Full List of Indian Stock Market Holidays: Are Indian Market Closed or Opened Today?

Full List of Indian Stock Market Holidays: Are Indian Market Closed or Opened Today?

If you are interested in working at Indian National Stock Exchange then you might know that the market remains closed on weekends i.e. Saturdays and Sundays. It has only five working days in a week i.e. Monday to Friday. Apart from weekends, the market will not work on the work on the following days.

Most of the trading in the Indian stock market takes place on its two stock exchanges: the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The BSE has been in existence since 1875. The NSE, on the other hand, was founded in 1992 and started trading in 1994. However, both exchanges follow the same trading mechanism, trading hours, and settlement process.

As of February 2020, the BSE had 5,518 listed firms, whereas the rival NSE had about 1,799 as of Dec. 31, 2019. Out of all the listed firms on the BSE, only about 500 firms constitute more than 90% of its market capitalization; the rest of the crowd consists of highly illiquid shares.

Almost all the significant firms of India are listed on both the exchanges. The BSE is the older stock market but the NSE is the largest stock market, in terms of volume. As such, the NSE is a more liquid market. In terms of market cap, they’re both comparable at about $2.3 trillion. Both exchanges compete for the order flow that leads to reduced costs, market efficiency, and innovation. The presence of arbitrageurs keeps the prices on the two stock exchanges within a very tight range.

Here’s the complete list of stock market holidays in 2024:

1) January 26, 2024: Friday, Republic Day

2) March 8, 2024: Friday, Mahashivratri

3) March 25, 2024: Monday, Holi

4) March 29, 2024 Friday, Good Friday

5) April 11, 2024: Thursday, Id-Ul-Fitr (Ramzan Id)

6) April 17, 2024: Wednesday, Shri Ram Navmi

7) May 1, 2024: Wednesday, Maharashtra Day

8) June 17, 2024: Monday, Bakri Id

9) July 17, 2024: Wednesday, Moharram

10) August 15, 2024: Thursday, Independence Day

11) October 2, 2024: Wednesday, Mahatma Gandhi Jayanti

12) November 1, 2024: Friday, Diwali Laxmi Pujan

13) November 15, 2024: Friday, Gurunanak Jayanti

14) December 25, 2024: Wednesday, Christmas

For trading in the Indian stock market, you need to be aware of the stock market timing. Trading in the stock market can only be taken place during a specific time interval in India.

As per the normal stock market timing, the market opens at 09:15 AM and closes at 03:30 PM. There is a pre-open session before 09:15 AM and a post-closing session after 03:30 PM. Here are the details of share market timing in India.

Holidays declared by the central government apply to both public and private banks. Banks remain closed on all Sundays including the second and fourth Saturday of each month.

Here is the list of bank holidays in Indian Stock Market 2022, which will help you in planning a number of things in your personal and professional lives.

You should note that Trading Holidays and Clearing Holidays are completely different terms. We have explained both. You may take a look.

* Trading Holiday: On these days, the market does not open and trading does not take place.

* Clearing Holidays: These are the days when banks are closed but the market is open. All trading is done but there is no settlement on these days.

India started permitting outside investments only in the 1990s. Foreign investments are classified into two categories: foreign direct investment (FDI) and foreign portfolio investment (FPI). All investments in which an investor takes part in the day-to-day management and operations of the company are treated as FDI, whereas investments in shares without any control over management and operations are treated as FPI.

For making portfolio investments in India, one should be registered either as a foreign institutional investor (FII) or as one of the sub-accounts of one of the registered FIIs. Both registrations are granted by the market regulator, SEBI.

Foreign institutional investors mainly consist of mutual funds, pension funds, endowments, sovereign wealth funds, insurance companies, banks, and asset management companies. At present, India does not allow foreign individuals to invest directly in its stock market. However, high-net-worth individuals (those with a net worth of at least $50 million) can be registered as sub-accounts of an FII.

Foreign institutional investors and their sub-accounts can invest directly into any of the stocks listed on any of the stock exchanges. Most portfolio investments consist of investment in securities in the primary and secondary markets, including shares, debentures, and warrants of companies listed or to be listed on a recognized stock exchange in India. FIIs can also invest in unlisted securities outside stock exchanges, subject to the approval of the price by the Reserve Bank of India. Finally, they can invest in units of mutual funds and derivatives traded on any stock exchange.

An FII registered as a debt-only FII can invest 100% of its investment into debt instruments. Other FIIs must invest a minimum of 70% of their investments in equity. The balance of 30% can be invested in debt. FIIs must use special non-resident rupee bank accounts in order to move money in and out of India. The balances held in such an account can be fully repatriated.

You can evaluate stocks through:

Technical analysis: This involves a minute examination of the market for intraday trading. Here you have to analyze a slew of factors like movement average, Regarding Strength Index (RSI), etc. You can use the trends, patterns, analysis, and reports provided by stockbroking companies to analyze the stock movements.

Fundamental analysis: Here, you can yourself study some key factors, like Returns on Equity, Earnings Yield, GP Margin, Debt to Equity Ratio, Interest Cover Ratio, Market Capitalisation, etc. This will provide you with greater clarity regarding stock prices.

The stock market closes on some UK holidays. Check out the full list of market holidays for LSE in 2022!

Canada Stock Market is closed on some official holidays in 2022. Check out the full list of holidays.

If you are looking to invest in the US stock market, below is a list of the 10 best online brokers for non-US residents.

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