Stock Market Holiday: Are NSE, BSE Open Or Closed Tomorrow For Mahavir Jayanti?

Stock markets in India will remain closed on Thursday, April 10, on account of Mahavir Jayanti — a significant religious festival commemorating the birth of Lord Mahavira, the 24th and last Tirthankara of Jainism. 

Mahavir Jayanti is a public holiday in several states, including Maharashtra. As the state has declared it a public holiday, the Mumbai-based stock exchanges—the National Stock Exchange (NSE) and BSE—will also remain closed tomorrow.

Trading in equity derivatives, securities lending and borrowing (SLB), currency derivatives, and electronic gold receipts (EGR) will remain suspended on April 10. 

This will be the first festival-based holiday for the stock exchanges in April. For context, the markets are already closed on Saturdays and Sundays. Although Ram Navami fell on April 6, it coincided with a Sunday — a regular market holiday — so no additional holiday was observed.

According to Jain tradition, Lord Mahavira is a revered spiritual teacher and an important religious figure. On this day, devotees participate in spiritual processions and gatherings held at Jain temples across the country.

• Feb. 26: Mahashivratri

• March 14: Holi

• March 31: Eid-Ul-Fitr (Ramadan Eid)

• April 10: Shri Mahavir Jayanti

• April 14: Dr. Baba Saheb Ambedkar Jayanti

• April 18: Good Friday

• May 1: Maharashtra Day

• August 15: Independence Day / Parsi New Year

• August 27: Shri Ganesh Chaturthi

• October 2: Mahatma Gandhi Jayanti / Dussehra

• October 21: Diwali Laxmi Pujan

• October 22: Balipratipada

• November 5: Prakash Gurpurb Sri Guru Nanak Dev

• December 25: Christmas

More four holidays, including Republic Day and Ram Navami, fell on a Sunday this year.

Regular stock market operations The BSE and NSE operate on a standard schedule from Monday to Friday, with trading hours for the equity segment set from 9:15 am to 3:30 pm, IST. Trading remains suspended on weekends and on officially designated holidays, such as the ones mentioned above. 

Trading on the equities segment happens on all days of the week (other than Saturdays, Sundays and holidays declared by the Exchange in advance). The market timings of the equities segment are given below:

A) Pre-open session 

Order entry & modification Open: 09:00 a.m. 

Order entry & modification Close: 09:08 a.m. 

*with random closure in the last one minute. 

Pre-open order matching starts immediately after close of pre-open order entry.

B) Regular trading session

Normal / Limited Physical Market Open: 09:15 a.m. 

Normal / Limited Physical Market Close: 03:30 p.m. 

C) Closing Session 

The Closing Session is held between 03:40 p.m. hrs and 04:00 p.m.

D) Block deal session timings:

Morning Window: This window shall operate between 08:45 a.m. to 09:00 a.m. 

Afternoon Window: This window shall operate between 02:05 p.m. to 2:20 p.m. 

Note: The Exchange may, however, close the market on days other than the above scheduled holidays or may open the market on days originally declared as holidays. The Exchange may also extend, advance or reduce trading hours when it deems fit and necessary.