Stock Market Timings in India

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India Stock Market Timings Fintrovert Cover

Stock Market Timings in India

NSE, BSE (for Equity Stocks), and MCX (for Commodities) are the major exchanges of India.
Timings of NSE and BSE are the same.

Equities Stock Market Timings

Timing of Stock Market of India – NSE (National Stock Exchange)  and BSE (Bombay Stock Exchange) is:
 Monday to Friday – 09:00 am IST to 03:30 pm IST
Saturday, Sunday and National Festival, Events – Holiday

Commodities Market Timings

Timing of MCX(Multi Commodity Exchange of India)  for Non-Agri Commodities is:
Monday to Friday – 09:00 am IST to 11:30 pm IST
Saturday, Sunday and National Festival, Events – Holiday

Trading time of MCX for Agri Commodities is:
Monday to Friday – 09:00 am IST to 05:00 pm IST
Saturday, Sunday and National Festival, Events – Holiday

Time Segments of Stock Market Trading in India

Timing of Equities Stock Market of India is divided into 3 parts:

  1. Pre-Opening Session (09:00 am to 09:15 am)
  2. Normal Trading Session (09:15:01 am to 03:30 pm)
  3. Closing Session (03:30 pm to 04:00 pm)
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1.Pre-Opening Session

The timing of the Pre-opening session is 09:00 am to 09:15 am. The pre-open session is consists of the Order Collection period and Order Matching period.
This session is thus further divided into 2 sessions:

a) 09:00 am to 09:07 am – Order Collection Period (Note: System driven random closure between 7th and 8th minute) 

  • Orders in Equity Cash can be entered during this time i.e. Normal Shares of Companies on NSE and BSE can be bought during this time
  • Order placed during this time is not fulfilled immediately and thus can be modified or canceled before 09:07 am
  • Equity Derivatives (Futures and Options) however can NOT be traded during this time. F&O can only be traded only during the Normal session

b) 09:08 am to 09:15 am – Order Matching Period

  • Orders are matched at a single price during this time. This thus decides the opening price of the day.
  • The order matching is done in the following steps sequentially:
    (i) Eligible limit buy orders are matched with eligible limit sell orders
    (ii) Then remaining eligible limit orders are matched with market orders
    (iii) Finally, Market orders are matched with market orders
  • During this period, modification or cancellation of an order is not allowed
  • New orders too can not be placed during this order matching period

2. Normal Trading Session

The timing of the Normal Trading session is 09:15 am to 03:30 pm.
Normal Trading of Equity Cash (Company Shares) and Equity Derivatives (Futures and Options) happen during this period. 

Note: Though these timings are as per official guidelines of NSE and BSE, Intraday trades done on leverages taken from brokers need to be squared off (i.e. closed) some time before the closing time ( time as decided by respective brokers. Trades on Equity Cash without any leverage follow normal 03:30 closing time.)

3. Closing Session

The timing of the Closing session is 3.30 pm to 4.00 pm.

a) 03:30 pm to 03:40 pm – Closing Price is calculated

b) 03:40 pm to 04:00 pm – Trades happen at the closing market price. Only market price orders are allowed. Special orders like, Stop Loss orders are not allowed during this period.

Also Check: Basics of Stock Market | Imp. Terms and Definitions

 

Other Special Trading Sessions

Block Trading Session

This refers to trades above Rs.10 crore size.

Block Session Timings:
a) 08:45 am to 09:00 am – Morning Block Deal Window
b) 02:05 am to 02:20 am – Afternoon Block Deal Window

Special Pre-Open Session

The special pre-open session is for:

  • IPOs securities – First day of trading
  • Stocks which have derivatives contracts on the Ex-date of trading after a corporate restructuring (i.e. Amalgamation, Merger, Demerger of the company)
  • Re-listed Securities – First day of the re-commencement of trading


Special Pre-open session timings:
a) 09:00 am to 09:44 am – Order Entry Period
b) 09:45 am to 09:55 am – Order Matching and Trade Confirmation Period
c) 09:55 am to 10:00 am – Buffer period for transition from Pre-open to Normal Session

Note: All Timings as officially notified by NSE and other authorities. Subject to change.

Muhurat Trading

Muhurat (meaning ‘Auspicious’) trading is allowed on NSE and BSE for some time on Laxmi Pujan Day of Diwali every year, which otherwise is a holiday.
Exact timings of Muhurat Trading are notified by the exchange subsequently.
In 2023, Muhurat Trading will be carried out on 12 November, 2023 (Sunday).