National Stock Exchange(NSE) Holiday List in India 2019
NSE (National stock exchange) is India’s largest stock exchange, with a market capitalisation value of US$. 2.7 trillion. NSE is open for trading from 9.15 a.m. – 3.30 p.m. (normal session) on weekdays. NSE trading holidays are observed on both Saturdays and Sundays.
Apart from weekends, specific national and cultural holidays fall under NSE holiday list. Trading NSE holidays 2019 are observed on the following occasions:
|1.||Republic day||26th January|
|4.||Ram Navami||13th April|
|5.||Ambedkar Jayanti||14th April|
|6.||Mahavir Jayanti||17th April|
|7.||Good Friday||19th April|
|8.||Lok Sabha elections||29th April|
|11.||Bakr- Eid||12th august|
|12.||Independence Day||15th august|
|13.||Ganesh Chaturthi||2nd September|
|15.||Gandhi Jayanti||2nd October|
|17.||General Assembly elections in Maharashtra||21st October|
|19.||Guru Nanak Jayanti||12th November|
NSE holidays are also observed on days when banks are closed for processing transactions. Such days are known as clearing NSE holidays when the stock exchange is open for trading, but not settlement of any purchase or sell orders.
NSE India holidays for clearing of trade requests can be listed as follows:
|1.||Chhatrapati Shivaji Maharaj Jayanti||19th February|
|2.||Republic day||26th January|
|5.||Annual closing||1st April|
|6.||Ram Navami||13th April|
|7.||Ambedkar Jayanti||14th April|
|8.||Mahavir Jayanti||17th April|
|9.||Good Friday||19th April|
|10.||Lok Sabha elections||29th April|
|13.||Bakr- Eid||12th august|
|14.||Independence Day||15th august|
|15.||Ganesh Chaturthi||2nd September|
|17.||Gandhi Jayanti||2nd October|
|19.||General Assembly elections in Maharashtra||21st October|
|21.||Guru Nanak Jayanti||12th November|
Even though Diwali is observed as one of NSE India holidays, an hour of ‘Muhurat trading’ is conducted. NSE remains open for trading between 5.00 p.m. to 6.30 p.m. for this purpose, as transactions made during time is considered to be auspicious.
It has been observed that Nifty (NSE benchmark index) closes at a higher value on this day, as trade volume is significantly high. Individuals undertake some form of investment in the stock market on this day, as a method of honouring Goddess Lakshmi.
Apart from NSE holidays, trade is conducted every single day in the stock market from 9.00 a.m. to 3.30 p.m. This is also known as the normal or continuous session, as no breaks are allotted to the traders’ present. A pre-opening and post-closing session is also followed in the national stock exchange, wherein orders can be modified or withdrawn if placed in a specific time frame.
An opening session can be divided into three major segments, such as:
- 9.00 a.m. – 9.08 a.m.
Any trade at previous day’s closing price can be placed. Orders for purchase or sale of securities can be modified in this phase.
- 9.08 a.m. 9.12 a.m.
Limiting the order system is followed to determine opening price at which securities will be traded in the normal session. No modifications are allowed in this time period.
- 9.12 a.m. – 9.15 a.m.
This time is utilised to ensure a smooth transition between the opening and normal session. No orders can be placed or during this tenure as well.
Standard transactions take place during a normal session. After the market closes for the day at 3.30, closing prices are determined at which bids can be placed from 3.30 p.m. to 3.40 p.m.
Investors can easily purchase or sell securities during this time on weekdays, barring NSE holidays. While retail customers have to employ online brokerage agencies for any trade, institutional investors can transact through block deals at the time during trading hours in NSE.