The National Stock Exchange of India (NSE) , established in 1994, is one of the largest stock exchanges globally. Based in Mumbai, the NSE operates under the ownership of several financial institutions, including banks and insurance companies. It serves as a vital platform for Indian financial markets and facilitates trading in various financial instruments such as equities, derivatives, bonds, and currencies.
The National Stock Exchange of India (NSE) conducts various trading sessions. The Regular trading session occurs from 9:15 AM to 3:30 PM, enabling normal or limited physical market trading. Additionally, there are Block Deal Sessions: a Morning Window from 8:45 AM to 9:00 AM and an Afternoon Window from 2:05 PM to 2:20 PM, especially for executing large block deals.
The National Stock Exchange of India (NSE) is operational on all weekdays except specific trading holidays. Every year, the NSE issues a list of holidays in the share market for that specific year. These holidays comprise weekends, national holidays, as well as various festivals and special occasions. As such, traders and investors should stay informed about the list of stock market holidays 2024. This would help them to plan their trading activities effectively, thus reducing the risk of losses.
Similar to the National Stock Exchange (NSE), the Bombay Stock Exchange (BSE) is another major stock exchange in India. The BSE is the oldest stock exchange in the continent of Asia and the third-largest stock exchange in the world. It lists more than 6,000 companies, making it one of the most comprehensive exchanges globally.
The National Stock Exchange of India (NSE) remains shut on stock exchange holidays and no trading takes place. However, on certain special occasions like Diwali, although it’s a trading holiday, the stock market operates for specific auspicious hours known as Muhurat trading. During this time, investors participate in symbolic trading to mark the occasion. Moreover, the NSE issues separate lists for different financial segments in order to ensure clarity and organization for traders and investors.
The list of holidays in share market issued by National Stock Exchange for the year 2024 is as follows :
The stock market holidays 2024 which fall on weekdays :
January 22, 2024 (Monday) – Special Holiday
January 26, 2024 (Friday) – Republic Day
March 8, 2024 (Friday) – Mahashivratri
March 25, 2024 (Monday) – Holi
March 29, 2024 (Friday) – Good Friday
April 11, 2024 (Thursday) – Eid-Ul-Fitr (Ramadan Eid)
April 17, 2024 (Wednesday) – Shri Ram Navmi
May 1, 2024 (Wednesday) – Maharashtra Day
May 20, 2024 (Monday) – General Parliamentary Elections
June 17, 2024 (Monday) – Bakra Eid
July 17, 2024 (Wednesday) – Muharram
August 15, 2024 (Thursday) – Independence Day
October 2, 2024 (Wednesday) – Mahatma Gandhi Jayanti
November 1, 2024 (Friday) – Diwali Laxmi Pujan ( Muhurat trading )
November 15, 2024 (Friday) – Gurunanak Jayanti
December 25, 2024 (Wednesday) – Christmas
The stock market holidays 2024 which fall on Saturday/Sunday:
April 14, 2024 (Sunday) – Dr. Baba Saheb Ambedkar Jayanti
April 21, 2024 (Sunday) – Shri Mahavir Jayanti
September 7, 2024 (Saturday) – Ganesh Chaturthi
October 12, 2024 (Saturday) – Dussehra
November 2, 2024 (Saturday) – Diwali-Balipratipada
The list of holidays in share market issued by Bombay Stock Exchange (BSE) for the year 2024 is as follows :
January 26, 2024 (Friday) – Republic Day
March 08, 2024 (Friday) – Mahashivratri
March 25, 2024 (Monday) – Holi
March 29, 2024 (Friday) – Good Friday
April 11, 2024 (Thursday) – Eid-Ul-Fitr (Ramzan Id)
April 17, 2024 (Wednesday) – Ram Navami
May 01, 2024 (Wednesday) – Maharashtra Day
May 20, 2024 (Monday) – General Elections (Lok Sabha)
June 17, 2024 (Monday) – Bakra Eid
July 17, 2024 (Wednesday) – MuharramJinnai Wealth Management
August 15, 2024 (Thursday) – Independence Day
October 02, 2024 (Wednesday) – Mahatma Gandhi Jayanti
November 01, 2024 (Friday) – Diwali * Laxmi Pujan
November 15, 2024 (Friday) – Guru Nanak Jayanti
December 25, 2024 (Wednesday) – Christmas
Share market holidays can have a significant influence on trading activities and market behavior. Understanding how these holidays affect trading is crucial for traders, as they can lead to changes in liquidity, volatility, and overall market sentiment.
Trading activities are suspended on share exchange holidays. This can often result in price gaps between the closing price and the opening price before and after the holiday respectively. These gaps can be significant, especially if there are major news events or developments over the holiday period. Moreover, the “holiday effect” is a commonly observed phenomenon where stock markets tend to see gains on the final trading day before a long weekend or holiday.
During trading holidays, trading volume decreases as many traders and individuals are inactive. With fewer buyers and sellers in the market, the liquidity of shares decreases and it becomes harder to conduct trades at desired prices.
There is a significant decrease in trading volume during holidays. With fewer trades being executed, even small buy or sell orders can have a larger impact on stock prices, leading to more price fluctuations and higher volatility.
Share market holidays can influence investor sentiment, leading to shifts in market mood and perceptionNew Delhi Investment. Positive or negative news events surrounding holidays can impact investor confidence and affect trading behavior when the market reopens.
Traders should prepare for upcoming share market holidays in advance in order to minimize risks and losses. They should be aware and informed about the list of holidays in the share market issued by the NSE on their website. Further, researching and analysing the potential impact on market volatility and liquidity can help traders make informed decisions and adjust trading strategies accordingly.
Using limit orders can allow traders to specify the price at which they are willing to buy or sell. This strategy helps to avoid unfavorable prices during periods of volatility and prevents losses.
Given the reduced trading volume and the unpredictable market conditions during holiday periods, traders should avoid overtrading. They should adhere to the pre-planned trading plan and execute trades only when a clear strategy is in place.
Traders should remain active and alert by regularly checking official announcements from the National Stock Exchange regarding any changes to trading schedules or special sessions. This helps avoid unexpected losses and disruptions.
During holiday trading sessions, the share market can be more unpredictable. Diversifying portfolios across different asset classes and sectors can help mitigate risk and protect investments against market volatility.
Traders should look out for official announcements from stock exchanges regarding any changes to trading schedules or special trading sessions including special sessions such as Muhurat trading.
During holidays, short-term market fluctuations may occur. However, it’s essential for traders to stay focused on their long-term investment objectives. They should avoid making impulsive decisions based on short-term market movements and price fluctuations.
When planning trading and investment activities around market holidays, traders must prepare in advance in order to mitigate risks and make informed decisions. By adjusting their trading strategies to the market conditions, traders can effectively tackle the challenges associated with volatility, liquidity, and price fluctuation during holidays. This approach can help them make effective use of the available opportunities while also minimizing potential losses.
Read these articles to learn about more about festive season & impact on stock markets:
Buying Stocks in October, November & December? Seasonal Patterns in Global & Indian Stock Markets
Festive Season Forecasts a Bright Spark for India’s Economic Revival
The ‘Holiday Effect’ and Its Influence on Indian Investment Markets
Market holidays can significantly impact trading decisions due to factors like reduced liquidity, increased volatility, changes in market sentiment, and potential price fluctuations. This increases the risk of losses, particularly if the traders are not prepared or if unexpected events occur during the holiday period.
To stay informed about unscheduled market closures, traders can check the NSE (National Stock Exchange) website for the NSE holiday list and any announcement related to it. The website provides real-time information about any unexpected closures or disruptions. Additionally, traders can also monitor financial news websites, trading platforms, and official regulatory sources for comprehensive coverage of market events.
Knowing share market holidays 2024 in advance will allow traders to plan their trades in advance and adjust their trading strategies accordingly. This will help them avoid potential disruptions and to manage risk more effectively.
Globally there is a phenomenon known as the “holiday effect” observed around holidays. This concept refers to the observed tendency of stock markets to experience gains on the final trading day before a long weekend or holiday.
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