Holiday for stock market: Are BSE, NSE tomorrow open or closed for EID-E-Milad 2025?

Indian exchanges NSE and BSE will remain open on 5 September, despite the day being celebrated as Milad-Un-Nabi. Markets follow a structured holiday calendar, in which Milad-Un-Nabi is not included in the planned holidays on the entire day. Even in the raw material segment, no vacation is planned for the morning or afternoon sessions, and exchanges will work as usual.

Also known as EID-E-Milad, the day marks the birthday of the Prophet Mohammed, the founder of Islam. It is observed in the third month of the Islamic calendar, Rabi-Owwwal.

Tomorrow, however, will be a settlement holiday, which means that settlement and transactions that will be carried out on Thursday will be moved to Monday.

What is a settlement holiday?

In contrast to a trading holiday, when the shares of NSE and BSE are closed and investors cannot buy or sell shares, the stock markets remain open for trade on a settlement holiday, but cleaning up and the settlement of transactions does not take place because banks, depositors such as NSDL and CDSL and the RBI are closed.

Transactions are carried out in simpler terms, but the payment and payment of funds and securities are postponed until the next working day.

Stock Market Holidays 2025: Full list

Stock markets have a total of 15 trade holidays in 2025, of which 10 have already expired. The remaining 5 are for Mahatma Gandhi Jayanti and Dussehra on October 2, Diwali or Laxmi Pujan on October 21, Diwali Balipratipada on October 22, Prakash Gurpurab on November 25 and Christmas on December 25. The Muhurat Trading timings have not yet been announced and will be informed in due course.

Stock market views

Indian markets received a large boost from the government after the simplification of the GST regime. Different goods and services will now be taxed under two important rates – 5% and 18% – with certain sin and luxury goods that are placed under a special 40% plate.

However, the markets did not reflect much enthusiasm on Thursday, because the majority of the news was already priced. Benchmark -Indices experienced a shocking trade session, ending with marginal profits.

The wider markets performed behind the benchmarks, with the Nifty Midcap 100 and SmallCap 100 Indices, each fell by 0.6%, which reflects a risk-off sentiment among investors compared to non-index components.

In general, analysts expect Nifty to consolidate in the reach of 24,400-25,000 in the midst of stock-specific actions.

“Immediate support will be placed on 24,400-24,337 levels, being the confluence of recent lows and the most important retracement area. An infringement below this range will accelerate the fall of the most important support area of ​​24,000-23,800 levels in the coming week,” said Bajaj Broking.

(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)