After an exciting and eventful 2022, it’s time for Indian stock market investors to usher in the new year 2023. To be well-planned and prepared for this year, investors must know the upcoming stock market holidays in 2023. These have already been announced by the major Indian stock exchanges, BSE and NSE.
Here’s a look.
NSE and BSE trading holidays in 2023
The table below has details of the dates on which the NSE and BSE will remain closed for trading in 2023. These are applicable specifically for Equity Segment, Equity Derivative Segment and SLB Segment:
| Sr. No | Holidays | Date | Day |
| 1 | Republic Day | January 26, 2023 | Thursday |
| 2 | Holi | March 08, 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 28, 2023 | Wednesday |
| 9 | Independence Day | August 15, 2023 | Tuesday |
| 10 | Ganesh Chaturthi | September 19, 2023 | Tuesday |
| 11 | Mahatma Gandhi Jayanti | October 02, 2023 | Monday |
| 12 | Dasara | October 24, 2023 | Tuesday |
| 13 | Diwali Balipratipada | November 14, 2023 | Tuesday |
| 14 | Gurunanak Jayanti | November 27, 2023 | Monday |
| 15 | Christmas | December 25, 2023 | Monday |
The above-mentioned are national and cultural holidays in 2023 other than weekend holidays.
List of stock market holidays 2023 – falling on Saturdays and Sundays
These are the Indian stock market holidays falling on Saturday/Sunday:
| S.No. | Holidays | Date | Day |
| 1. | Mahashivratri | February 18, 2023 | Saturday |
| 2. | Id-Ul-Fitr (Ramzan Id) | April 22, 2023 | Saturday |
| 3. | Muharram | July 29, 2023 | Saturday |
| 4. | Diwali Laxmi-Pujan | November 12, 2023 | Sunday |
List of settlement holidays – equity and F&O
The table below has details of the dates on which settlement will not be done by stock exchanges in 2023. These are applicable specifically for Equity Segment, Equity Derivative Segment and SLB Segment:
| Sr. No | Holidays | Date | Day |
| 1 | Republic Day | January 26, 2023 | Thursday |
| 2 | Holi | March 08, 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 28, 2023 | Wednesday |
| 9 | Independence Day | August 15, 2023 | Tuesday |
| 10 | Ganesh Chaturthi | September 19, 2023 | Tuesday |
| 11 | Mahatma Gandhi Jayanti | October 02, 2023 | Monday |
| 12 | Dasara | October 24, 2023 | Tuesday |
| 13 | Diwali Balipratipada | November 14, 2023 | Tuesday |
| 14 | Gurunanak Jayanti | November 27, 2023 | Monday |
| 15 | Christmas | December 25, 2023 | Monday |
What is NSE?
National stock exchange or NSE is India’s largest stock exchange and also the 10th largest in the world. It commands a market capitalization of over $3.4 trillion.
NSE allows traders and investors to carry out seamless trading/investing across the year. The stock exchange is open for trading on weekdays between 9.15 a.m.–3.30 p.m. This is about 6 hours and 15 minutes of stock market action.
NSE is closed for trading every week on both Saturdays and Sundays for the equity, equity derivative and SLB segments.
What is BSE?
Bombay Stock Exchange or BSE is India’s and Asia’s oldest stock exchange. Established back in 1875, today BSE is the 11th largest stock exchange globally in terms of market capitalisation. The Bombay Stock Exchange has about 6,000 listed companies and has a heavy influence on the country’s financial infrastructure.
Similar to NSE, BSE allows trading between 9.15 a.m. – 3.30 p.m on weekdays. It remains closed every week on Saturdays and Sundays.
What is Muhurat Trading?
Muhurat Trading is a special trading session that is held on the auspicious occasion of Diwali. During this session, trading is allowed for an hour. Diwali is one of India’s widely celebrated festivals.
In 2023, Muhurat Trading will be conducted by NSE and BSE on November 12, 2023. The timings of Muhurat trading are released later in the year by both the stock exchanges.
Conclusion
2023 will likely be an exciting year for Indian stock markets. Investors are waiting to see how strong the domestic economy will be amid global recessionary fears. By taking a look at the stock market holidays of 2023, investors and traders can be well-planned and prepared for the entire year.
FAQs
Yes, Muhurat Trading is conducted every year on the auspicious day of Laxmi Pujan on Diwali.
NSE and BSE are open on weekdays from Monday to Friday and closed on Saturdays and Sundays. Apart from these, the stock market is also closed on specific holidays as per the list shared by each exchange at the start of the year.
9am to 9.15am is known as the pre-market session on NSE and BSE. During these 15 minutes, the first 8 minutes are meant for order entry, collection, modification, and cancellations. The next 7 minutes involve matching of orders, trade confirmation before a smooth transition into routine market hours.
You can buy stocks after trading hours, however, the trade will be executed only on the following day once the markets open for regular trading.
