April Stock Market Holidays: Dates and Details for FY25 Kickoff

The first trading halt falls on April 11, 2024, coinciding with Eid-Ul-Fitr or Ramadan Eid, a significant religious observance. Subsequently

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X: @the_news_21

As the curtains close on FY24, the Indian stock market enthusiastically welcomes FY25 with robust trading activity marking the dawn of a new financial year on April 1. The inaugural trading session for FY25 witnessed a buoyant start, with the Sensex soaring to 74,050.04 and the Nifty reaching 22,480.65. Notably, the Nifty bank surged by an impressive 353.15 percent, reflecting investor optimism and confidence in the new fiscal year’s prospects.

With the commencement of the new financial year, investors are keen to navigate through the trading landscape, mindful of the scheduled holidays for April 2024. According to the stock market holiday calendar, investors will observe two additional market closures, supplementing the regular weekend hiatus on Saturdays and Sundays.

The first trading halt falls on April 11, 2024, coinciding with Eid-Ul-Fitr or Ramadan Eid, a significant religious observance. Subsequently, on April 17, the market will remain closed in observance of Ram Navami, adding to the list of festive pauses.

Moreover, with April boasting 30 days, investors will relish four Saturdays and four Sundays off, augmenting the total market closures to 10 days for the month. Consequently, trading activities will be operational for 20 days, offering ample opportunities for market participants to engage in transactions and strategic maneuvers.

Delving into the intricacies of Indian stock market operations, trading adheres to specific timings delineated for various sessions. The market kicks off its proceedings with the pre-opening session, commencing at 9:00 am IST and concluding at 9:15 am IST, facilitating order placement, modification, and cancellation.

The pre-opening session unfolds in three sequential slots, catering to different aspects of trading dynamics. Slot 1 spans from 9:00 AM to 9:08 AM IST, followed by Slot 2 from 9:08 AM to 9:12 AM IST, culminating in Slot 3 from 9:12 AM to 9:15 AM IST, ensuring a seamless transition into regular trading hours.

Post-closing activities commence after the market’s closure at 3:30 pm, extending until 4:00 pm IST. During this phase, stock closing prices are computed, and trading activities persist albeit within specified parameters, fostering liquidity and facilitating late transactions.

Amidst these operational intricacies, it’s fascinating to note the tradition of Muhurat trading, a special one-hour session held annually on Diwali, a auspicious occasion. This unique trading window embodies the essence of tradition and commerce, symbolizing prosperity and auspicious beginnings in the Indian financial landscape.

As the Indian stock market embarks on its journey into FY25, investors brace themselves for the opportunities and challenges that lie ahead, propelled by the optimism and dynamism that characterize India’s vibrant financial ecosystem.

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