29 Jan , 2025 By : Debdeep Gupta
The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) have announced that they will operate full trading sessions on Saturday, February 1, 2025, in light of the Union Budget presentation by Finance Minister Nirmala Sitharaman.
In a circular issued on Monday, both exchanges confirmed that live trading would take place on February 1, marking the occasion as a special trading day due to the Union Budget announcements.
This is in line with past precedents, where markets also remained open for trading on Saturdays, such as on February 1, 2020, and February 28, 2015, during the presentation of the Union Budget.
The trading session on February 1 will follow the usual market timings, with equity markets open from 9:15 AM to 3:30 PM, while the commodity derivatives market will extend trading hours until 5:00 PM. However, the "T0" session will not be scheduled for trading due to the settlement holiday.
The Union Budget, an annual exercise, outlines the government’s fiscal health and plans for the upcoming year. It serves as a key policy document, introducing new financial schemes and providing a comprehensive overview of the country’s expenditure and revenue projections.
As part of the special arrangements for the day, pre-market trading will run from 9:00 AM to 9:08 AM, while indices will be calculated throughout the day on both the NSE and BSE. The market's opening on a Saturday underscores the significance of the Union Budget as a major event for market participants and stakeholders.
For market participants, the Budget’s impact shall be significant, often influencing market trends and investor sentiment. Analysts will be closely monitoring announcements to look for any far-reaching consequences on stock valuations, economic growth, and sector performance.
With the markets remaining open for trading on Budget Day, investors will have the opportunity to react in real-time. Therefore, bringing in immediate market reactions with the potential to offer valuable insights into the market’s outlook for the upcoming fiscal year.
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