Share Market Holiday: The market will be open only for 5 days this month, know when it will be closed?
Read Desk. There is an important news for the people associated with the stock market about the last days of March. During this period, the market will remain closed on two different dates. Although both these holidays are falling in different weeks, it is very important to pay attention to them, because they are coming at the very end of the month.
This month the stock market will remain closed on 26th March on the occasion of Shri Ram Navami and on 31st March for Shri Mahavir Jayanti. There will be no trading on either Bombay Stock Exchange (BSE) or National Stock Exchange (NSE) during these two days. However, for the rest of the day the market will function as usual and trading will continue.
holidays falling in different weeks
It is worth noting that both these holidays are not falling in the same week, but in different weeks. So, where the entire week will not be disrupted. At the same time, trading opportunities will definitely reduce in the last days of the month.
Only 5 trading days left in March
Generally, the market is open five days a week (Monday to Friday). However, this time due to holidays, the number of trading days within a week will be reduced. Additionally, the last trading day of the month—March 31—coincides with the holiday of Shri Mahavir Jayanti. As a result, there will be only five trading days in total in the latter part of March, specifically on March 23, 24, 25, 27 and 30.
What effect will this have on investors?
Investors often make changes to their portfolio at the end of the month, especially when the financial year is about to end. In this context, there may be less trading opportunities due to these holidays. In particular, those trading for short periods will need to be more careful, because market volatility is likely to increase on days when trading days are shorter.
What should investors and traders do?
Investors and traders are advised to keep these dates in mind and make their strategies in advance. If any important buying or selling transaction has to be done, it should be planned for before or after the holidays. Overall, there will be a slight change in the trading schedule due to these two holidays falling at the end of March; Therefore, it would be wise to prepare in advance.
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