The financial markets of India play a vital role in the overall economic stance, growth, and development of the nation. The Indian markets as we often name it include two stock exchanges, i.e. Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). These two exchanges are tasked with facilitating the overall sale/purchase and distribution of stocks, commodities, bonds, and other instruments. But these markets do not operate every day of the year. There are certain holidays as per the list of Indian market holidays 2023 and we here take a look at it below.
What happens during the NSE/BSE Holidays List?
When such holidays are marked, the market will not open for trading and investors cannot buy or sell shares or units of their investment. There are various festivals that make this trading holiday list which are mentioned below:
Indian Market Holidays 2023 List
| # | Holidays | Date | Day |
| 1 | Republic Day | January 26, 2023 | Thursday |
| 2 | Holi | March 07, 2023 | Wednesday |
| 3 | Ram Navami | March 30, 2023 | Thursday |
| 4 | Mahavir Jayanti | April 04, 2023 | Tuesday |
| 5 | Good Friday | April 07, 2023 | Friday |
| 6 | Dr.Baba Saheb Ambedkar Jayanti | April 14, 2023 | Friday |
| 7 | Maharashtra Day | May 01, 2023 | Monday |
| 8 | Id-ul-adha (Bakri Id) | June 29, 2023 | Thursday |
| 9 | Independence Day | August 15, 2023 | Tuesday |
| 10 | Ganesh Chaturthi | September 19, 2023 | Tuesday |
| 11 | Mahatma Gandhi Jayanti | October 02, 2023 | Monday |
| 12 | Dussehra | October 24, 2023 | Tuesday |
| 13 | Diwali | November 14, 2023 | Tuesday |
| 14 | Gurunanak Jayanti | November 27, 2023 | Monday |
| 15 | Christmas | December 25, 2023 | Monday |
Holidays that converge with Sunday/Saturday
| 1 | Mahashivratri | February 18, 2023 | Saturday |
| 2 | Id-UL-Fitr (Ramzan ID) | April 22, 2023 | Saturday |
| 3 | Moharram | July 29, 2023 | Saturday |
| 4 | Diwali-Laxmi Pujan* | November 12, 2023 | Saturday |
Note: As is with the tradition of conducting Muharat Trading on Diwali, the same will be conducted this year on Sunday, November 12, 2023. The timings of the Muharat Trading will be informed by the respective exchanges a few days before Diwali.
Also read: SENSEX Full Form: Stock Exchange Sensitive Index
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FAQs
How many trading holidays are there in 2023?
- There are a total of 119 days of holidays in the Indian markets in 2023. There are a total of 15 National holidays in 2023 along with 104 weekend offs including Saturday and Sunday making it 119 days of market closure in 2023.
What is the stock market holiday list?
- The stock market holiday list is a schedule of holidays when the markets will be closed. On these specific days, the stock exchanges will not operate and no trading of stocks and commodities can be done.
Where can I find the Indian market holiday list?
- The Indian market holiday list is published by both stock exchanges and is readily available across all major financial news platforms.
What is Muhurat Trading 2023?
- Muhurat trading is an auspicious trading occasion that is celebrated on the occasion of Diwali. The trading opens for an hour and traders can buy/sell stocks during this period.
