BSE holidays 2023

The Bombay Stock Exchange (BSE) is a prestigious stock exchange operating in India, with a listing of over 6000 companies. It holds the distinction of being the oldest stock exchange in Asia and ranks as the third-largest stock exchange globally.

BSE plays a crucial role in regulating and managing India's financial markets, effectively channeling idle resources into the country's economic growth. It offers a wide range of market data products, corporate data products, end-of-day (EOD) products, and other data products.

Trading on the BSE occurs from 9.15 a.m. to 3.30 p.m. on weekdays, while Saturdays and Sundays are designated as BSE holidays. Pre-market open trading takes place between 9.00 to 9.15 a.m. Additionally, several national holidays of cultural and religious significance are also observed as BSE trading holidays.

The BSE has published a separate holiday list for 2023, categorizing holidays based on trading sectors. Trading holidays signify no transactions on the Bombay Stock Exchange, while clearing holidays involve the purchase and sale of securities, with the postponement of financial transfers from investors to companies as banks remain non-functional on those days.

*Muhurat Trading, a special trading session held on Diwali - Laxmi Pujan, is scheduled for November 12, 2023. The specific timings for Muhurat Trading will be announced closer to the date.

*Please note that the Exchange retains the authority to modify any of the holidays mentioned above. In such cases, a supplementary circular will be issued with the revised information, ensuring market participants stay informed about any changes.

Muhurat Trading is a special and propitious event in the stock market that occurs for a duration of one hour during Diwali, one of India's most cherished festivals. It is regarded as an auspicious time for investors and traders to engage in trading activities. This year, Muhurat Trading is scheduled to take place on November 12, 2023. During this limited timeframe, individuals have the opportunity to make investments and initiate trades, with the belief that it may bring prosperity and good fortune throughout the year. The atmosphere during Muhurat Trading is festive and unique, as market participants embrace the spirit of Diwali while conducting their transactions.