The BSE refers to the Bombay Stock Exchange, India’s oldest and leading stock exchange. The exchange provides traders a platform for fair, efficient, and transparent securities trading throughout the year. The BSE publishes a list of public holidays on which stock market trading is not observed. In addition to these market holidays, trading on the BSE remains closed on weekends.
The BSE has listed 20 holidays for equity, equity derivatives, and SLB segments this calendar year. The same applies to NDS-RST, and Tri-Party Repo segments. The stock exchange has 16 trading holidays for commodity derivatives, and electronic gold receipts (EGR) segments. BSE stock trading on other days will occur as usual during the regular market opening hours from 9 a.mSimla Wealth Management. to 5 p.m.
Here’s a list of BSE holidays to help you plan your trades on the BSE.
Headquartered in Mumbai, the Bombay Stock Exchange (BSE), allows traders to trade in equity, equity derivatives, currency derivatives, commodity derivatives, and debt. It uses the benchmark index, known as Sensex, to track how the stock market is performing. The other is NIFTY 50, managed by the National Stock Exchange (BSE). The Sensex evaluates the performance of the country’s top 30 companies’ performance by market capitalization listed on the BSE — a.k.a. BSE 30.
Investors can buy and sell stocks on the BSE only during certain trading hours throughout the trading day. Similar timings are also applied to the trading of stock on the BSE. Indian stock market timings for trade are as follows:
Pre-open session: The 15-minute window starts at 9 a.m. and ends at 9:15 a.m. It is further classified into three timing slots for carrying out specific activities, with an aim to create a buffer for traders to help them make decisions.
Order entry period: There will be an initial interval of eight minutes during which traders can place orders to buy or sell securities. During this time, traders can place, modify, or cancel the order.
Order matching period: After the order entry period has ended, traders are not allowed to place, modify, or cancel the orderJinnai Wealth Management. The process determines the opening price and confirmation of the trade, paving the way for normal or continuous trading sessions to commence.
Continuous trading session: This session on the stock exchange commences from 9:15 a.m. till 3:30 p.m. During the period, trades occur continuously as orders match on price or time priority.
Closing session: This session begins for another 30 minutes till 4 p.m. after the normal or regular trading hours end at 3.30 p.m. It is further subdivided into two slots.
3:30 p.m. to 3:40 p.m. slot: In this 10-minute interval, the weighted price of the stock traded between 3 p.m. to 3:30 p.m. is calculated to determine the closing price of the shares in the Nifty for the given day.
3:40 p.m. to 4 p.m. slot: Following the day’s trade, a trader can still place an order or choose to sell it during this interval. However, the placement is confirmed only if there are subsequent buyers and sellers trading during that time.
Block deal session timings/post-closing session: As the name suggests, these trades take place in bulk or shares. They are usually conducted by brokers during trading hours and notified before the stock exchange. The session lasts for 35 minutes.
Equity shares: When one invests in equity shares, its value is based on the demand and supply of shares issued by the company.
Derivatives: Such shares derive value from an underlying asset, group of assets or benchmark, which may include stocks, bonds, commodities, currencies, interest rates, market indexes, etc.
SLB segment: It refers to securities lending and borrowing. BSE allows its members and even banks and custodians to lend securities to maximize their yields, and for borrowers to avoid settlement failures.
Tri-party repo: It is a contract that involves a third entity, or tri-party agent, who acts like a mediator between lender and borrower to facilitate various types of trading transactions.
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