The Indian stock market will stay close on April 7 (Friday) on account of Good Friday. The market shall reopen on April 10, Monday next week.
According to the list of trading holidays on the website of the BSE, apart from today's holiday, the stock markets will remain closed for another 10 more days in 2023. On April 4 (Tuesday), the stock markets remained closed on account of Mahavir Jayanti.
According to the BSE website, the equity derivative segment, equity segment, the SLB segment, and the currency derivatives segment, as well as the interest rate derivatives segment, will remain closed. There may be a trading holiday on May 1 on the occasion of Maharashtra Day.
On June 28, the markets will remain closed on account of Bakri Id. The next stock market holiday will be on August 15, on account of Independence Day. On September 19 for Ganesh Chaturthi. On October 2 for Gandhi Jayanti and on October 24 for Dussehra.
On November 14 and November 27, the markets will be closed to celebrate Diwali Balipratipada and Gurunanak Jayanti. In December, the markets will be closed on the 25th on account of Christmas.
Here’s a list of market holidays in 2023:
- Dr Baba Saheb Ambedkar Jayanti April 14, (Friday)
- Maharashtra Day May 01, (Monday)
- Id-ul-adha (Bakri Id) June 28, (Wednesday)
- Independence Day August 15, (Tuesday)
- Ganesh Chaturthi September 19, (Tuesday)
- Mahatma Gandhi Jayanti October 02, (Monday)
- Dussehra October 24, (Tuesday)
- Diwali Balipratipada November 14, (Tuesday)
- Gurunanak Jayanti November 27, (Monday)
- Christmas December 25, (Monday)
On Thursday, the S&P BSE Sensex swung 430 points during the day before closing at 59,833, up 144 points (0.24 per cent). On the other hand, NSE Nifty50, too, settled near 17,600-mark at 17,599, up 42 points (0.24 per cent). The market rallied after in a surprising move the Reserve Bank of India (RBI) decided to pause the repo rate hike on Thursday. MPC unanimously decided to keep the policy repo rate unchanged at 6.5 per cent.
The two key equity benchmarks opened flat in anticipation that the central bank will hike the repo rate again to contain inflation. However, after the RBI's announcement, the market started trading in green during intraday trade.