Trading on the equities segment takes place on all days of the week (except Saturdays and Sundays and holidays declared by the Exchange in advance). The market timings of the equities segment are:
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- A) Pre-open session
Orderentry& modification Open: 09:00 hrs
Orderentry& modification Close: 09:08 hrs*
*with random closure in last one minute. Pre-open order matching starts immediately after close of pre-open order entry.
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- B) Regular trading session
Normal / Limited Physical Market Open: 09:15 hrs
Normal / Limited Physical Market Close: 15:30 hrs Session
The Closing Session is held between 40 hrsand 16.00 hrs
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- C) Closing Session
The Closing Session is held between 40 hrs and 16.00 hrs
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- D) Block Deal Session Timings: Morning Window: This window shall operate between 08:45 AM to 09:00 AM.
Afternoon Window: This window shall operate between 02:05 PM to 2:20 PM.
Trading on the equities segment takes place on all days of the week (except Saturdays and Sundays and holidays declared by the Exchange in advance). The market timings of the equities segment are:
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- The Exchange may, however, close the market on days other than the above schedule NSE holidays or may open the market on days originally declared as NSE holidays. The Exchange may also extend, advance or reduce trading hours when its deems fit and necessary.
- Source: Exchange data.
BSE/NSE Holidays 2023 – FAQs
What is Muhurat Trading?
Muhurat trading is the auspicious trading hour in the stock market, on the Hindu Festival of Diwali (Deepawali). The trading community has retained this as a symbolic and old ritual that has been observed since ages. As Diwali or Deepawali, also marks the beginning of the Hindu New Year, it is believed that trading on this day brings wealth and prosperity throughout the year, called Muhurat trading.
What is difference between trading holiday and clearing holiday?
A trading holiday is a day when the stock market or a specific stock exchange like NSE/BSE, is closed for trading, meaning that no buy or sell orders can be executed on that day. This can occur on national or religious holidays, as well as on weekends.
A settlement holiday, on the other hand, is a day when the financial institutions involved in the settlement process, such as clearinghouses and depository trusts, are closed. On a settlement holiday, securities transactions that were executed on the previous trading day cannot be settled, which means that funds and securities cannot be transferred between parties.
It's important to note that a trading holiday and a settlement holiday may or may not occur on the same day. For example, a stock exchange may be closed for trading on a national holiday, but the settlement process may continue as normal and vice versa on some other day.
Do stocks drop during holidays?
It is not a universal truth that stocks always drop during holidays. Stock market activity can be influenced by various factors, including economic news, company performance, and global events. Holidays may also result in lower trading volumes on prior and following days, when holidays occur, which can impact stock prices, but the direction of price changes during holidays can vary and is not predictable. Options trading is definitely influenced by holidays, by possibility of gap risk and also theta decay.It is important for options traders to be aware of the holiday schedule and to have a clear understanding of how holidays may impact their positions.
What time does the market open on Muhurat Trading?
India's capital market segment is open for trading between 6.15 pm to 7.15 pm, usually, on the day of Muhurat Trading, with similar timings from BSE and NSE, the two Indian stock exchanges. This may vary slightly, year on year basis, depending on the auspicious moment, as per the Hindu calendar. Muhurat Trading takes place on Diwali as it is considered an auspicious occasion to buy stocks and make investments.
Trading in the equity futures & option Segment takes place in the same time slot, as that of equities.
How does a holiday affect the stock market?
Holidays can affect the stock market in a variety of ways. Some of the most common ways holidays can impact the stock market include:
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- Reduced trading volume: Holidays can result in lower trading volume, as many market participants may be on vacation or taking time off and don’t wish to be burdened with extra open positions, especially in derivatives. This can lead to increased volatility, on the previous and following day to the holiday, as traders tend to square off and later buildup positions.
- Economic data releases: Holidays can also impact the stock market by affecting the release and dissemination of economic data. For example, if important economic data is scheduled to be released on a holiday, the market may react differently to the data than it would on a typical trading day. This could lead to gaps in trading prices upon opening of the markets, on the next trading day.
- Market sentiment: Holidays can also impact the stock market by changing market sentiment. For example, investors may become more risk-averse during the holiday season, leading to a decrease in stock prices.
It is important to note that the stock market can move in either direction, regardless of the time of year, and past performance is not indicative of future results.
What will be the last stock market holiday in 2023?
The last observed holiday by the Indian capital markets/ stock exchanges in 2023 is Christmas Day, which is on December 25th. Any extra holiday introduced by the exchanges is informed to members and the public via circulars on their websites.
What is the total number of trading holidays in 2023?
The holidays observed by the Indian exchanges in 2023 are 14, excluding the ones that occur on weekends. It's important to note that these are the observed holidays and the stock exchange may be open or closed on additional days due to other circumstances such as technical issues or natural disasters. Any extra holiday introduced by the exchanges is informed to members and the public via circulars on their websites.
