NSE (National stock exchange) is the largest stock exchange in India. it is the first stock exchange to start a digital trading system in the country. Many Indians prefer NSE to invest in stocks and earn through it. If you are also considering investing, you need to know about the nse holidays to map out your investment accordingly. Read further to know about the numerous holidays considered by NSE.
- NSE Trading holidays: NSE operates smooth and continuous trading facilities throughout the year. It is available for trading from Monday to Friday and inaccessible on the weekends, i.e. Saturday and Sunday. Apart from that, the market remains closed on some specific national, cultural and public holidays. On the national holidays of India, like Republic day and Independence day, the exchange stays shut. Also, the stock markets are not be opened on the birth anniversaries of some dignitaries of the country, such as Mahatma Gandhi and Dr B.R Ambedkar. Traders cannot access the trading site on these days. There are different communities in the country and have their festivities, viz Mahashivratri, Holi, Ram Navami, Mahavir Jayanti, Good Friday, Eid-UL-Fitr (Ramzan Eid), Bakri Eid, Muharram, Ganesh Chaturthi, Dussehra, Diwali Laxmi-Pujan, Diwali-Balipratipada, Gurunanak Jayanti and Christmas. NSE remains off during these occasions. It also stays closed on Maharashtra Day, as the NSE head office is located in the state of Maharashtra. Before entering the world of trading, it would a smart idea to know about holidays.
- Trading holidays on weekends: As you already know, NSE stays open from 9.15 AM – 3.30 PM to provide 6 hours 15 minutes trading time on weekdays and does not work on Saturdays and Sundays. But sometimes holidays fall on the weekends and reduce non-trading days. For instance, if Mahashivratri falls on Saturday or Diwali Laxmi-Pujan is on Sunday, two vital days are going to be decreased from a financial year. And it opens a window for stock investors and brokers to invest and earn more.
- Muhurat trading: Muhurat trading is a ritual for traders to invest on the auspicious day of Diwali Laxmi-Pujan. Despite being a holiday, NSE opens their portal only for some time, as investors believe that trading at this time may have brought prosperity and wealth to their life. In this limited time, the exchange market mostly provides a block deal session for 15 minutes, a pre-open session for 8 minutes, 1 hour of normal market session, a call auction session for 45 minutes and a closing session for 10 minutes. It is an ideal time to buy or sell your stocks since the prices are at their best. The national stock exchange allows traders and investors, experienced and beginners to get the advantage of an entire Muhurat hour for trading.
The Indian stock market exchange, NSE, has its own Holiday Calendar for trading. It would be beneficial for you to decide the trading strategies if you keep a note of holidays. Before starting online trading, find the best broker who can assure you to convey more value for your money. There is a plethora of online trade brokers, but you can blindly trust 5paisa, as they can provide a paperless demat account to invest in several products.