Stock market holidays in October: BSE, NSE to remain shut on these days

Stock market holiday in October 2023: The domestic equity market will remain closed for a total of 11 days in October, including Saturdays and Sundays. Stock exchanges BSE and NSE will remain closed on October 2 for Gandhi Jayanti and October 24 for Dussehra. Trading across the equity, equity derivatives, and securities lending and borrowing (SLB) segments will be unavailable on these days.

Stock market holidays in October 2023

• Mahatma Gandhi Jayanti: Monday, October 2
• Dussehra: Tuesday, October 24

Will the commodities market also observe holidays on these days?

Multi Commodity Exchange (MCX) will remain closed for both the morning and evening sessions on October 2, and only for the morning session on October 24, according to its website, MCXIndia.com. MCX conducts morning sessions from 9 am to 5 pm and evening sessions from 5 pm to 11:30/11:55 pm.

Stock market holidays in November 2023

Similarly, the equity market will observe two holidays in November. These are: Diwali and Guru Nanak Jayanti.

• Diwali Balipratipada: Tuesday, November 14
• Guru Nanak Jayanti: Monday, November 27

The exchanges will conduct a special, one-hour-long ‘muhurat’ trading session on November 12. The exchanges are yet to announce the schedule of muhurat trading this year.

What is ‘muhurat’ trading?

Bourses BSE and NSE hold a special session to mark the festival of Diwali. This special session each year celebrates the onset of a New Year as per the Vikram Samvat or Vikrami calendar, which is about 56-57 years ahead of the Gregorian calendar, Many traders believe that gains made this session bring prosperity and wealth during the course of the year ahead.

Stock market holidays in 2023: A complete list

Here’s a list of 15 total holidays in calendar year 2023, as listed on the BSE website, BSEIndia.com:

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