What is Diwali Muhurat in the stock market, you may ask?
Muhurat trading is a special trading activity that takes place in the Indian stock market on the auspicious occasion of Diwali, also known as Deepawali, which is one of the most significant and celebrated festivals for citizens of India. This festival, which symbolizes the triumph of light over darkness and good over evil, is not just a time for joyous celebrations, but also a period when many traders wholeheartedly believe that participating in Muhurat trading brings good luck and positive fortune for the entire year ahead. During this festive time, regular stock trading is paused to honor the celebrations, but Muhurat Trading is uniquely open for a brief yet meaningful one-hour window, allowing traders to mark the occasion with their investments and hopes for prosperity in the upcoming year.
NSE Holidays List 2024 – List of NSE Trading Holidays in India
NSE Holidays 2024: The National Stock Exchange (NSE) stands as India’s leading stock exchange, proudly claiming the title of the largest in the nation. Its global prominence is underscored by its position as the 10th largest stock exchange in the world, with a market capitalization that surpasses US$ 3.4 trillion.
With remarkable operational efficiency, the NSE provides seamless trading services year-round. On weekdays, trading occurs from 9:15 a.m. to 3:30 p.m., allowing traders a generous timeframe of 6 hours and 15 minutes to execute their transactions. It’s worth noting that the NSE pauses trading activities on Saturdays and Sundays, giving participants a well-deserved break from the hustle and bustle of the market.
In addition to the standard weekend closures, the NSE’s holiday schedule also recognizes various national and cultural festivities. In 2024, trading will be suspended on several noteworthy occasions, allowing the trading community to celebrate and reflect during these special times.
NSE Holidays in India 2024
Date | Day | NSE Holidays |
22 Jan 2024 | Monday | Special Holiday |
26 Jan 2024 | Friday | Republic Day |
08 Mar 2024 | Friday | Mahashivratri |
25 Mar 2024 | Monday | Holi |
29 Mar 2024 | Friday | Good Friday |
11 Apr 2024 | Thursday | Id-Ul-Fitr (Ramadan Eid) |
17 Apr 2024 | Wednesday | Shri Ram Navami |
01 May 2024 | Wednesday | Maharashtra Day |
20 May 2024 | Monday | General Parliamentary Elections |
17 Jun 2024 | Monday | Bakra Eid |
17 Jul 2024 | Wednesday | Moharram |
15 Aug 2024 | Thursday | Independence Day |
02 Oct 2024 | Wednesday | Mahatma Gandhi Jayanti |
01 Nov 2024 | Friday | Diwali Laxmi Pujan |
15 Nov 2024 | Friday | Gurunanak Jayanti |
25 Dec 2024 | Wednesday | Christmas |
NSE Market Timings 2024
Equity trading takes place throughout the week, excluding weekends and designated holidays. The trading schedule is organized as follows:
A) Pre-open session
Orders can be entered or modified starting at 09:00 and ending at 09:08, with a brief one-minute pause before the matching of pre-open orders begins.
B) Regular trading session
The market is available for standard and limited physical trading from 09:15 until 15:30.
C) Closing Session
This session runs from 15:40 to 16:00.
D) Block Deal Session Timings:
Morning Window: Active from 08:45 to 09:00.
Afternoon Window: Active from 14:05 to 14:20.
It is important to remember that the Exchange holds the authority to modify trading hours or close the market on unscheduled holidays as needed.