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Complete List Of Stock Market Holidays In 2023

Updated on: Dec 15th, 2023

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Indian stock market will have a total of 15 holidays in 2023, more than 2022, which had 13 holidays. Some months have no holiday, such as February, and some have the highest number of holidays, such as April. Here, you will get a complete list of stock market holidays in 2023. 

Was the share market open on 1 January 2023?

1 January 2023 was a Sunday. The Indian share market usually remains closed on Saturdays and Sundays. So, the stock market was not open on 1 January this year.

When will be the Muhurat trading in 2023?

“Muhurat” translates into auspicious time, and Indian traders follow this trend of Muhurat trading on Diwali every year. This is a one-hour duration that traders consider to be favourable for trading for equity investments. Stock exchanges specify this hour every year. 

BSE and NSE Muhurat trading will take place on 12 November 2023 from 06:15 p.m. to 07:15 p.m. 

Is Saturday and Sunday holiday for the stock market?

Indian stock markets, i.e. BSE and NSE, remain closed on Saturday and Sunday. No trading takes place on weekends. Four holidays are falling on Saturdays and Sundays in 2023. These are – Mahashivratri on 18 February, Id-Ul-Fitr (Ramzan ID) on 22 April, Moharram on 29 July, and Diwali-Laxmi Puja on 12 November. However, Muhurat trading will take place on 12 November. 

On what days is the market closed in 2023?

There are a total of 15 stock market holidays in 2023. They are as follows: 

  • BSE and NSE holidays in January 2023

Republic Day - 26 January 2023, Thursday 

  • BSE and NSE holidays in March 2023

Holi – 07 March 2023, Tuesday 

Ram Navami – 30 March 2023, Thursday 

  • BSE and NSE holidays in April 2023

Mahavir Jayanti - 04 April 2023, Tuesday 

Good Friday - 07 April 2023, Friday 

Dr. Baba Saheb Ambedkar Jayanti - 14 April 2023, Friday 

  • BSE and NSE holidays in May 2023

Maharashtra Day - 01 May 2023, Monday 

  • BSE and NSE holidays in June 2023

Bakri Id - 28 June 2023, Wednesday 

  • BSE and NSE holidays in August 2023

Independence Day – 15 August, Tuesday 

  • BSE and NSE holidays in September 2023

Ganesh Chaturthi - 19 September 2023, Tuesday 

  • BSE and NSE holidays in October 2023

Mahatma Gandhi Jayanti - 02 October 2023, Monday 

Dussehra - 24 October 2023, Tuesday 

  • BSE and NSE holidays in November 2023

Diwali-Balipratipada - 14 November 2023, Tuesday 

Gurunanak Jayanti - 27 November 2023, Monday 

  • BSE and NSE holidays in December 2023

Christmas – 25 December 2023, Monday 

There are a total of 18 stock market holidays 2023 if the Saturdays and Sundays are included in the list. There are no holidays in February and July. 

Frequently Asked Questions 

What will happen if a holiday overlaps with the weekly expiry day of the equity options contract? 

As per the guidelines, if a holiday overlaps with the weekly expiry of the equity options contract, the stock market will shift the expiry date to the next working day following the holiday. 

What is meant by a settlement holiday trade? 

On settlement holidays, the stock market remains open, but any settlement of trade does not take place as per the regular T+2 cycle. Depositories (NSDL or CDSL) or banks stay closed on that day. 

Which will be the last stock market holiday in 2023?

The last stock market holiday will be on 25 December, Monday in 2023. 

Does the Indian stock market stay functional during Durga Puja?

Yes, the Indian stock market stays functional during Durga Puja unless the days overlap with Saturdays and Sundays. But it stays closed on Dussehra, which falls on 24 October, Tuesday in 2023. 

Do NCDEX and MCX follow the stock market holidays? 

Yes, NCDEX and MCX follow the stock market holidays. The government integrated them into SEBI in the 2016 Union Budget. 

Is New Year’s Eve a holiday for NCDEX and MCX? 

No, New Year’s Eve is not a holiday for NCDEX and MCX. The last holiday for these exchanges falls on 25 December 2023, Christmas Day. 

Related Articles:
1. Stock Market Holidays 2024

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Quick Summary

Indian stock market has 15 holidays in 2023. Muhurat trading is on 12 Nov. Weekends are off. Last holiday in 2023 is on 25 Dec.

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