM

The random closure is done in the last one minute. The Pre-open order matching starts immediately after the close of the pre-open order entry.

Regular Trading Session

• Normal or limited physical market open time is 9.15 AM
• Normal or limited physical market close is 3.30 PM

Closing Session

• The closing session is held between 3.30 PM and 4.00 PM

Block Deal Session

• The morning window for this session operates between 8.45 Am to 9.00 AM
• The afternoon window for this session operates between 2.05 PM to 2.20 PM

The market timings of the commodity derivatives segment are:

• Opening Time: 9.00 AM
• Closing Time: 11.30 PM

The exchange can, however, extend, advance or reduce these trading hours when it deems fit and necessary. Also, on NSE general holidays, the commodity derivatives market will open in session 2 or at a time declared by the exchange.

NSE India Holidays 2023

NSE observes trading holidays on all Saturdays and Sundays. This means investors cannot trade in equities, equity derivatives, and the SLB segments over the weekends. In addition to the weekends, no trading is possible on the NSE market holidays that are announced to mark Indian festivals.

Trading Holidays in 2023 for the Equity, Mutual Funds, Equity Derivative, and SLB (Securities Lending and Borrowing) Segments

There are 15 NSE BSE holidays in 2023 when no trading will be done in equities, equity derivatives, and SLB segments. These are in addition to the holidays on weekends.

List of NSE Market Holidays (2023)

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

1. Maha Shivratri on 18^th February, Saturday.
2. Id-UL-Fitr on 22^nd April, Saturday
3. Moharram on 29^th July, Saturday and
4. Diwali-Laxmi Pujan on 12^th November, Sunday.

Muhurat trading will be conducted on 12^th November 2023 for one hour to allow individual investors and brokers to trade during the auspicious time. The timings for the same will be notified later.

NSE Clearing Holidays - The NSE lists 19 clearing holidays for 2023.

The NSE platform for borrowing and lending is available on all weekdays except weekends and holidays declared by the exchange. The market timings for the Securities Lending and Borrowing (SLB) Market are:

• Open Time: 9.15 AM
• Market Close Time: 5.00 PM

Awareness of the NSE and BSE holidays helps investors plan their trades better. While the list of holidays has been announced by the NSE, its site mentions that the exchange may close the market on days other than the scheduled holidays or open the market on days originally declared as NSE India holidays.

On all other days, you can trade the exciting Indian financial markets by opening a demat account.

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