Stock Market Holidays 2024: Plan Your Trades Around the Calendar
Navigating the stock market Holidays requires strategic planning, and knowing when the exchanges are closed is crucial for informed decision-making. This guide dives deep into the 2024 stock market holiday calendar for three major Indian exchanges: Bombay Stock Exchange (BSE), National Stock Exchange (NSE), and Multi Commodity Exchange (MCX). Additionally, we’ll explore the special tradition of Muhurat trading during Diwali.
Table of Contents
BSE & NSE Holidays:
Both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) follow similar holiday calendars, with closures on:
- Weekends: Both exchanges are closed on Saturdays and Sundays throughout the year.
- National Holidays: Major national holidays like Republic Day (January 26), Independence Day (August 15), and Gandhi Jayanti (October 2) are non-trading days.
- Festivals: Certain festivals like Holi (March 25), Diwali Laxmi Pujan (November 1), and Eid-ul-Fitr (April 11) are also holidays.
MCX Holidays:
The Multi Commodity Exchange (MCX) follows a slightly different holiday calendar, with additional closures on certain days. For the complete MCX holiday list, please refer to the official exchange website.
Stock Market Holidays 2024 List
Market | National Holiday | Date | Day | Morning Session | Evening Session |
---|---|---|---|---|---|
BSE, NSE, MCX | Special Holiday | Jan 22, 2024 | Monday | Closed | Closed |
BSE, NSE, MCX | Republic Day | Jan 26, 2024 | Friday | Closed | Closed |
BSE, NSE, MCX | Mahashivratri | Mar 8, 2024 | Friday | Closed | Closed |
BSE, NSE, MCX | Holi | Mar 25, 2024 | Monday | Closed | Closed |
BSE, NSE, MCX | Good Friday | Mar 29, 2024 | Friday | Closed | Closed |
BSE, NSE, MCX | Id-Ul-Fitr (Ramadan Eid) | Apr 11, 2024 | Thursday | Closed | Closed |
BSE, NSE, MCX | Dr. Baba Saheb Ambedkar Jayanti | Apr 14, 2024 | Sunday | Closed | Closed |
BSE, NSE, MCX | Shri Mahavir Jayanti | Apr 21, 2024 | Sunday | Closed | Closed |
BSE, NSE, MCX | Shri Ram Navmi | Apr 17, 2024 | Wednesday | Closed | Closed |
BSE, NSE, MCX | Maharashtra Day | May 1, 2024 | Wednesday | Closed | Closed |
BSE, NSE | Bakri Id | Jun 17, 2024 | Monday | Closed | Closed |
BSE, NSE | Moharram | Jul 17, 2024 | Wednesday | Closed | Closed |
BSE, NSE, MCX | Independence Day/Parsi New Year | Aug 15, 2024 | Thursday | Closed | Closed |
BSE, NSE | Ganesh Chaturthi | Sep 7, 2024 | Saturday | Closed | Closed |
BSE, NSE | Dussehra | Oct 12, 2024 | Saturday | Closed | Closed |
BSE, NSE, MCX | Mahatma Gandhi Jayanti | Oct 2, 2024 | Wednesday | Closed | Closed |
BSE, NSE, MCX | Diwali Laxmi Pujan | Nov 1, 2024 | Friday | Open | Closed |
BSE, NSE, MCX | Gurunanak Jayanti | Nov 15, 2024 | Friday | Closed | Closed |
BSE, NSE, MCX | Christmas | Dec 25, 2024 | Wednesday | Closed | Closed |
Muhurat Trading:
Diwali, the festival of lights, holds a special significance for Indian investors. On the auspicious day of Laxmi Pujan, a unique one-hour trading session called Muhurat trading takes place. This session is considered auspicious for initiating new investments and is believed to bring prosperity in the coming year. The BSE and NSE announce the specific timings for Muhurat trading in advance.
Dates for 2024:
- NSE: November 1st, 5:45 PM – 6:30 PM
- BSE: November 1st, 6:15 PM – 7:15 PM
Timing may vary slightly across exchanges, so check official websites for updates.
FAQs – Stock Market Holidays 2024
1. What happens to open positions during holidays?
Ans. Open positions remain active and will be settled on the next trading day.
2. Can I place orders during holidays?
Ans. Order placement is generally not allowed during market closures.
3. Where can I find the latest holiday calendar?
Ans. Official websites of BSE, NSE, and MCX provide updated calendars.
4. Can I trade on holidays?
Ans. No, regular trading activity is suspended on all exchange holidays. However, Muhurat trading offers a limited opportunity on Diwali Laxmi Pujan.
5. Do stock prices get affected by holidays?
Ans. Holidays can sometimes impact market sentiment and lead to price fluctuations upon reopening. Stay informed about global and domestic news during holidays to anticipate potential shifts.
6. What alternative activities can I pursue during market closures?
Ans. Use the time to learn about new investment strategies, attend webinars, network with other investors, or simply take a break to recharge.