BSE Holidays

Bombay Stock Exchange(BSE) Holiday List 2019

Bombay stock exchange is one of the premier stock exchanges operating in India, listing more than 6000 companies. It is the oldest stock exchange established in the continent of Asia, and presently has a market capitalisation value of approximately US$ 2.2 trillion dollars.

BSE plays an important role in regulating and managing the financial markets of India, channelling idle resources into the economic growth of the country.

Trade in BSE occurs from 9.00 a.m. to 3.30 p.m. on weekdays, while Saturday-Sunday is observed as BSE holidays. Apart from the weekends, several national holidays having cultural and religious significance are also considered as BSE trading holidays.

Separate BSE holiday list 2019 has been published by this stock exchange based on trading sectors. Trading and clearing holidays have been segregated as well, wherein trading holidays constitute no transactions in Bombay stock exchange.

On days of clearing BSE holidays, on the other hand, purchase and sale of securities take place, but financial transfers of resources from investors to companies are postponed as banks remain non-functional on these days.

BSE holidays 2019 for any trade regarding equity transactions (equity securities, equity derivatives, stock lending and borrowing) are observed on the following days:

BSE holiday calendar for currency transactions can be demonstrated through the following table:

For investors looking to undertake transactions in debt securities, the following BSE holidays 2019 should be kept in mind:

For the commodity derivatives market, provisions for BSE trading holidays are met on the following days:

It should be noted that transactions of agricultural commodities can only be performed from 9.00 a.m. – 5.00 p.m. while standard items such as crude oil, metal, and gold bullion can be undertaken during evening session as well, from 5.00 p.m. 11.30 p.m.

Muhurat trading is practised on the day of Diwali (28th October 2019) in equity, currency, and commodity derivatives market from 5.00 p.m. – 6.30 p.m. as a way of honouring Goddess Lakshmi.

It has been observed that BSE Sensex (benchmark index of Bombay stock exchange) closes at a higher value on Diwali, as individuals consider it auspicious to undertake some form of investment venture on this auspicious day.