NEW DELHI :
Share market traders on Dalal Street will get a lesser number of holidays in the new year 2020. Besides Saturdays and Sundays, both the BSE and the NSE will be shut for 12 days in 2020, according to the trading calendar of the two stock exchanges. In 2019, the markets were closed for 17 days.
The lesser number of trading holidays this year is because of the fact that seven holidays are falling on weekends in 2020. The holidays falling on Saturdays and Sundays include Republic Day (January 26, Sunday), Bakri Id (August 1, Saturday), Independence Day (August 15, Saturday), Ganesh Chaturthi (August 22, Saturday), Muharram (August 30, Sunday), Dusshera (October 25, Sunday) and Diwali (November 14, Saturday).
Despite most major markets across the world observing a trading holiday every year on January 1, the BSE and NSE continue to remain open on the New Year day. Only commodity derivatives segment was closed today.
BSE, NSE trading holiday calendar for 2020:
January: No trading holiday
February 21: Mahashivratri
March 10: Holi
April 2: Ram Navami
April 6: Mahavir Jayanti
April 10: Good Friday
April 14: Dr. Baba Saheb Ambedkar Jayanti
May 1: Maharashtra Day
May 25: Id-Ul-Fitr (Ramzan Id)
October 2: Mahatma Gandhi Jayanti
November 16: Diwali Balipratipada
November 30: Gurunanak Jayanti
December 25: Christmas
(On November 14, a Saturday, share markets will open for a short period for Muhurat trading on Diwali and Laxmi Puja.)
Although the indices slumped yesterday, Nifty clocked a 12% gain for 2019, while the Sensex advanced 14.4%. The share markets started 2020 on a positive note as the Sensex rose 189.78 points to 41,443.52 in the opening session while Nifty went up 48.40 points to 12,216.85.