Gudi Padwa 2023: Currency market shut today for Gudi Padwa holiday

Gudi Padwa Holiday 2023: The currency market remained closed on Wednesday, March 23 for the Gudi Padwa holiday. The Indian rupee declined by six paise to settle at 82.62 against the US dollar on Tuesday amid a strengthening dollar overseas and mixed global cues. India's currency market will resume trading at 9 am on March 23, Thursday.

Gudi Pawda — also known as Samvatsar Padvo — is celebrated with enthusiasm in Maharashtra and Goa. Gudi Padwa marks the first day of the Maharashtra calendar, and is celebrated by Maharashtrians and Konkanis. According to Luni-Solar calendars, the positions of the Moon and the Sun are used to divide the year into months and days.

Upcoming holiday in Indian currency market in March 2023

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The currency market will be next closed on March 30, Thursday for the Ram Navami holiday.

Is there a stock market holiday for Gudi Padwa? Will NSE, BSE be shut?

No. Stock exchanges NSE and BSE remained open on Wednesday. According to the BSE website, March 22 is not a trading holiday, and therefore, trading took place normall across equity, equity derivatives and SLB segments.

Next stock market holiday in India

NSE and BSE will remain closed on March 30, Thursday for Ram Navami. Trading across all the segments will be unavailable on the bourses on this day.

India's first listed exchange, Multi Commodity Exchange of India (MCX), will remain closed for trading in the morning session on March 30. It will resume trading in the evening session from 5 pm to 11:30/11:55 pm.

As for the commodity derivatives segment, trading will be available in the evening session.

Rama Navami is commemorated as the birth anniversary of Lord Rama. On the auspicious day, the devotees of Lord Rama keep a day-long fast.

India stock market holidays in 2023

BSE has listed 15 holidays for equity, equity derivatives and SLB segments in 2023 on its website, bseindia.com.

India stock market holiday list 2023

Here's a complete list of holidays in the Indian share market in 2023: