NSE, BSE and MCX Trading and Market Holiday Dates 2024

Introduction

Explore the dynamics of India's financial landscape in 2024 as we delve into the trading and market holiday calendars of three major stock exchanges: NSE (National Stock Exchange), BSE (Bombay Stock Exchange), and MCX (Multi Commodity Exchange). The NSE, standing as India's largest stock exchange and the 10th largest globally, operates seamlessly year-round with a market capitalization exceeding US$3.4 trillion. Meanwhile, BSE plays a pivotal role in managing resources for economic growth, observing trading hours from 9:15 a.m. to 3:30 p.m. on weekdays. This article unveils the intricacies of their holiday schedules, providing insights into trading interruptions and opportunities in 2024 for both equity and F&O segments.

Equity and F&O Trading/Stock Market Holiday Calendar for 2024:

Holidays falling on Saturday and Sunday:

Settlement Holidays for Equity and F&O Segments:

MCX Holidays:

The Multi Commodity Exchange of India (MCX) observes holidays throughout the year on occasions of cultural significance, national holidays, and weekends (Saturday and Sunday).

MCX stands as the largest commodities derivatives exchange in India, enabling online trading of commodity derivatives. Established in November 2003, it operates under the regulatory framework of the Securities and Exchange Board of India (SEBI).

Holidays falling on Saturday and Sunday:

The Exchange will announce the timings for Muhurat trading on November 1, 2024, at a later date. 

Please note the current trade timings:

1. Morning session: 9:00 AM to 5:00 PM

2. Evening session: 5:00 PM to 11:30/11:55 PM for non-agricultural commodities and 5:00 PM to 9:00 PM for select agricultural commodities (Cotton & Kapas).

Holidays for Settlement in the Currency Derivatives Segment - Calendar Year 2024

Muhurat Trading

Muhurat Trading is a special stock market trading event that takes place for one hour on Diwali, a widely celebrated festival in India. This year, Muhurat Trading is scheduled for November 1, 2024 (Friday).

Conclusion

In 2024, the trading calendar offers an intriguing mix of extended weekends and well-distributed holidays for the equity, equity derivative, and securities lending & borrowing (SLB) segments. March stands out with three strategically placed holidays around weekends, creating seven extended weekends throughout the year. Notably, April sees only two trading holidays, with key dates like Baba Saheb Ambedkar Jayanti and Mahavir Jayanti falling on Sundays. The subsequent months have fewer holidays, while key market dates include Mahatma Gandhi Jayanti, Diwali, Gurunanak Jayanti, and Christmas. Commodity markets observe five full-day trading holidays and, on other equity holidays, open for trading in the evening session. Overall, the 2024 market calendar strikes a balance between extended breaks and regular trading sessions.

You can review the circulars on the NSE, BSE, MCX and CDS websites.

Frequently Asked Questions

1. What is the total number of trading holidays in 2024?

For the year 2024, there are a total of 14 weekday holidays and 5 weekend holidays.

2. When will the Muhurat trade in 2024?

Muhurat Trading will be on November 01, 2024, on the occasion of Diwali.

3. What happens if a holiday coincides with the weekly expiry of equity options contracts?

If a holiday coincides with the weekly contract expiry day, then as per regulations, the NSE shifts the expiry to a day preceding the holiday.

4. What is the final stock market holiday in 2024?

 For the year 2024, Christmas, falling on December 25, will be the last stock market holiday or NSE market holiday.

5. What does a settlement holiday trade mean?

A Settlement holiday means the day when the markets remain open, but the depositories remain closed.