Indian stock market holiday list 2018 (on BSE and NSE)…

Stock Market | Published on 23rd March 2018 | 243

We have all heard of trading holidays, but did you know that there is also something called a clearing and settlement holiday that is different from a trading holiday. For example, you can have trading even on a clearing holiday. The only difference is that the clearing and settlement of transactions executed on that date will not happen on the same day. Instead the clearing settlement will be clubbed with the next clearing and settlement date.

Trading Holidays and Clearing Holidays in 2018…

Let us quickly take stock of the key trading holidays for the year 2018, the additional clearing and settlement holidays for the equity segment and the reason each of these holidays are given…

No.

Holiday List

Date of Holiday

What does this celebration mark?

1

Republic Day

26th Jan 2018 (Friday)

This was the day the Constitution of India came into effect in the year 1950

2

Mahashivratri

13th Feb 2018 (Tuesday)

Mahashivratri is a Hindu festival that is celebrated each year in honour of Lord Shiva, who along with Lord Brahma and Lord Vishnu forms the eternal Trinity

3

Holi

02nd Mar 2018 (Friday)

Holi marks the victory of good over evil and is celebrated to mark Lord Narasimha (an avatar of Lord Vishnu) vanquishing the evil king Hiranyakashyapu to save Prahlad

4

Mahavir Jayanti

29th Mar 2018 (Thursday)

It marks the birth anniversary of the 24th and last Tirthankara, Lord Mahavir, who gave Jainism to the world

5

Good Friday

30th Mar 2018 (Friday)

Good Friday marks the crucifixion of Jesus and two days later the Easter Sunday marks the resurrection of Jesus

6

Maharashtra Day

01st May 2018 (Tuesday)

This was the day in 1960 when Gujarat and Maharashtra were separated and a separate state of Maharashtra was born

7

Independence Day

15th Aug 2018 (Wednesday)

This day marks the great moment in 1947 when India gained independence from 347 years of British imperialism

8

Bakri Id

22nd Aug 2018 (Wednesday)

Also called as Id-ul-Zuha, this festival is celebrated by Muslims and marks the willing sacrifice of something beloved

9

Ganesh Chaturthi

13th Sep 2018 (Thursday)

In Hinduism all offerings to god begin with offerings to Lord Ganesha. This festival celebrates the divine power of the lord almighty

10

Muharram

20th Sep 2018(Thursday)

This is a festival of mourning and falls in the first month of the Islamic calendar

11

Gandhi Jayanthi

02nd Oct 2018 (Tuesday)

This day is a national holiday and marks the birth anniversary of the Father of the Nation who gave us freedom

12

Dussehra

18th Oct 2018 (Thursday)

Dussehra or Vijaya Dashami marks the culmination of 10-days of festivities to mark the victory of Lord Rama over Ravana in the Ramayana

13

Diwali – Laxmi Puja

07th Nov 2018 (Wednesday)

Deepavali is one of the most auspicious occasions for Hindus and marks the return of Lord Rama and Goddess Sita to Ayodhya. It is also called the festival of lights.

14

Diwali – Bali Pratipada

08th Nov 2018 (Wednesday)

This day celebrates the victory of Lord Vishnu in Vamana Avatara over King Mahabali of Kerala.

15

Guru Nanak Jayanthi

23rd Nov 2018 (Friday)

This day marks the birth anniversary of the first of the ten Gurus of the Sikhs and is extremely auspicious for the Sikh community

16

Christmas

25th Dec 2018 (Tuesday)

Christmas is the biggest festival for the Christian community and commemorates the birth of Jesus Christ in Bethlehem

 

 

 

 

Clearing and Settlement Holidays for 2018, in addition to Trading Holidays

 

 

 

 

1

Shivaji Jayanthi

19th Feb 2018 (Monday)

This day marks the birth anniversary of Chhatrapati Shivaji Maharaj, the supreme Maratha ruler and one of the greatest warrior kings of India

2

Buddha Purnima

30th Apr 2018 (Monday)

This day marks the birth anniversary of Lord Buddha who gave Buddhism to the world which is followed by over 1 billion people worldwide

3

Parsi New Year

17th Aug 2018 (Friday)

Also known as Jamshedji Navroze, this is the biggest celebration for the small Parsi community spread across Mumbai and Gujarat. It marks the beginning of the New Year for the Parsi community

4

Id-e-Milad

21st Nov 2018 (Wednesday

Id e Milad marks the birth anniversary of Prophet Mohammad (PBUH) and is one of the holiest days in the Islamic calendar

 

For the year 2018, there are 16 trading holidays falling on week days and in addition there are 4 clearing settlement holidays. On these 4 days when there is a clearing holiday but no trading holiday, the clearing and settlement will be clubbed with the next day settlement. Trading holidays have an impact on your rolling settlement definition. When you get credit into your demat account on T+2 days, then Saturdays, Sundays and other trading holidays are excluded from this definition of T+2.

It needs to be remembered that the currency trading and debt market trading on the NSE and the BSE will not function on clearing and settlement holidays. On these last four days above, the equity and F&O trading will function but currency trading and debt trading will remain shut. There is a short Mahurat Trading for about an hour on the day of Laxmi Puja, which marks the beginning of the new Samvat Year for the traditional stock market community.