Last Updated on Apr 17, 2023 by Harshit Singh
In India, out of the 365 days in a year, there are several holidays. However, when it comes to the stock market, there are only a few trading holidays. All days of the week, except Saturdays and Sundays, are considered business days in the stock market, with trading and investing taking place from Monday to Friday. However, there may be trading holidays announced in advance by the exchanges. Both the NSE and the BSE in India publish a yearly list of trading holidays, including for the year 2023. Let’s take a look at them.
Table of Contents
List NSE holidays (2023)
S.No. | Holidays | Date | Day |
1 | Republic Day | 26th January 2023 | Thursday |
2 | Holi | 7th March 2023 | Tuesday |
3 | Ram Navami | 30th March 2023 | Thursday |
4 | Mahavir Jayanti | 4th April 2023 | Tuesday |
5 | Good Friday | 7th April 2023 | Friday |
6 | Dr.Baba Saheb Ambedkar Jayanti | 14th April 2023 | Friday |
7 | Id-ul-fitr (Ramzan Id) | 22nd April 2023 | Saturday |
8 | Maharashtra Day | 1st May 2023 | Monday |
9 | Id-ul-adha (Bakri Id) | 28th June 2023 | Wednesday |
10 | Independence Day | 15th August 2023 | Tuesday |
11 | Ganesh Chaturthi | 19th September 2023 | Tuesday |
12 | Mahatma Gandhi Jayanti | 2nd October 2023 | Monday |
13 | Dussehra | 24th October 2023 | Tuesday |
14 | Diwali Balipratipada | 14th November 2023 | Tuesday |
15 | Gurunanak Jayanti | 27th November 2023 | Monday |
16 | Christmas | 25th December 2023 | Monday |
Note: The NSE, or National Stock Exchange, has approximately 20 trading holidays in a year. However, if any of these holidays fall on a Saturday or Sunday, they do not count as trading holidays, as the stock market is closed on weekends. In 2023, 16 trading holidays fall on weekdays, meaning that on these days, all trading activities will be halted.
Below is the NSE holidays list for 2023 falling on Saturdays or Sundays –
S.No. | Holidays | Date | Day |
1 | Mahashivratri | 18th February 2023 | Saturday |
2 | Id-Ul-Fitr (Ramzan Id) | 22nd April 2023 | Saturday |
3 | Muharram | 29th July 2023 | Saturday |
4 | Diwali Laxmi-Pujan | 12th November 2023 | Sunday |
List BSE holidays (2023)
S.NO. | Holidays | Date | Day |
1 | Republic Day | 26th January 2023 | Thursday |
2 | Holi | 7th March 2023 | Tuesday |
3 | Ram Navami | 30th March 2023 | Thursday |
4 | Mahavir Jayanti | 4th April 2023 | Tuesday |
5 | Good Friday | 7th April 2023 | Friday |
6 | Dr.Baba Saheb Ambedkar Jayanti | 14th April 2023 | Friday |
7 | Maharashtra Day | 1st May 2023 | Monday |
8 | Bakri Id | 28th June 2023 | Wednesday |
9 | Independence Day | 15th August 2023 | Tuesday |
10 | Ganesh Chaturthi | 19th September 2023 | Tuesday |
11 | Mahatma Gandhi Jayanti | 2nd October 2023 | Monday |
12 | Dussehra | 24th October 2023 | Tuesday |
13 | Diwali Balipratipada | 14th November 2023 | Tuesday |
14 | Gurunanak Jayanti | 27th November 2023 | Monday |
15 | Christmas | 25th December 2023 | Monday |
Note: The BSE, or Bombay Stock Exchange, has published a separate holiday list for 2023, categorized based on trading sectors. This includes separate lists for trading holidays and clearing holidays. Trading holidays indicate days when no transactions occur in the Bombay Stock Exchange.
Below is the BSE holidays list for 2023 falling on Saturdays or Sundays –
S.No. | Holidays | Date | Day |
1 | Mahashivratri | 18th February 2023 | Saturday |
2 | Id-Ul-Fitr (Ramzan Id) | 22nd April 2023 | Saturday |
3 | Muharram | 29th July 2023 | Saturday |
4 | Diwali Laxmi-Pujan | 12th November 2023 | Sunday |
Conclusion
Every year, these two leading stock exchanges of India publish a list of trading holidays. Other than all Saturdays and Sundays, which are holidays by default, all exchange activities in the stock market are closed on these days. Knowing these days is essential as you can plan your year if you know on which days the stock market will be closed.
FAQs
What are NSE and BSE?
NSE and BSE are two of India’s leading stock exchanges. A stock exchange is an organized platform or market where you can sell and buy the shares of listed companies. These are the markets where the stock is traded. There are two leading stock exchanges in India – NSE (National Stock Exchange) and the BSE (Bombay Stock Exchange).
The National Stock Exchange, or NSE, is India’s largest stock exchange. If we go by the equity traded volume, it is the fourth largest stock exchange globally. It was established in 1992 and is based in Mumbai. The first screen-based trading system of India began from here.
On the other hand, the Bombay Stock Exchange, or BSE, is much older than its counterpart. The BSE was established in 1875 and was Asia’s first stock exchange. The trading speed of BSE is 6 microseconds, making it the world’s fastest stock exchange.
What is Muhurat trading?
Even though Diwali is technically a trading holiday, something really special happens on the day of Diwali. There is an auspicious window of one hour in which trading is open on that day. This one-hour-long trading on the day of Diwali is called Muhurat trading. Even though this is more like a ritual than actual trading, people like to trade at this hour as they think it’s auspicious.
What is the share market opening time in India?
The share market opening time is 9 AM, and the closing time is 3 PM.
Is there a difference between NSE’s share market holiday list and BSE?
In 2023, there are 16 trading holidays for NSE and 15 trading holidays for BSE, excluding weekend holidays.
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