The national stock market and share prices in BSE and NSE always change depending on the market conditions. The share market volatility is also affected by the stock market holidays. This includes trading holidays as well as weekends. Trading holidays are important cultural and national holidays in India, like Ram Navami, Ganesh Chaturthi, Eid, and Guru Nanak Jayanthi. Having an idea of the stock market holidays in BSE and NSE and the trends in Nifty and BSE Sensex in previous years will help you plan for the holiday season in 2023.
All stock markets, including BSE and NSE, are subjected to seasonal changes during the holidays. Prices in the stock market can rise and fall during this time, depending on the number of active traders in the stock market. Many times market traders expect changes in the stock market owing to trends that happen when the stock markets remain closed. This can lead to the repetition of the previous BSE and NSE market trends.
BSE and NSE trading holidays are released by the respective agencies as a holiday list. The list indicates the trading holidays and clearing holidays for SLB, equity derivative, and equity segments. The holiday list for the commodity derivatives segment is also released by BSE and NSE.
The BSE and NSE stock markets remain closed every year on Dussehra. In 2022, this trading holiday was on October 5. Commodities trading remains closed from 9 am to 5 pm. The market trading on the day occurred between 5 pm and 11.30 pm. Let us have a brief look at the stock market behaviour, specifically BSE and NSE, to understand how holidays might affect stock market prices.
On the day before Dussehra, October 4, the benchmark BSE Sensex and broader NSE Nifty rebounded sharply, driven by solid gains in every sector. The data from NSE showed that both BSE and NSE indices increased by over 2%. This trend was also mirroring strong gains in the international market. Financial experts have said that the market trends for the past few years have shown dramatic gains after trading holidays in the month of October. They expect the same market trend after the trading holidays in October 2023 as well.
Gurunanak Jayanti, on November 8, was the last trading holiday of the Indian stock market in 2022 since Christmas fell on a Sunday. The previous month in October 2022, BSE and NSE had two trading holidays where they remained closed for the entire day. This included Dussehra and Diwali-Balipratipada. The stock market opened for one hour (Muhurat trading) on Diwali Laxmi Pujan and remained closed for trading the rest of the day.
The trading in the commodity segment was closed for the day's first half on Gurunanak Jayanti. The market benchmark Sensex increased amid a bullish trend in global stock markets. The BSE and NSE stock showed an advancing trend on Gurunanak Jayanti.
The stock market holidays when BSE and NSE remain closed in 2023 include:
The BSE and NSE trading holidays falling on Saturday and Sunday are:
Muhurat Trading takes place on Diwali - Laxmi Pujan in BSE and NSE. The date of Muhurat Trading in 2023 falls on 12th November. The trading will be for one hour, and both BSE and NSE will be closed for the rest of the day.
The BSE and NSE market trends happening during trading holidays like Gurunanak Jayanti of the previous years are important. This will give us an understanding of investor behaviour during these stock market holidays. You can make NSE and BSE stock market decisions based on these trends. Fi offers numerous investment options to individuals interested in the stock market. You can make short- and long-term stock market investments with the help of the Fi.Money app. Fi also offers Jump, a peer-to-peer investment tool that combats inflation. Jump enables you to get an annual return on investment of up to 9%. However, you should check out Fi's incredibly flexible Smart Deposit if you want to save money for a short-term goal and earn interest.
The second week of April is the shortest trading week in the Indian stock market in 2023. The stock market BSE and NSE will remain closed on April 04 on account of Mahavir Jayanti and on April 07 on account of Good Friday. Investors will be able to trade in the stock market only for three days.
The stock market BSE and NSE in India operate from 9.15 am to 3.30 pm on weekdays.
The national stock exchanges BSE and NSE are closed on Saturday and Sunday.