If you are an investor or trader in the stock market, it is important to mark your calendar with the stock market holidays and market closures. In April 2023, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), the two major stock exchanges in India, will be following a total of 15 annual holidays.
In April, there will be three stock market holidays falling on the 4th of April, the 7th of April, and the 14th of April. As per the stock exchanges holidays list in April 2023, trading at BSE and NSE will remain suspended on 4th April 2023 for Mahavir Jayanti. On 7th April 2023, the stock market will remain closed for Good Friday, whereas on 14th April 2023, the stock market will remain closed for Dr. Baba Saheb Ambedkar Jayanti.
In addition to the above-mentioned holidays, the stock market exchanges also remain closed on weekends, i.e. Saturdays and Sundays. Therefore, investors and traders need to plan their trading activities accordingly.
It is important to note that on account of Ram Navami, there was no activity of trading in the stock market on 30th March 2023. As per the information available on the official BSE website, trading on BSE and NSE will remain closed for the entire session on Tuesday i.e. 30th March 2023 for the Ram Navami festival. As per the list of stock market holidays in March 2023, this was the second stock market holiday. On 7th March 2023, trading in BSE and NSE was closed for the Holi festival.
Investors and traders must keep themselves informed about stock market holidays and market closures to avoid any inconvenience while trading. It is advisable to plan your trading activities and investments well in advance, taking into account the holidays and market closures. Keeping an eye on the stock market holiday list for the year is one of the best ways to stay informed about market closures and plan your trading activities accordingly.
Knowing the stock market holidays and market closures in advance can help investors and traders to plan their trading activities, avoid any inconvenience, and make informed decisions about buying and selling stocks. In India, the stock market holidays are determined by the Securities and Exchange Board of India (SEBI) and the exchanges follow the list of holidays accordingly.
In April 2023, there will be three stock market holidays. On 4th April, the stock market will remain closed for Mahavir Jayanti, which is a religious holiday celebrated by the Jain community in honor of Lord Mahavir, the 24th Tirthankara. On 7th April, the stock market will remain closed for Good Friday, which is a Christian holiday commemorating the crucifixion of Jesus Christ. On 14th April, the stock market will remain closed for Dr. Baba Saheb Ambedkar Jayanti, which is a public holiday in India to honor the birth anniversary of Dr. Bhimrao Ambedkar, the chief architect of the Indian Constitution and a prominent social reformer.
Apart from these three holidays, the stock market will remain closed on Saturdays and Sundays as per the regular schedule. It is also important to note that in case of any unforeseen circumstances or emergencies, the stock exchanges may also declare unscheduled holidays.
Investors and traders should also be aware of the trading timings on the days when the stock market is open. The regular trading hours for the stock market are from 9:15 AM to 3:30 PM, from Monday to Friday. However, there may be specific timings for different segments of the market, such as the currency derivatives segment, commodity derivatives segment, and equity derivatives segment.
In conclusion, knowing the stock market holidays and market closures in advance is crucial for investors and traders to plan their trading activities and make informed decisions. By keeping themselves informed about the stock market holiday list, they can avoid any inconvenience and maximize their profits in the stock market.