Stock Market holidays in September 2024: BSE & NSE are closed for nine days, here's why

In September 2024, the stock market will have nine non-trading days. These include the usual four Saturdays and five Sundays when both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed. Unlike some previous years, there are no extra stock market holidays on weekdays this September.

No Weekday Holidays in September 2024

In September 2023, the stock market had an extra holiday on a weekday for Ganesh Chaturthi which was fall on Tuesday, September 19th. However, in 2024, Ganesh Chaturthi falls on Saturday, September 7th which is a weekend, which means there will be no additional holidays on weekdays that could impact the stock market. The BSE and NSE usually remain open almost every day of the year except for specific holidays.

Regular Trading Hours

Pre-Open Session:

• Order Entry and Modification: 09:00 AM to 09:08 AM
• Random Closure: This occurs during the last minute of the pre-open session.

Regular Trading Session:

• Normal and Limited Physical Market: Opens at 09:15 AM and closes at 03:30 PM

Closing Session:

• Time: 03:40 PM to 04:00 PM

Block Deal Session Timings

• Morning Window: 08:45 AM to 09:00 AM
• Afternoon Window: 02:05 PM to 02:20 PM

The pre-opening session allows investors to place, change, or cancel orders before the market officially opens. The post-closing session gives investors a chance to place orders at the closing price of the day.

BSE & NSE overview

In India, most stock trading takes place on two main stock exchanges: the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The NSE is the largest financial market in India and was ranked the 3rd biggest in the world for stock trading in 2022, according to the World Federation of Exchanges (WFE). This was an improvement from its 4th-place ranking the previous year.

India¡¯s stock market operates through these two key exchanges. The BSE, established in 1875, is Asia¡¯s oldest stock market, while the NSE, founded in 1992, is more recent.

The stock market in India is regulated by the Securities and Exchange Board of India (SEBI). SEBI ensures that trading is fair, transparent, and protects investors. It also supervises other financial markets in India, such as mutual funds and commodity markets.

Upcoming Stock Market Holidays in 2024

Looking ahead, here are some key stock market holidays for the remaining months of 2024:

• Gandhi Jayanti: The stock market will be closed on October 2, 2024, for Gandhi Jayanti.
• Diwali (Laxmi Pujan): On November 1, 2024, the market will hold a special trading session known as Muhurat trading to celebrate Diwali and Laxmi Pujan.
• Gurunanak Jayanti: The market will be closed on November 15, 2024, to celebrate Gurunanak Jayanti.
• Christmas: The stock market will be closed on December 25, 2024, for Christmas.

Recent Stock Market Performance

In the most recent trading session on Friday, the BSE Sensex and NSE Nifty continued to rise for the ninth straight session. This ongoing rally was driven by strong global market trends and increased foreign investment. The BSE Sensex gained 231 points, closing at an all-time high of 82,366, after reaching an intra-day peak of 82,637 with a 502-point surge. Similarly, the NSE Nifty closed at a record high of 25,235, rising by 84 points, and reached an intra-day high of 25,268 with a 116-point gain.

All about Ganesh Chaturthi 2024

Ganesh Chaturthi, one of the most important Hindu festivals, celebrates the birth of Lord Ganesha, who is known for his wisdom and as the remover of obstacles. During this ten-day festival, devotees bring home a small idol of Lord Ganesha and worship him for ten days, though some people may choose to do so for five or three days.

The festival is celebrated for various reasons in different parts of the world, but the most common reason is to honour the birth of Lord Ganesha on Ganesh Chaturthi. This festival is celebrated enthusiastically in states like Maharashtra, Karnataka, and Tamil Nadu.

Ganesh Chaturthi falls on the Chaturthi tithi of Shukla Paksha. This year, the festival will begin on Saturday, September 7, with Ganesh Visarjan taking place on Tuesday, September 17. The auspicious time for the Ganesh Chaturthi puja is from 11:03 am to 1:34 pm.

While September 2024 has no weekday stock market holidays, investors should be aware of the upcoming holidays later in the year to plan their trades accordingly. Being informed about stock market holidays in September 2024 will help you avoid missing any crucial trading opportunities.

Note: Details mentioned here are as per the information available.

For the latest and more interesting financial news, keep reading Indiatimes Worth. Click here