Stock Market Holidays 2023: With Dussehra Festivities on October 24, 2023, fast approaching, many are wondering whether the Indian stock market will remain open on this auspicious day. But there’s no need for stock market enthusiasts to fret, as all you need to do is check the complete list of stock market holidays.
You can check the ‘Trading Holidays’ section of a relevant website to see if the Indian stock market will be open on Dussehra in 2023. The complete list of stock market holidays for 2023 can be found by selecting the ‘Trading Holidays’ option. The BSE (Bombay Stock Exchange) website indicates that tomorrow’s market day, October 24, 2023, will in fact be a holiday.
The ‘Trading Holidays’ list states that on Tuesday, October 24, 2023, neither the BSE nor the NSE (National Stock Exchange) will conduct any trading. As a result, there won’t be any business transactions on Dussehra 2023 in the Indian stock market.
You can visit the official BSE website, bseindia.com, for the complete list of stock market holidays in 2023. There won’t be any trading activity in the equity, equity derivative, or SLB segments. Additionally, trading in the currency derivatives segment will be halted in observance of Maharashtra Day festivities.
Will there be trading in commodities on Dussehra?
During the morning session, trading will be suspended in the Electronic Gold Receipts (EGR) Segment and Commodity Derivative Segment from 9:00 AM to 5:00 PM. However, trading will start up again at 5:00 PM in the evening session. This means that from 9:00 AM to 5:00 PM, there won’t be any trading activity on the MCX (Multi Commodity Exchange) or NCDEX (National Commodity Exchange).
Stock Market Holidays in October 2023
Dussehra is the second of two stock market holidays planned for October 2023, according to the list of stock market holidays in 2023. For Mahatma Gandhi Jayanti, the Indian stock market was previously closed on October 2, 2023. Thus, the final October stock market holiday, Dussehra 2023, is quickly approaching.
In 2023, there will be three additional stock market holidays following Dussehra. In 2023, there will be three additional holidays: Guru Nanak Jayanti on November 27, 2023, and Diwali Balipratipada on November 14, both falling in November. Christmas will fall on December 25.
Due to the Dussehra festival, this week will be a shorter trading week on the stock markets. Dussehra, also known as Vijayadashami, is one of the most well-liked Hindu holidays observed in the nation. The Dussehra festival is celebrated each year with a holiday on the stock markets.
This year, on Tuesday, October 24, 2023, the stock markets will be closed in observance of Dussehra. Both the National Stock Exchange and the Bombay Stock Exchange will be closed in observance of Dussehra. The festival of Dussehra commemorates the triumph of good over evil.
