Have you wondered why the stock market throughout the nation goes silent on certain days? When you are all set to go with charts open, there is no movement from NSE. As India’s leading stock exchange, the NSE plays an important role in our financial system. Let’s look into this blog to know more about the holidays for NSE and other details.
National Stock Exchange
NSE stands for the National Stock Exchange of India. It was established in 1992 as one of India’s largest stock exchanges. They operate on electronic, screen-based trading systems that provide efficient and transparent customer trading platforms. The Securities and Exchange Board of India (SEBI), the country’s capital markets regulator, regulates it.
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NSE Holiday In 2024
The NSE plans to take either a full day off or just the morning hour on a few days. The tables below show the list of the days:
Full-day holiday list
| Date | Holiday |
| 26 January | Republic Day |
| 25 March | Holi |
| 29 March | Good Friday |
| 1 May | Maharashtra Day |
| 15 August | Independence Day |
| 2 October 2024 | Mahatma Gandhi Jayanti |
| 2 November | Diwali-Balipratipada |
| 25 December | Christmas |
Morning off
| Date | Holiday |
| 8 March | Maha Shivratri |
| 15 November | Guru Nanak Jayanti |
| 1 November | Diwali |
| 13 October | Dussehra |
| 7 September | Ganesh Chaturthi |
| 17 June | Eid-ul-Adha |
| 17 July | Muharram |
| 10 April | Id-ul-Fitr |
| 14 April | Dr. Baba Saheb Ambedkar Jayanti |
| 17 April | Ram Navami |
| 21 April | Mahavir Jayanti |
Weekend Holiday
| Date | Day | Holiday |
| 14 April | Sunday | Dr. Baba Saheb Ambedkar Jayanti |
| 21 April | Sunday | Mahavir Jayanti |
| 7 September | Saturday | Ganesh Chaturthi |
| 13 October | Sunday | Dussehra |
| 2 November | Saturday | Diwali |
Note: Muhurat Trading will be conducted on Friday, November 01, 2024. Timings of Muhurat Trading shall be notified subsequently.
Trading Holiday 2024
Here is the table that contains a list of holidays for trading:
| Date | Day | Holiday |
| 26 January 2024 | Thursday | Republic Day |
| 7 March 2024 | Tuesday | Holi |
| 30 March 2024 | Thursday | Ram Navami |
| 4 April 2024 | Tuesday | Mahavir Jayanti |
| 7 April 2024 | Friday | Good Friday |
| 14 April 2024 | Friday | Ambedkar Jayanti |
| 1 May 2024 | Monday | Maharashtra Day |
| 29 Thursday 2024 | Thursday | Bakri Id |
| 15 August 2024 | Tuesday | Independence Day |
| 19 September 2024 | Tuesday | Ganesh Chaturthi |
| 2 October 2024 | Monday | Mahatma Gandhi Jayanti |
| 24 October 2024 | Tuesday | Dussehra |
| 14 November 2024 | Tuesday | Diwali |
| 27 November 2024 | Monday | Guru Nanak Jayanti |
| 25 December 2024 | Monday | Christmas Day |
Note: *The Indian stock market has declared a holiday on 20th May 2024 on account of the parliamentary election.
*NSE will conduct a special live trading session on 2 March 2024 with the intra-day switchover from the primary site to the disaster recovery site. We will conduct this session in 2 phases
Also Read: Multi Commodity Exchange (MCX) Holidays
Importance To Know About The NSE Holiday
Knowing about the NSE (National Stock Exchange) holidays is important for many reasons:
- Trading schedule: The NSE has a defined trading calendar with specific holidays and trading days. Investors and traders need to be aware of these holidays to plan their trading activities accordingly.
- Market liquidity: Holidays can impact the overall market liquidity and trading volumes by closing stock exchanges.
Investors need to factor in the holiday schedules when executing their trading strategies.
| Current Point | Relevance to NSE Holidays |
| T+1 Settlement Cycle | On NSE holidays, the settlement process is delayed, affecting the timing of cash flows and financial planning for traders and investors. |
| Government’s Push for Digital Trading | NSE holidays pause the market activity, impacting digital transactions and stock trading momentum, particularly for retail investors. |
| Introduction of ‘Green Bonds’ on NSE | Trading and liquidity of green bonds may be affected by NSE holidays, especially given the global focus on sustainable investments. |
| Global Market Integration | NSE holidays can impact global investors involved in cross-border trading, leading to potential delays in transaction processing and market access. |
- Corporate actions: Many corporate actions like dividend payments, stock splits, etc. that are announced and executed based on the NSE trading calendar. Investors need to be aware of the holidays to track such corporate events.
- Investment decisions: Investors often make investment decisions based on market movements and news flow. Knowing the NSE holiday schedule helps them from time to time with their investment decisions appropriately.
- Compliance and regulatory requirements: Listed companies link certain regulatory filings and compliance requirements to the NSE trading calendar.
Also Read: Bombay Stock Exchange (BSE) Holidays
To Wrap Up
Being aware of the NSE holiday calendar is crucial for anyone participating in the Indian stock market. The NSE holidays have a significant impact on trading activities, market liquidity, corporate actions, investment decisions, compliance requirements, and overall risk management. Investors, traders, and market professionals need to closely track the NSE holiday schedule to plan their trading strategies, execute transactions, and meet regulatory obligations effectively. Overlooking the NSE holidays can lead to missed opportunities, increased risks, and potential compliance issues.
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Frequently Asked Questions
Q. What if a holiday falls on the weekly expiry of equity options contracts?
A. If a holiday falls on the weekly expiry of equity options contracts, the expiry is typically moved to the previous trading day.
Q. What will be the last stock market holiday in 2024?
A. The last stock market holiday in 2024 will be Christmas Day on December 25th.
Q. What does a settlement holiday trade mean?
A. Settlement holiday trade occurs when the market is open, but a holiday delays the settlement process.
Q. What is the total number of trading holidays in 2024?
A. The total number of trading holidays in 2024 varies by exchange, but major stock exchanges like NYSE and NASDAQ typically observe around 10-12 holidays per year.
Q. What days are the stock market closed in 2024?
A. The stock market closes on major holidays, including New Year’s Day, Martin Luther King Jr. Day, Presidents’ Day, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day, among others.
