BSE Commodity Holidays
List of trading holidays for the calendar year 2024.
| Sr.No | Holidays | Date | Day | Morning session | Evening session |
|---|---|---|---|---|---|
| 1. | Republic Day | January 26, 2024 | Friday | Closed | Closed |
| 2. | Mahashivratri | March 08, 2024 | Friday | Closed | Open |
| 3. | Holi | March 25, 2024 | Monday | Closed | Open |
| 4. | Good Friday | March 29, 2024 | Friday | Closed | Closed |
| 5. | Id-Ul-Fitr (Ramadan Eid) | April 11, 2024 | Thursday | Closed | Open |
| 6. | Shri Ram Navmi | April 17, 2024 | Wednesday | Closed | Open |
| 7. | Maharashtra Day | May 1, 2024 | Wednesday | Closed | Open |
| 8. | Bakri Eid | June 17, 2024 | Monday | Closed | Open |
| 9. | Moharram | July 17, 2024 | Wednesday | Closed | Open |
| 10. | Independence Day | August 15, 2024 | Thursday | Closed | Closed |
| 11. | Mahatma Gandhi Jayanti | October 02, 2024 | Wednesday | Closed | Closed |
| 12. | Diwali Laxmi Pujan | November 01, 2024 | Friday | Closed | Open |
| 13. | Guru Nanak Jayanti | November 15, 2024 | Friday | Closed | Open |
| 14. | Christmas | December 25, 2024 | Wednesday | Closed | Closed |
*Note:
*Muhurat Trading will be conducted. Timings of Muhurat Trading shall be notified subsequently.
What is BSE?
The BSE is one of Asia’s oldest stock exchanges. It was established in 1875, and is located in Mumbai. It is home to the 'Sensex,' one of India's most widely followed stock market indices. It lists various financial products, including equities, fixed-income securities, derivatives, and ETF units.
Trading Holidays
The Bombay Stock Exchange (BSE) observes several trading holidays each year. These holidays are either national and regional festivals or government holidays. The BSE entirely directs these holidays, and it may change the list of holidays for which a circular will be issued in advance.
Keep in mind that holiday dates can vary from year to year. Further, trading holidays can vary amongst different segments, such as equity, currency and commodity markets. Therefore, it’s crucial to keep an eye on the trading holidays of each segment and plan the trades accordingly.
Trading Session
Trading in the commodities derivatives segment at BSE is divided into two parts:
Morning Session: 9:00 a.m. – 5:00 p.m.
Evening Session: 5:00 p.m. – 11:30/11:55 p.m.
Except for Saturdays and Sundays, trading occurs every day of the week.
Settlement Holiday
A settlement holiday is when the settlement of financial transactions in a securities market does not happen. During a settlement holiday, the clearing and settlement processes are suspended and put on hold for that day. No securities or funds are exchanged between the buyers and sellers, although an individual can withdraw the fund from their trading account. Settlement holidays are often observed for various reasons, including public holidays and market-specific events.
Muhurat Trading
'Muhurat Trading' means a special trading session held in the Indian stock markets on the auspicious festival of Diwali. The practice of Muhurat trading was initially started by BSE in 1957. The term 'Muhurat' means auspicious beginning. Investors and traders throughout the country offer prayers to Goddess Laxmi and Lord Ganesha.
On the day of Diwali, Muhurat trading is held during a specific time in the evening. The exact timing for the same is fixed by the stock exchanges in India, and generally, it lasts for an hour. Both equity and derivatives segments are open for trading during Muhurat trading.
