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"Strange! Why can’t we have a holiday on January 1? What are we trying to prove?" Sunil Singhania, a market veteran, tweeted this morning, summing up the mood of the market.
Strange why we can’t have Jan 1 as a holiday?? What are we trying to prove? https://t.co/v1vpW4KM24
— Sunil Singhania (@SunilBSinghania) 1577789837000
Well, there is better news!
The Republic Day falls on a weekend. This makes Mahashivratri as the first trading holiday of 2020 on February 21.
Out of the 12 trading holidays of the year, nine fall either on a Monday or a Friday; that makes it nine three-day weekends. We have had seven of them in 2019 and only four in 2018.
The once-in-a-year Muhurat Trading will take place on a Saturday this year (on November 14). It fell on a Sunday (October 27) during the year gone by.
These holidays are valid for equity, equity derivatives and security lending and borrowing (SLB) segments.
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Download The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price