Stock Market Holidays 2025


NSE

Holidays Date Day
Maha Shivratri February 26, 2025 Wednesday
Holi March 14, 2025 Friday
Id-ul-Fitr (Ramzan ID) March 31, 2025 Monday
Mahavir Jayanti April 10, 2025 Thursday
Dr. Baba Saheb Ambedkar Jayanti April 14, 2025 Monday
Good Friday April 18, 2025 Friday
Maharashtra Day May 1, 2025 Thursday
Independence Day August 15, 2025 Friday
Ganesh Chaturthi August 27, 2025 Wednesday
Dusshera/ Mahatma Gandhi Jayanti October 2, 2025 Thursday
Diwali-Laxmi Pujan October 21, 2025 Tuesday
Diwali-Balipratipada October 22, 2025 Wednesday
Guru Nanak Jayanti November 5, 2025 Wednesday
Christmas December 25, 2025 Thursday

Share Market holidays that fall on Saturday or Sunday in year 2025

Holidays Date Day
Republic Day January 26, 2025 Sunday
Ram Navami April 6, 2025 Sunday
Eid-ul-Adha June 7, 2025 Saturday
Muharram July 6, 2025 Sunday

The major Indian stock exchanges will remain closed on national and state holidays, known as trading holidays or share market holidays. These days, we see a suspension of all market transactions, significantly impacting trading strategies and potential profits or losses for the financial year. Anticipated for 2025 are a total of 14 non-trading days due to festivals and other holidays. March 2025 is expected to lead with 3 non-trading days, followed by April 2025 and November 2025, each featuring 2 non-trading holidays. Notably, February and September have no trading holidays except for weekends.

The National Stock Exchange (NSE) observes trading holidays on both national and state holidays, with the holiday schedule being released at the start of each year. Muhurat Trading for the year 2025 is scheduled for Friday, November 1, with the exact timing to be announced soon.

Trading on the NSE follows specific timings:
  • Pre-open session: Orders can be entered and modified between 9:00 am and 9:08 am.
  • Regular trading hours: From 9:00 am to 3:30 pm.
  • Closing Session: From 3:40 pm to 4:00 pm.
  • Block Deal Sessions: Morning window from 8:45 am to 9:00 am and afternoon window from 2:05 pm to 2:20 pm.

BSE

Holidays Date Day
Maha Shivratri February 26, 2025 Wednesday
Holi March 14, 2025 Friday
Id-ul-Fitr (Ramzan ID) March 31, 2025 Monday
Mahavir Jayanti April 10, 2025 Thursday
Dr. Baba Saheb Ambedkar Jayanti April 14, 2025 Monday
Good Friday April 18, 2025 Friday
Maharashtra Day May 1, 2025 Thursday
Independence Day August 15, 2025 Friday
Ganesh Chaturthi August 27, 2025 Wednesday
Dusshera/ Mahatma Gandhi Jayanti October 2, 2025 Thursday
Diwali-Laxmi Pujan October 21, 2025 Tuesday
Diwali-Balipratipada October 22, 2025 Wednesday
Guru Nanak Jayanti November 5, 2025 Wednesday
Christmas December 25, 2025 Thursday

Share Market holidays that fall on Saturday or Sunday in year 2025

Holidays Date Day
Republic Day January 26, 2025 Sunday
Ram Navami April 6, 2025 Sunday
Eid-ul-Adha June 7, 2025 Saturday
Muharram July 6, 2025 Sunday

The major Indian stock exchanges will remain closed on national and state holidays, known as trading holidays or share market holidays. These days, we see a suspension of all market transactions, significantly impacting trading strategies and potential profits or losses for the financial year. Anticipated for 2025 are a total of 14 non-trading days due to festivals and other holidays. March 2025 is expected to lead with 3 non-trading days, followed by April 2025 and November 2025, each featuring 2 non-trading holidays. Notably, February and September have no trading holidays except for weekends.

Trading holidays at the Bombay Stock Exchange (BSE) coincide with national and state holidays. Similar to the NSE, the BSE releases a comprehensive list of holidays at the start of each year, aiding investors, brokers, agents, and stakeholders in planning their activities. The BSE holiday list for 2025 has also been published, covering the Equity Segment, Equity Derivative Segment, and SLB Segment.

Muhurat Trading for 2025 is scheduled for November 1st, coinciding with Diwali – Laxmi Pujan. Specific timings for Muhurat Trading will be communicated later. It's noteworthy that the Exchange reserves the right to modify any of the mentioned holidays, with prior notice through separate circulars.


MCX

Holidays Date Day Morning Session Evening Session
New Year Day 1st January Wednesday Open Closed
Mahashivratri 26th February Wednesday Closed Open
Holi (2nd Day) 14th March Friday Closed Open
Good Friday 18th April Friday Closed Closed
Maharashtra Day 1st May Thursday Closed Open
Bakra Eid 7th June Saturday Closed Open
Independence Day/Parsi New Year 15th August Thursday Closed Closed
Mahatma Gandhi Jayanti 2nd October Thursday Closed Closed
Diwali Laxmi Pujan 21st October Tuesday Closed Open
Guru Nanak Jayanti 5th November Wednesday Closed Open
Christmas 25th December Thursday Closed Closed

The Multi Commodity Exchange of India (MCX) observes trading holidays on national holidays and religious festivals. At the beginning of each year, MCX releases an updated list of holidays to assist traders and stakeholders in planning their activities. For the year 2025, MCX has published the MCX holiday list 2025, urging traders to keep it handy for making informed trading decisions.


Clearing / Settlement

Holidays Date Day
Chhatrapati Shivaji Maharaj Jayanti 19th February 2025 Wednesday
Mahashivratri 26th February 2025 Wednesday
Holi 14th March 2025 Friday
Ramzan-Id (Id-Ul-Fitr) 31st March 2025 Monday
Annual Bank Closing 01st April 2025 Tuesday
Mahavir Jayanti 10th April 2025 Thursday
Dr. Babasaheb Ambedkar Jayanti 14th April 2025 Monday
Good Friday 18th April 2025 Friday
Maharashtra Day 01st May 2025 Thursday
Buddha Pournima 12th May 2025 Monday
Independence Day/ Parsi New Year 15th August 2025 Friday
Ganesh Chaturthi 27th August 2025 Wednesday
Id-E-Milad 05th September 2025 Friday
Mahatma Gandhi Jayanti/ Dussehra 02nd October 2025 Thursday
Diwali Laxmi Pujan 21st October 2025 Tuesday
Diwali (Bali Pratipada) 22nd October 2025 Wednesday
Guru Nanak Jayanti 05th November 2025 Wednesday
Christmas 25th December 2025 Thursday

What does a Clearing and Settlement Holiday means?

Clearing and Settlement holidays occur when stock markets are operational, but the standard T+1 cycle for trade clearance and settlement are interrupted because either the depositaries (NSDL and CDSL) are closed, or the banks are closed on respective day.

In simple words, settlement holidays occurs due to bank holidays or for any other reason when the depositories are closed. A settlement holiday causes one day’s delay for your shares to get deposited in your Demat account. Hence, it adds an extra working day in settling your demat account. Similarly, clearing holidays occurs when a clearing corporation or clearing houses are closed.

What is the difference between Clearing and Settlement?

Aspect Clearing Settlement
What It Ensures Trade details match and obligations are calculated. Final transfer of securities and funds.
Timing Happens after the trade but before settlement. Happens at the end of the clearing process.
Outcome Confirms and prepares the trade for settlement. Completes the trade by exchanging assets.
Main Players Clearinghouses (e.g., NSCCL, DTCC). Depositories (e.g., NSDL, DTCC).

How will this impact your trades? 

Let’s assume that 19th February 2025 is settlement holiday, due to Chhatrapati Shivaji Maharaj Jayanti.

  • No settlement will take place on 19th February
  • Transaction which was scheduled for settlement on 19th February will be automatically rescheduled for the next Trading Day.
  • Profit earned from Equity or Derivatives market on 18th February, will not be available for trading or withdrawal purposes on 19th February

For more information, you can check the circulars here (NSE, BSE, MCX)

FAQs

Discover all you need to know effortlessly with our frequently asked questions—your go-to resource for answers.

Trading holidays are days when the major Indian stock exchanges remain closed due to national or state holidays. On these days, all market transactions are suspended.

Trading holidays impact trading strategies and the overall profitability of investors and traders. With no market activity, they cannot execute trades or make investment decisions on these days.

Trading holidays are typically based on national and state holidays, festivals, and other significant events. The stock exchanges announce the holiday schedule in advance for the convenience of market participants.

No, trading holidays can vary from year to year based on the calendar of national and state holidays and festivals. Therefore, it's essential for investors and traders to stay updated on the holiday schedule each year.

Yes, trading holidays are observed in stock markets around the world. Each country's stock exchange has its own holiday schedule based on local holidays and events. Investors trading across different markets should be aware of these holidays so they can plan their activities accordingly.

No, you cannot buy or sell stocks when the market is closed. Stock exchanges typically operate within specific trading hours on weekdays. Outside of these hours, transactions cannot be executed until the market reopens.

No, the stock market is not open on Saturdays. In India, as in many other countries, stock exchanges operate from Monday to Friday, with specific trading hours during those days. Saturdays and Sundays are typically non-trading days, although some market-related activities might still occur behind the scenes.

Holidays, both national and regional, result in the closure of the stock market. On these days, trading activity halts, and all market transactions are suspended. This suspension can impact trading strategies, investor sentiment, and overall market volatility. Additionally, prolonged holiday periods may lead to market participants adjusting trading strategies and portfolio management when trading resumes.

FAQs

Discover all you need to know effortlessly with our frequently asked questions—your go-to resource for answers.

Clearing holidays differ from the standard list of holidays. During a clearing holiday, while the Stock Exchange remains operational, clearing services are suspended. These holidays usually coincide with year-end or certain occasions specific to Maharashtra.

No, Saturdays and Sundays are weekly holidays for BSE. However, on special occasions, such as when Diwali falls on a Saturday, the Exchange operates for a special Muhurat session. Regular trading sessions occur from Monday to Friday, opening at 9:15 am and closing at 3:30 pm.

On weekdays, Monday to Friday, the BSE trading session commences at 9:15 am and concludes at 3:30 pm. Intraday traders are advised to close all open positions before the 3:30 pm closing bell. Additionally, there are pre-opening and post-closing sessions held before 9:15 am and after 3:30 pm, respectively.

The Bombay Stock Exchange communicates any alterations in trading schedules or holiday arrangements through separate circulars issued in advance, ensuring stakeholders are informed in a timely manner.

FAQs

Discover all you need to know effortlessly with our frequently asked questions—your go-to resource for answers.

In 2025, trading hours on the Multi Commodity Exchange (MCX) are from Monday to Friday, spanning from 9:00 am to 11:30 pm, with a possible extension until 11:55 pm. The morning session runs from 9:00 am to 5:00 pm, followed by the evening session from 5:00 pm to 11:30/11:55 pm.

Yes, MCX aligns its evening session with US daylight saving time, closing at 11:30 pm IST during summer and 11:55 pm IST during winter.

MCX holidays in 2025 encompass major national and religious festivals such as Republic Day, Holi, Good Friday, Eid-Ul-Fitr, Independence Day, and Christmas.

Yes, certain holidays like Dr. Baba Saheb Ambedkar Jayanti, Mahavir Jayanti, and Ganesh Chaturthi occur on weekends in 2025.

No, MCX does not facilitate trading on Saturdays. Trading activities are limited to weekdays, operating from Monday to Friday.

FAQs

Discover all you need to know effortlessly with our frequently asked questions—your go-to resource for answers.

Clearing holidays are specific days when the clearing operations of stock exchanges are paused, meaning no settlements of trades occur on these days.

Yes, trading can occur on clearing holidays, but the settlement of those trades will be postponed to the next working day when the clearinghouse is operational.

Clearing holidays are important because they affect the settlement cycle, which impacts the transfer of securities and funds. Knowing these dates helps traders and investors plan their transactions better.

Clearing holidays can delay the settlement of trades, which might affect your liquidity and ability to make timely transactions. Being aware of these holidays helps in planning your trades more effectively.

Payments might get delayed if the record or payment dates fall on a settlement holiday.

No, intraday trading is not impacted, as it does not involve settlement (positions are squared off before the market closes)

Yes, margin requirements may be impacted since unsettled trades may not reflect in your account balance immediately.

No, since the shares won't be credited to your account until settlement is completed, you cannot sell them until the next working day.
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