Holiday List for 2024 BSE NSE MCX and Banking Holidays

As we move into a new year, traders and investors begin to plan their financial activities for the year ahead. One important consideration in this planning process is the holiday schedule for financial markets and banks. Knowing when markets and banks will be closed is crucial for traders and investors to effectively manage their financial activities. We will provide a comprehensive list of holiday schedules for some of India’s major financial markets, including the Bombay Stock Exchange (BSE), the National Stock Exchange (NSE), the Multi Commodity Exchange (MCX), and bank holidays. This information will help traders and investors to effectively plan their financial activities for the year ahead and avoid any potential disruptions due to market closures.

Trading Holidays 2024

Sr.NoNational HolidayDateDay
1.Republic Day26-Jan-2024Friday
2.Maha Shivaratri08-Mar-2024Friday
3.Holi25-Mar-2024Monday
4.Good Friday29-Mar-2024Friday
5.EID AL FITR10-Apr-2024Wednesday
6.Ram Navami17-Apr-2024Wednesday
7.Maharashtra Day01-May-2024Wednesday
8.Id-ul-adha (Bakri Id)17-Jun-2024Monday
9.Muharram17-Jul-2024Wednesday
10.Independence Day15-Aug-2024Thursday
11.Mahatma Gandhi Jayanti02-Oct-2024Wednesday
12.Diwali-Laxmi Pujan *01-Nov-2024Friday
13.Gurunanak Jayanti15-Nov-2024Friday
14.Christmas25-Dec-2024Wednesday

The holidays falling on Saturday / Sunday 2024

Sr.NoNational HolidayDateDay
1.Dr.Baba Saheb Ambedkar Jayanti14-Apr-2024Sunday
2.Mahavir Jayanti21-Apr-2024Sunday
3.Ganesh Chaturthi07-Sep-2024Saturday
4.Dasara13-Oct-2024Sunday
5.Diwali Balipratipada02-Nov-2024Saturday

*Muhurat Trading will take place on Diwali, Laxmi Pujan, 01 November 2024.

BSE – Bombay Stock Exchange

BSE stands for Bombay Stock Exchange, which is the oldest stock exchange in Asia, located in Mumbai, India. It was established in 1875 and is now the world’s 10th-largest stock exchange by market capitalization.

The BSE provides a platform for trading in equities, derivatives, mutual funds, and currency. It plays a crucial role in the Indian economy as it provides a means for companies to raise capital and for investors to buy and sell securities.

The BSE operates on an electronic trading platform and has a set of rules and regulations that govern the trading of securities on its exchange. It is also responsible for ensuring the integrity of the market and protecting the interests of investors.

NSE – National Stock Exchange

NSE stands for National Stock Exchange, which is one of the leading stock exchanges in India. It is located in Mumbai and was established in 1992. The NSE is a platform for trading various financial instruments, such as equities, futures and options, and currency derivatives.

Similar to BSE, the NSE plays a vital role in the Indian economy by providing a transparent and efficient market for companies to raise capital, and for investors to buy and sell securities. It is regulated by the Securities and Exchange Board of India (SEBI) and has introduced several initiatives over the years to improve market infrastructure, such as the introduction of electronic trading and settlement systems. The NSE’s benchmark index, the Nifty 50, is widely used as a benchmark for the performance of the Indian stock market.

Trading Holidays for the Calendar Year 2023

Here is the list of trading holidays for 2023

S.No.HolidaysDateDay
1.Republic DayJanuary 26th, 2023Thursday
2.HoliMarch 07, 2023Tuesday
3.Ram NavamiMarch 30, 2023Thursday
4.Mahavir JayantiApril 04, 2023Tuesday
5.Good FridayApril 07, 2023Friday
6.Dr. Babasaheb Ambedkar JayantiApril 14, 2023Friday
7.Id -ul – fitrApril 21, 2023Friday
8.Maharashtra DayMay 01, 2023Monday
9.Id – ul- AdhaJune 28, 2023Wednesday
10.Independence DayAugust 15th, 2023Tuesday
11.Ganesh ChaturthiSeptember 19th, 2023Tuesday
12.Mahatma Gandhi JayantiOctober 2nd, 2023Monday
13.DussehraOctober 24th, 2023Tuesday
14.Diwali BalipratipadaNovember 14th, 2023Tuesday
15.Gurunanak JayantiNovember 27th, 2023Monday
16.ChristmasDecember 25th, 2023Monday

The holidays that occur on Saturday or Sunday are listed below.

S. No.HolidayDateDay
1.MahashivratriFebruary 18th, 2023Saturday
2.Id – ul- fitrApril 22nd, 2023Saturday
3.MuharramJuly 29th, 2023Saturday
4.Diwali Laxmi PujanNovember 12th, 2023Sunday

MCX – Multi Commodity Exchange

MCX stands for Multi Commodity Exchange, which is a commodity futures exchange located in Mumbai, India. It was established in 2003 and is one of the largest commodity derivatives exchanges in the world, trading in a variety of commodities such as metals, energy, agriculture, and bullion.

The MCX offers trading in futures contracts, which are agreements to buy or sell a specific commodity at a predetermined price and time in the future. The exchange provides a transparent and efficient platform for producers, traders, and investors to hedge their risks and manage their exposure to price fluctuations in the commodity markets.

The MCX is regulated by the Securities and Exchange Board of India (SEBI) and is known for its robust risk management and surveillance systems. Its benchmark commodity indices, such as the MCX Metal Index and MCX Energy Index, are widely used as barometers of commodity market performance in India.

Trading Holidays MCX

Here is the list of trading holidays for 2023 for MCX

S.No.S.No.DateDay
1.Republic DayJanuary 26th, 2023Thursday
2.HoliMarch 07, 2023Tuesday
3.Ram NavamiMarch 30, 2023Thursday
4.Mahavir JayantiApril 04, 2023Tuesday
5.Good FridayApril 07, 2023Friday
6.Dr. Babasaheb Ambedkar JayantiApril 14, 2023Friday
7.Id -ul – fitrApril 21, 2023Friday
8.Maharashtra DayMay 01, 2023Monday
9.Id – ul- AdhaJune 28, 2023Wednesday
10.Independence DayAugust 15th, 2023Tuesday
11.Ganesh ChaturthiSeptember 19th, 2023Tuesday
12.Mahatma Gandhi JayantiOctober 2nd, 2023Monday
13.DussehraOctober 24th, 2023Tuesday
14.Diwali BalipratipadaNovember 14th, 2023Tuesday
15.Gurunanak JayantiNovember 27th, 2023Monday
16.ChristmasDecember 25th, 2023Monday

Bank Holidays 2023

Here is the list of banking holidays for 2023

DateDayHoliday
14 January 2023SaturdaySecond Saturday
26 January 2023ThursdayRepublic Day
28 January 2023SaturdayFourth Saturday
11 February 2023SaturdaySecond Saturday
25 February 2023SaturdayFourth Saturday
8 March 2023WednesdayHoli
11 March 2023SaturdaySecond Saturday
25 March 2023SaturdayFourth Saturday
30 March 2023ThursdayRam Navami
4 April 2023TuesdayMahavir Jayanti
7 April 2023FridayGood Friday
8 April 2023SaturdaySecond Saturday
14 April 2023FridayDr. Ambedkar Jayanti
22 April 2023  SaturdayFourth Saturday
22 April 2023SaturdayId-ul-fitr
1 May 2023MondayMay Day/Labour Day
5 May 2023FridayBuddha Purnima
13 May 2023SaturdaySecond Saturday
27 May 2023SaturdayFourth Saturday
10 June 2023  SaturdaySecond Saturday
24 June 2023SaturdayFourth Saturday
29 June 2023ThursdayBakrid/Id-ul-Zuha
8 July 2023SaturdaySecond Saturday
22 July 2023SaturdayFourth Saturday
29 July 2023SaturdayMuharram
12 August 2023SaturdaySecond Saturday
15 August 2023TuesdayIndependence Day
26 August 2023SaturdayFourth Saturday
7 September 2023ThursdayJanmashtami (Vaishnva)
9 September 2023SaturdaySecond Saturday
23 September 2023SaturdayFourth Saturday
28 September 2023ThursdayMilad-un-Nabi or Id-e-Milad
2 October 2023MondayMahatma Gandhi Jayanti
14 October 2023SaturdaySecond Saturday
24 October 2023TuesdayDussehra
28 October 2023SaturdayFourth Saturday
11 November 2023SaturdaySecond Saturday
25 November 2023SaturdayFourth Saturday
27 November 2023MondayGurunanak Jayanti
9 December 2023SaturdaySecond Saturday
23 December 2023SaturdayFourth Saturday
25 December 2023MondayChristmas Day

FAQs – NSE BSE Holiday List

Can traders still place orders during bank holidays?

It depends on the specific market and the type of orders. Some markets may allow traders to place orders during bank holidays, while others may not.

How do bank holidays impact trading?

Bank holidays can have a significant impact on trading as they disrupt normal trading schedules and market operations. During bank holidays, trading volumes are typically lower, and market volatility may also be affected.

What are some common bank holidays that affect trading?

Some common bank holidays that affect trading include Christmas Day, New Year’s Day, and Easter Monday. Other holidays may vary depending on the country and market.

How do trading holidays impact traders?

Trading holidays can impact traders by disrupting normal trading schedules and reducing trading volumes. Traders may need to adjust their trading strategies and schedules accordingly.

Are there any specific trading strategies that traders use during trading holidays?

Yes, some traders may use specific strategies during trading holidays to take advantage of market closures and reduced trading volumes. For example, some traders may choose to focus on trading specific currency pairs or commodities during trading holidays.

Do trading holidays affect all financial instruments equally?

No, different financial instruments may be affected differently by trading holidays. For example, stock markets may be more impacted by trading holidays than currency markets.

Can trading holidays lead to extended closures?

Yes, in some cases, trading holidays may lead to extended market closures. This may occur due to unexpected events or disruptions to normal market operations.