List Of BSE Trading Holidays in 2023

Bombay Stock Exchange (BSE) holds the record of being the oldest stock exchange in the Asian subcontinent and the third biggest stock exchange in the world. 

On weekdays, trading occurs from 9:15 AM to 3:30 PM at this stock exchange. But weekends i.e. Saturdays and Sundays are considered holidays. BSE remains closed on several national holidays as well. 

In this blog, we will go through the BSE holidays in 2023. 

A Quick Overview of BSE Trading Holidays 2023 

Check the following table to take a quick glance at important information regarding BSE market holidays: 

BSE Holidays’ List for 2023 – Equity Segment, Equity Derivative Segment and SLB Segment –

Go through the following section to know more about the BSE holiday list 2023, with respect to the equity segment, equity derivative segment and SLB segment: 

Muhurat trading will take place on Diwali, November 12, 2023. The timings will be notified later. 

If the BSE changes any of the aforementioned holidays, it will inform people via a separate circulation.

Trading Holidays for the Calendar Year 2023 for the Commodity Derivatives Segment

Check the following section to get an idea about the BSE Sensex holidays for the commodity derivatives segment: 

Trading Holidays for the Calendar Year 2023 for the Currency Derivatives Segment and Interest Rate Derivatives Segment

Given below is the BSE holiday calendar for the currency derivatives and interest rate derivatives segments: 

BSE Trading Holidays in 2023 on Weekends 

Let’s take a look at BSE India holidays that falls on weekends :

Side Note

Muhurat trading takes place on Diwali. 

Also Read

List of NSE Holidays 2023

Bank Holidays 2023 in India – List of Bank Holidays

About Bombay Stock Exchange (BSE)

Bombay Stock Exchange was first established in 1875 as the Native Share and Stock Brokers’ Association. With around 6000 listed companies, BSE is at par with some of the other important stock exchanges such as the New York Stock Exchange, NASDAQ, London Stock Exchange, Japan and Shanghai Stock Exchange. 

BSE has played an important role in the development of capital markets in India such as the retail debt market. It has made significant contributions to the growth of the Indian corporate sector. 

Traders can trade in the BSE share market through a brokerage agency after paying a particular price.Traders who make large transactions in BSE receive preferential treatment in the form of direct investment access. Furthermore, this stock exchange uses the BOLT-Bombay Online trading platform for more efficient trading. 

Companies listed under BSE get the benefit of hassle-free capital generation, timely display of information, legal supervision, appropriate pricing rules and guarantee. 

Trading Hours of BSE in 2023

1. Pre-opening Timings 

• Order entry and modification open at 9:00 am during business days.
• Order entry and modification close at 9:15 am during business days.

2. Block Deal Session Trade Timings

• Block deal window in the morning starts at 9:15 am and shuts at 9:50 am.
• During this 35-minute window, traders can enter block deal orders (orders with a trading volume of at least 5,00,000 or ₹5 crore).

3. Timings of Regular Trade

• Market opens at 9:15 am during business days.
• Market closes at 3:30 pm during business days.

4. Closing Timing

• The market closes at 3:30 pm. The session between 3:30 pm to 3:40 pm is the closing hours.
• The VWAP (volume-weighted average price) is calculated for the trades that happened in the last 15 minutes before the market closes.

5. Post Close

The period between 3:40 pm and 4 pm is the post-market closing time. During this timeframe, bids for the next day’s trade are confirmed. That said, for the confirmation, there have to be adequate buyers and sellers in the stock market. 

About Muhurat Trading

Muhurat trading is a special trading session that Indian traders follow on the day of Diwali. It is conducted within one hour, which is specified by the stock exchange every year.

This year, Muhurat trading will be held on November 12, on the day of Diwali and Laxmi Puja:

According to certain beliefs, trading activities conducted during this time frame bring better possibilities of gaining prosperity and earning wealth around the year. Typically, this trading happens during the evening hours of Laxmi Puja or Diwali. Traders prefer buying stocks as an offering of gratitude towards Goddess Laxmi. 

This particular session entails five parts, namely:

1. Block Deal Session

This is where two trading parties decide to sell/buy a security at a fixed price. They notify the stock exchange later on about it.

2. Pre-open Session

This is when the stock exchange decides the equilibrium price.

3. Normal Market Session

This is the typical one-hour session during which all trading commences.

4. Call Auction Session

Market participants put orders to buy or sell at specific bid or offered (ask) prices, which are then batched together and matched at predetermined time intervals.

5. Closing Session

This is where investors/traders can put in a market order at the closing price.

Things to Remember Before Taking Part in Muhurat Trading

Upon knowing the BSE holiday list for 2022 and participating in trading activities during Muhurat trading, one must remember the following pointers:

• Open positions at the trading session’s end will lead to settlement obligations.
• Traders need to observe the support and resistance levels closely. Muhurat sessions result in a highly volatile market in no specific direction. 
• Investors must consider the company’s fundamentals before investing in its stock for a long-term period. Remember that this session brings along a lot of investor sentiments and rumours. 
• Investors planning to gain profit from a volatile stock must choose a stock featuring good volumes.
• Most importantly, remember that investing during the Muhurat session does not guarantee returns. Even if specific stocks perform well during Diwali, it does not mean that they will keep this momentum in the future as well.

Final Word

With over 7 crore registered users, BSE is one of the largest stock exchanges in the world. For regular traders, it is important to go through the BSE holiday list as the stock exchange remains closed on these days. Go through the BSE holidays 2023 and make better plans with regard to BSE trading. 

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