Investors and traders buy and sell company shares on stock markets. In India, the two major stock exchanges where trading of listed securities take place are the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).
However, investors and traders can trade in stock markets only during a specific time on the days these stock markets are working. They have certain days as holidays during which trading cannot take place.
Muhurat trading is held every year on stock markets during the Diwali festival in India. It is a special one-hour trading session considered auspicious for trading in the markets. Traders and investors participate in the Muhurat trading session to obtain blessings for prosperity in the upcoming year.
The Muhurat trading will be conducted on 1 November 2024 on the auspicious day of Diwali-Laxmi Puja. The stock market is yet to notify the timings of Muhurat trading 2024.
BSE has been conducting Muhurat trading sessions since 1957, while the NSE started this tradition in 1992. Experts provide that since the Muhurat trading session is only for an hour, the market liquidity is low, and often volatile trading sessions are witnessed.
The list of Stock market holidays for 2024 is as follows:
Date | Day | Festival/Holiday Name |
26 January 2024 | Friday | Republic Day |
8 March 2024 | Friday | Mahashivratri |
25 March 2024 | Monday | Holi |
29 March 2024 | Friday | Good Friday |
11 April 2024 | Thursday | Id-Ul-Fitr (Ramadan Eid) |
17 April 2024 | Wednesday | Shri Ram Navami |
1 May 2024 | Wednesday | Maharashtra Day |
17 June 2024 | Monday | Bakri Id |
17 June 2024 | Wednesday | Moharram |
15 August 2024 | Thursday | Independence Day |
2 October 2024 | Wednesday | Gandhi Jayanti |
1 November 2024 | Friday | Diwali |
15 November 2024 | Friday | Gurunanak Jayanti |
25 December 2024 | Wednesday | Christmas |
Please note that stock markets will have a holiday on 20 May 2024 (Monday) due to Mumbai parliamentary elections.
Apart from the above-listed holidays, there are 5 additional festivals that are usually holidays for stock markets in India. However, these 5 festivals come on a Saturday and Sunday in 2024 and thus are a holiday by default as stock markets have a holiday on all Saturdays and Sundays.
Date | Day | Festival/Holiday Name |
14 April 2024 | Sunday | Dr. Baba Saheb Ambedkar Jayanti |
21 April 2024 | Sunday | Shri Mahavir Jayanti |
7 September 2024 | Saturday | Ganesh Chaturthi |
12 October 2024 | Saturday | Dussehra |
2 November 2024 | Saturday | Diwali-Balipratipada |
Conclusion
Conclusion
The list of stock market holidays will help traders and investors who trade in securities. This holiday list will help them plan their timing to trade on stock markets, mainly NSE and BSE, since there can be no trading on the days the stock markets have holidays.
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