The only constant in the variable stock market is chaos. But, there are a few days when the stock market gets closed. When the stock market is closed, Equity Segment, Equity Derivative Segment, and SLB Segment are closed.
At Upmarket Academy, we understand that staying up-to-date with trading holidays is essential for successful trading. That’s why we are also providing a comprehensive list of stock market holidays for both the NSE and BSE exchanges on our website. We believe that keeping track of trading holidays can help traders plan their trading strategies and avoid unexpected market closures.
Additionally, our courses cover a wide range of topics related to trading, including market analysis, risk management, and trading psychology. By combining our list of trading holidays with our specialized training and education, traders can stay informed and confident in their trading decisions. So whether you are a beginner or an experienced trader, Upmarket Academy provides the resources you need to succeed in the stock market.
Read further to know about the holidays analyzed by Upmarket Academy
- Republic Day
Republic day is a government holiday in India. BSE and NSE will be closed on the 26 January every year. India marks and celebrates the date on which the Constitution of India came into effect on 26 January 1950. The domestic market will be closed. The equity derivative, Equity, and SLB segments will also be closed. According to the NSE’s official website, MCX is also closed.
Holi is one of the most widely celebrated Hindu festivals of colour. The Stock market will be closed on this day, and there will be no action in the equity segment. The date of the festival may change, but it is usually celebrated in March. It is one of the prominent holidays of the market and the busiest of the two buildings, BSE and NSE will be shut and stay silent for this colourful festival.
- Ram Navami
Ram Navami is one of the significant festivals in the Hindu religion. According to Hindu mythology, the day of Ramayana, written by Valmiki, marks the birth of the Hindu god, lord Rama, in the city of Ayodhya. The festival is celebrated throughout the country by the majority of the population; hence, the stock market will rest on 30 March every year.
- Mahavir Jayanti
Mahavir Jayanti is celebrated by Jains and is one of the important holidays in the Hindu Calendar. The day marks the birth of Mahavir Janma Kalyanak on 3 April every year. He is the 24th and the last Tirthankara of present Avasarpiṇī. The holiday sometimes occurs in March. The chaos in the Indian Stock exchanges is nil on this national holiday.
- Good Friday
India is a secular nation and hence, celebrates every holiday in the calendar. Good Friday is celebrated by Christians. It is a government holiday, so there will be no noise in the stock exchanges. Good Friday is a Christian holiday. It is the day that commemorates the crucifixion of Jesus and his death at Calvary. As a part of the Paschal Triduum, it is observed during the holy week. The holiday is known by several names, such as Holy Friday, Great Friday, Great and Holy Friday, and Black Friday.
- Dr. Baba Saheb Ambedkar Jayanti
B R Ambedkar is one of the most important historical personalities of India. He is the father of the Indian constitution and the man who restlessly fought against the caste segregation system in India. BSE and NSE are closed on 14 April every year to honour the birth of such a great man.
- Maharashtra Day
On May 1, the stock exchanges go to rest mode as the day marks the formation of Maharashtra. It is a state holiday and is also known as Maharashtra Din. The Bombay state was divided on 1 May 1960. The day is commonly associated with parades and ceremonies. In addition to the sophisticated ceremony by the state government, many public and private events will be conducted to commemorate the creation of the Marathi-speaking state of Maharashtra.
- Bakri Id
The stock markets are shut down on the country’s prominent religious holiday, Bakri Id. Eid al-Adha means a feast of sacrifice. It is the holiday of sacrifice. It is one of the two main holidays celebrated by Islam to honour the willingness of Abraham (Ibrahim) to sacrifice his son Ishmael (Ismail) as an act of obedience to God’s command. Sweets are given as gifts, and families visit each other’s homes. The holiday is also called Greater Eid.
The date of Eid usually varies from year to year. It shifts from 11 days earlier each year, according to the Gregorian Calendar.
- Independence Day
The stock markets paused on the day the country got its independence, Independence day. Indian independence day is celebrated every year on August 15th to commemorate India’s independence from British colonial rule in 1947.
The struggle for independence was long and tough, marked by many freedom fighters and political figures. And this day is recognized by the stock market as a day to respect the troubles that were taken before we got our independence.
- Ganesh Chaturthi
Ganesh Chathurthi is another prominent Hindu festival. It is celebrated throughout the country with great joy and pride. Mumbai city is world famous for its celebrations, and therefore, the stock exchange will not be chaotic as usual. The day of celebration varies from year to year. For example, the holiday might arrive in August or September.
- Mahatma Gandhi Jayanti
Mahatma Gandhi Jayanti is celebrated on October 2nd every year to celebrate the birth anniversary of Mahatma Gandhi, and on this day, the stock exchange will also not be functional. Gandhi was pivotal in India’s freedom struggle, leading a non-violent movement against British colonial rule.
It is recognized as a national holiday in India, and not only that, it is also recognized as the International Day of Non-Voilence by the United Nations.
Dussehra is one of the widely celebrated festivals in India, and on this day, the stock market also respects the people’s religious beliefs. Dussehra, also known as Vijayadashami, is a major Hindu festival celebrated in India and other parts of the world. It symbolizes the victory of good over evil.
Diwali-Balipratipada is the fourth day of the five-day fest of Diwali. This is also the festival day in which the stock market stops at the millions of stock exchanges. It is celebrated on the first day of the Hindu calendar month of Kartik, typically in October or November.
Today, people in some parts of India celebrate by performing puja rituals and offering prayers to Lord Vishnu and his consort, Goddess Lakshmi. It is also a time for family gatherings, feasting, and exchanging gifts.
- Gurunanak Jayanti
Gurunanak Jayanti, also known as Gururab, is a major Sikh festival celebrated nationwide. On this auspicious day, the stock exchange remains closed. It commemorates the birth anniversary of Guru Nanak Dev, the founder of Sikhism and the first of the ten Sikh gurus. The festival falls on the full moon day of Kartik month, typically in November.
Christmas is celebrated every year on December 25th on this day also the stock market all over the world. Since this is celebrated worldwide, almost all the stock exchange firms are not functional on this day.
The common tradition reflects one’s bonding with their family by gathering in a place and sharing a meal. Another way of celebrating this traditional day is by attending church and praying with their families and friends.