India’s two major exchanges, the NSE and BSE are one of Asia’s largest exchanges. The indices of both markets are a measure of the performance of India’s economy and we can even see the impact of worldwide events like the Russia – Ukraine war reflect on the markets. But even during wars and pandemics, is the stock market closed on Saturday?
Now just like how we need a break on the weekends, so do the markets. Every year, both exchanges release their yearly holiday calendar, stating when the markets are closed for the year on account of different events and occasions like Independence Day, Christmas, Dusshera, EID, Good Friday, etc.
Is The Stock Market Closed On Saturday?
Indian stock markets operate from Monday to Friday throughout the year, from 9.15 a.m. IST to 3.30 p.m. IST. Except for special events and festivals, the markets are open five days a week.
So, no, the markets are not open on the weekends (Saturday and Sunday) in India (IST). You can take a look at the calendar for BSE and NSE below.
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The holidays falling on Saturday / Sunday are as follows:
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Can I Trade On Diwali?
The stock market remains closed on the occasion of Diwali during its scheduled timing of 9:15 AM to 3:30 PM. Though the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain suspended and you won’t be able to trade on Diwali during the regular timings
Although the markets are closed during regular trading time. The markets will open for one hour in the evening which is called muhurat trading. It is a symbolic and symbolic and old ritual that has been upheld and followed by the trading community for decades. It is thought that muhurat trading on Diwali brings n wealth and prosperity throughout the year. Muhurat trading will be conducted on both NSE & BSE for an hour between 6.30 and 7.30 pm
Also Read: What are Global Market Timings as per IST?
In Closing
It’s good to take a break after a long day of trading and investing. The markets are open five days a week, excluding Saturday and Sunday. So that answers the question if the stock market is open on a Saturday.
That’s all for the article “Is The Stock Market Closed On Saturday?”, Hope you liked it, do let us know your views in the comment section below. Also, check out our Blog section on investing & Trading for more interesting articles. Happy Investing!
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