The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) are set to observe a holiday on March 14 in celebration of Holi. This means that no trading will occur across various segments, including equities, derivatives, and currency derivatives.

Trading Hours for Commodity Derivatives

While the commodity derivatives market will be closed during the morning hours from 9:00 AM to 5:00 PM, it will reopen in the evening from 5:00 PM to 11:55 PM.

Regular trading is expected to resume on both exchanges on Monday, March 17.

Market Performance Recap

On March 13, the benchmark indices experienced a downturn after a turbulent trading day. The Nifty index fell below the 22,400 threshold, despite positive reports on industrial production and retail inflation. Overall, the indices wrapped up the week nearly 1% lower.

• Sensex: Decreased by 200.85 points (0.27%), closing at 73,828.91
• Nifty: Dropped by 73.30 points (0.33%), settling at 22,397.20
• Midcap and Smallcap indices: Both fell by 0.7%

Sector-wise, a variety of industries saw declines, including auto, IT, metal, media, and real estate, which dropped between 0.5% and 1%. In contrast, the PSU Bank index managed a slight increase of 0.5%. Additionally, the Indian rupee strengthened by 21 paise, closing at 87 per dollar on Thursday.

Upcoming Market Holidays

In addition to the Holi observance, the market will be closed again on March 31 for Id-Ul-Fitr. Here’s a quick overview of upcoming stock market holidays:

• April:

  • Shri Mahavir Jayanti on April 10 (Thursday)
  • Dr. Baba Saheb Ambedkar Jayanti on April 14 (Monday)
  • Good Friday on April 18 (Friday)

• May:

  • Maharashtra Day on May 1 (Thursday)

• August:

  • Independence Day on August 15 (Friday)
  • Ganesh Chaturthi on August 27 (Wednesday)

• October:

  • Mahatma Gandhi Jayanti and Dussehra on October 2 (Thursday)
  • Diwali Laxmi Pujan on October 21 (Tuesday)
  • Diwali Balipratipada on October 22 (Wednesday)

• November:

  • Prakash Gurpurb (Sri Guru Nanak Dev’s birthday) on November 5 (Wednesday)
• December:
  • Christmas on December 25 (Thursday)

Key Takeaway

As investors prepare for the upcoming trading sessions, it’s important to stay informed about market dynamics and upcoming holidays. This ensures that you can make well-timed investment decisions even during periods of market closure.