Explained: Why will NSE remain open on Saturday (2024)

FAQs

Explained: Why will NSE remain open on Saturday? ›

This special session is part of a broader initiative in line with guidelines set by the Securities and Exchange Board of India (Sebi) to establish robust Business Continuity Plans (BCP) and Disaster Recovery Sites (DRS) for stock exchanges and depositories.

Stock exchange NSE today announced that it will conduct a special live trading session on May 18, a Saturday, in the second such instance in 2024 to test preparedness for handling unexpected disasters.

A mock trading session is conducted by the exchange on one Saturday each month. This session allows brokers to test their trading infrastructure, new products/systems, and run contingency drills.

Is trading in India open tomorrow? The stock market is open from Monday to Friday from 9:15 a.m. to 3:30 p.m. The stock market stays closed on Saturdays and Sundays, which are recognized weekly holidays.

NSE, BSE special trading session on May 18: Indian stock markets will remain open on Saturday, May 18, 2024, as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have scheduled a special trading session, in the equity and equity derivatives segments, to evaluate their disaster preparedness in the event ...

NSE Holidays List 2024. NSE or National Stock Exchange is open on the weekdays from Monday to Friday and is closed on Saturdays & Sundays, except for any special trading sessions that are announced.

If you're an investor or trader using major U.S. exchanges like the NYSE and NASDAQ, you'll typically operate within the standard trading hours, Monday to Friday, 9:30 a.m. to 4:00 p.m. ET. As such, direct trading on these platforms during weekends is not feasible.

Since the New York Stock Exchange was open on Saturdays before September 29, 1952, exact closures from 1885 to 2070 should include Saturday trading days.

Trading on weekends provides potential benefits like reacting to news events in real-time, profiting from gaps on market opens, and harnessing increased volatility. Traders can access assets from early mornings through late nights to establish positions ahead of Monday's market opens.

Weekend trading gives you access to indices, cryptocurrency and forex markets on a Saturday and Sunday.

Why NSE special trading session? ›

The stock exchanges from time to time evaluate their preparedness to deal with any major disruptions, and for that, they conduct special trading sessions. They make an intraday switch over from the Primary Site (PS) to DRS.

To put it simply, clearing holidays are days when no settlement or delivery of stocks/commodities happens. These are usually the days of banking holidays. A settlement is a process of delivering shares and money, carried out by the clearinghouse, like NSCCL.

First, the per day volatility of stock returns is lower over weekends than during intraweek trading, so much lower that the three-day volatility for an entire weekend is only slightly greater than the one-day intraweek volatility. Second, stock returns are negative over weekends.

In Short. The National Stock Exchange (NSE) will open for trading on Saturday, May 18, to test its readiness in handling unexpected disasters. This session marks the second such instance in 2024 when the NSE will conduct live trading on a weekend.

Why is there a live session on a Saturday? SEBI mandates stock exchanges to switch to their Disaster Recovery site in a live session as part of their business continuity plan. This ensures they have a robust backup system in place to maintain smooth operations in case of any disruptions.

The BSE made the announcement of the special live trading session, saying that on Saturday, May 18, 2024, the equity and equity derivatives segments of the exchange will undergo an intraday switchover from the Primary Site (PR) to the Disaster Recovery Site (DR). Trading members are requested to take note of this.

Date and Time of Special Live Trading Sessions

Two special live trading sessions are scheduled for 20 January 2024. The first session will take place from 9:15 AM to 10:00 AM, followed by the second session from 11:30 AM to 12:30 PM.

Indian stock market holiday update: Indian stock markets will remain closed on Wednesday, July 17, 2024, due to Muharram, which marks the beginning of the Islamic calendar's first month and is among the four sacred months in Islam.

The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are the two primary stock exchanges in India. The trade start time for both exchanges is from 9:15 am to 3:30 pm, Monday to Friday. Traders can buy and sell their orders without any restrictions during this period.

The NYSE is open from Monday through Friday 9:30 a.m. to 4:00 p.m. Eastern time.