Stock Market Holidays 2024
- May 8, 2024
- 3341 Views
- by Manaswi Agarwal
The Indian stock market is constantly growing and achieving new heights each year. National Stock Exchange (NSE) in India has become India’s leading stock exchange by securing the 10th position as the largest stock exchange in the world. NSE conducts regular trading sessions of 6 hours and 15 minutes that start from 9:15 a.m. – 3.30 p.m. on weekdays. Saturdays and Sundays are observed as stock market holidays for trading in NSE, apart from that there are few more holidays in a year. The timings of commodities markets differ from the normal equity trading sessions.
Stock Market Holidays in 2024
Apart from Saturdays and Sundays, the stock market remains shut on national as well as cultural days. In 2024, the stock market holidays will be observed on the following days when trading sessions will not take place:
Date | Day | Holidays |
22-Jan-2024 | Monday | Special Holiday |
26-Jan-2024 | Friday | Republic Day |
08-Mar-2024 | Friday | Mahashivratri |
25-Mar-2024 | Monday | Holi |
29-Mar-2024 | Friday | Good Friday |
11-Apr-2024 | Thursday | Eid-Ul-Fitr (Ramadan Eid) |
17-Apr-2024 | Wednesday | Ram Navami |
01-May-2024 | Wednesday | Maharashtra Day |
20-May-2024 | Monday | Lok Sabha Elections |
17-June-2024 | Monday | Eid |
17-July-2024 | Wednesday | Moharram |
15-Aug-2024 | Thursday | Independence Day |
02-Oct-2024 | Wednesday | Mahatma Gandhi Jayanti |
01-Nov-2024 | Friday | Diwali Laxmi Pujan |
15-Nov-2024 | Friday | Gurunanak Jayanti |
25-Dec-2024 | Wednesday | Christmas |
Muhurat Trading
Muhurat trading is conducted on the auspicious occasion of Diwali, the most celebrated festival in India, where trading takes place for an hour. The timings for Muhurat Trading shall be declared as per the notification as it will be conducted on Friday, November 01, 2024.
Why is it important to know stock market holidays?
Investors are required to closely observe the stock market holidays to plan their trading strategies. These certain holidays provide investors a needed break as the stock exchanges are closed and to deeply understand the activities that have been taking place. Investors should plan their trading and settlement strategies during the holidays. They should plan ahead and be aware about the major stock market events that can have a significant impact on their portfolio.
Also Read: Pre-Opening Market Session
Effects of stock market holidays
Stock market is impacted in many ways because of the holidays as the market sentiments are changed, economic conditions and other geographical events. These factors impact the stock market in following ways:
Market Volatility
Trading volume is decreased during holidays because market participants are not active these days. Volatility is increased because of changes in trading volume because less number of trades has a larger impact on the prices of the stock.
Economic Data
The financial data released by the companies and the corporate action taken by them affects the market sentiments. Any crucial information released during holidays affects the market in the next trading session.
The Bottom Line
In the National Stock Exchange (NSE), there are cultural and national holidays in the Indian stock market. Investors regularly observe the changes in market sentiments and track NSE holidays to understand the market deeply and formulate strategies. Investors are advised to keep in touch with their financial advisors or mentors for better results in their portfolio. GTF offers mentorship support to the students to achieve heights in the stock market and excel completely in this area.
FAQs
Q1. Why is the stock market closed on 1st May 2024?
The stock market will remain shut on 1st May 2024 on the occasion of Maharashtra Day.
Q2. What happens when the expiry date of options overlaps a holiday?
When the expiry date of options overlaps a holiday then NSE shifts the expiry to a day before the holiday.
Q3. What is Muhurat Trading?
The stock market opens for an hour on the occasion of Diwali and this session of trading is known as Muhurat trading. In 2024, Muhurat trading will take place on 01 November 2024 and the timings will be notified accordingly.
Q4. What are the total numbers of trading holidays in 2024?
In 2024, the trading session will remain closed for a total of 14 weekdays and 5 days on Saturdays and Sundays.
Q5. What effects do holidays have on the stock market?
The stock market is affected by the holidays as it impacts the market sentiments as well as the trading volumes. Trading volumes are decreased that impacts the overall trading in the market.
Q6. Can I trade on the NSE on weekends?
Trading sessions are usually off on weekends which are Saturdays and Sundays. Trading sessions are conducted Monday-Friday during regular trading hours.