Are stock market trades executed on Chhatrapati Shivaji Maharaj Jayanti, or are they deferred due to the clearing holiday on February 19?
Is the Stock Market Open or Closed on Chhatrapati Shivaji Maharaj Jayanti, today (Source: X)
Chhatrapati Shivaji Maharaj Jayanti: As per the holiday list of the National Stock Exchange, February 19 is observed as a clearing or settlement holiday. This implies that the investors can trade as usual, but the transactions will not be processed on the same day.
Both NSE and BSE are open for trading on this day, Chhatrapati Shivaji Maharaj Jayanti (Feb. 19).
But it is a clearing holiday. This implies that there will be no settlement of transactions on this day. The transactions will be settled on the next working day.
The stock exchanges in the country will remain open for trading on Thursday, February 19. However, the settlement of transactions will remain closed due to a clearing holiday on the occasion of Chhatrapati Shivaji Maharaj Jayanti.
All the transactions that took place in the cash market and F&O segments on February 18 and February 19 will be settled on February 20 for both National Stock Exchange and Bombay Stock Exchange.
This implies that the shares purchased on these two days will be credited to the demat accounts only on February 20. Additionally, the funds received from sales will be adjusted on the same day.
A clearing holiday is a day when the stock markets are open, but the settlement operations are not carried out. This is generally because the banks and clearinging houses are closed due to a holiday.
Chhatrapati Shivaji Maharaj Jayanti is a public holiday in Maharashtra, and the banks in the state will be closed. As a result, the settlement operations related to NSE Clearing Ltd. and the central depositories NSDL and CDSL will remain closed on February 19.
On a settlement holiday, the purchase and sale of shares proceed as usual. But the transfer of shares and funds takes place the next working day.
According to the NSE calendar, February has no full trading holidays. The only holiday that will be observed is the settlement holiday on February 19, which means that all segments, including equity, derivatives, currency, and commodities, will be open on the Multi Commodity Exchange, NSE, and BSE.
The next full trading holiday will be observed on March 3 for Holi. Other major market holidays scheduled for 2026 include:
March 6 – Shri Ram Navami
March 31 – Shri Mahavir Jayanti
April 3 – Good Friday
April 14 – Dr. B.R. Ambedkar Jayanti
May 1 – Maharashtra Day
May 28 – Bakri Id
June 26 – Muharram
September 14 – Ganesh Chaturthi
October 2 – Mahatma Gandhi Jayanti
October 20 – Dussehra
November 10 – Diwali (Balipratipada)
November 24 – Prakash Gurpurb Sri Guru Nanak Dev
December 25 – Christmas
