The share market is a bustling place, teeming with activity and transactions. However, like any other sector, it too observes certain holidays, during which trading activities are halted. These holidays are crucial for market participants to rejuvenate and strategize their market moves. Here, we will check out all the specific days considered holidays in the share market and how the IPO calendar is affected during these times.
Importance of Holidays in Share Market
Holidays in the share market are essential for multiple reasons. They provide a necessary break to the market participants, allowing them to relax and avoid burnout. These breaks also offer an opportunity for traders and investors to review their strategies, analyze market trends, and make informed decisions for the upcoming trading days.
Specific Days Considered as Holidays
The share market observes holidays on specific days, usually aligning with national holidays, festivals, or significant events. These holidays can vary depending on the country and the specific exchange. For instance, the New York Stock Exchange (NYSE) observes holidays like New Year’s Day, Martin Luther King, Jr. Day, and Independence Day, among others. It is crucial for market participants to be aware of these holidays to plan their trading activities accordingly.
Impact on IPO Calendar
The IPO calendar, which lists the upcoming Initial Public Offerings (IPOs), is also affected by these holidays. On a holiday in the share market, no IPOs are launched, and the activities related to IPOs, such as bidding, are also halted. Investors need to keep track of these holidays to stay informed about the IPO schedules and make their investment plans accordingly.
NSE Share Market Holidays 2023
- Republic Day – January 26, 2023 (Thursday)
- Holi – March 07, 2023 (Tuesday)
- Ram Navami – March 30, 2023 (Thursday)
- Mahavir Jayanti – April 04, 2023 (Tuesday)
- Good Friday – April 07, 2023 (Friday)
- Baba Saheb Ambedkar Jayanti – April 14, 2023 (Friday)
- Id-ul-fitr (Ramzan Id) – April 22, 2023 (Saturday)
- Maharashtra Day – May 01, 2023 (Monday)
- Id-ul-adha (Bakri Id) – June 29, 2023 (Thursday)
- Independence Day – August 15, 2023 (Tuesday)
- Ganesh Chaturthi – September 19, 2023 (Tuesday)
- Mahatma Gandhi Jayanti – October 02, 2023 (Monday)
- Dussehra – October 24, 2023 (Tuesday)
- Diwali Balipratipada – November 14, 2023 (Tuesday)
- Gurunanak Jayanti – November 27, 2023 (Monday)
- Christmas – December 25, 2023 (Monday)
Holidays Falling on Saturday / Sunday
- Mahashivratri – February 18, 2023 (Saturday)
- Id-Ul-Fitr (Ramzan Id) – April 22, 2023 (Saturday)
- Muharram – July 29, 2023 (Saturday)
- Diwali Laxmi-Pujan – November 12, 2023 (Sunday)
Muhurat Trading
Muhurat Trading is a special trading session conducted on Diwali, and for the year 2023, it will be conducted on November 12, 2023.
Planning Around Holidays
Traders and investors need to plan their activities in the share market around the holidays. They need to be aware of the market conditions and make their buying or selling decisions before the market closes for a holiday. This planning is crucial to avoid any unwanted surprises and to ensure smooth trading activities when the market reopens.
Holidays in the share market are an integral part of the trading ecosystem. They provide the much-needed respite to the market participants and also impact the IPO calendar. By being aware of these holidays and planning their strategies around them, traders and investors can navigate the market more efficiently and make informed decisions.
