Stock exchanges in India have trading hours within which all trades need to be executed. The market timings for stocks, mutual funds, currencies and commodities are different. In this post, we shall look into the opening and closing time of the NSE and BSE.
The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) follow the similar stock market timing or trading hours. However, the market timings are different for the equity, mutual funds, currency and commodities.
Market Trading Hours for Equity
Trading on equities takes place from Monday to Friday except on holidays declared by the stock exchange. These holidays are declared in advance and list of the same is available at BSE & NSE Holidays List for 2020
The stock exchanges have two sessions for equity trading
- pre-open session and
- regular trading session.
Here are the timings of these sessions –
Type of Session | Open | Close |
Pre-Open Session | 09:00 hrs | 09:15 hrs |
Regular Trading Session | 09:15 hrs | 15:30 hrs |
Market Trading Hours for Mutual Funds
While mutual funds orders for purchase, redemption and switch can be placed at anytime during the day, the transactions shall be effected only during a particular transaction window (also known as the cut-off time)
The cut-off time depends on the type of transaction (purchase or redemption), type of fund (equity or liquid), time at which the purchase is made and the amount of purchase.
Below is a table which gives you different scenarios and how the mutual fund companies will treat it from a value date or NAV (net asset value) date perspective
Type of Transaction | Type of Fund | Time of Transaction | Time of Transfer of Funds | NAV Applied |
Purchase | Liquid | Before 2:00 pm | Same Day before 2:00 pm | Previous Day |
Liquid | Before 2:00 pm | Same Day after 2:00 pm | Current Day | |
Liquid | After 2:00 pm | Same Day after 2:00 pm | Current Day | |
All Other Types (less than ₹2 lacs) | Before 3:00 pm | Before or After 3:00 pm | Current Day | |
All Other Types (less than ₹2 lacs) | After 3:00 pm | Before or After 3:00 pm | Next Day | |
All Other Types (greater than ₹2 lacs) | Before 3:00 pm | Before 3:00 pm | Current Day | |
All Other Types (greater than ₹2 lacs) | Before 3:00 pm | After 3:00 pm | Next Day | |
All Other Types (greater than ₹2 lacs) | After 3:00 pm | Before or After 3:00 pm | Next Day | |
Redemption | Liquid | Before 3:00 pm | Not applicable | Current Day |
Liquid | After 3:00 pm | Not applicable | Next Day |
The working days of mutual fund companies mimic the stock market working days as explained earlier in the blog post.
There is a lot of interest in SIPs and I have picked out our three top read articles for you below. Do read these for some good information on SIP investing
- The Complete Investor Guide to Building Wealth with SIPs
- Best Mutual Fund SIPs to Invest in 2020
- How Axis Focused 25 Fund became India’s Best SIP Mutual Fund
Market Trading Hours for Currencies
The market timings for trading in currency derivatives segment at the NSE are –
Open | Close | |
Currency Futures & Options (USD-INR, EUR-INR, GBP-INR, JPY-INR), T-Bills Futures & Interest Rate Futures | 09:00 hrs | 17:00 hrs |
Cross Currency Futures and Options (EUR-USD, GBP-USD & USD-JPY) | 09:00 hrs | 19:30 hrs |
Market Trading Hours for Commodities
The market timings for trading in commodity derivatives at the NSE are –
- Open : 09:00 hrs
- Close : 23:55 hrs
About BSE
The Bombay Stock Exchange (BSE) is Asia’s oldest stock exchange and the 10th largest stock exchange in the world.
The Mumbai-based exchange has an overall market capitalization of ₹1,54,81,921 crores or $2.2 trillion.


Let’s understand a couple more fact.
The BSE’s genesis dates back to 1855 when a dozen or so stockbrokers would gather around some banyan trees and conduct their business.
The year 1986 marks the launch of the BSE Sensex index. Over time, BSE opened its derivatives , futures and options market.
About NSE
The National Stock Exchange of India Limited (NSE) establishes in 1992. It is the leading stock exchange in India. The NSE was responsible for ushering India into a modern electronic trading system.


Companies listed on the NSE have a market capitalization of over $2.1 trillion making it the 11th largest stock exchange in the world.
Wow!
The flagship index, NIFTY50, is a favourite among investors. It is the defacto barometer of the Indian capital markets. In 1996, the Nifty 50 index was launched.
The NSE was setup with the objective of bringing transparency in the stock markets. Trading membership is open for anyone with qualification, experience and meets the financial requirements. NSE has a comprehensive and strong risk management system.
Additional Resources You Might Like
Here are some articles you might like:
- Rakesh Jhunjhunwala and his secrets to investing (Part 1)
- Building a high return portfolio with index funds – a step-by-step approach
- Complete SIP Investment Guide (over 8000 words compedium updated until 2020)
- The trillion dollar index fund story that John Bogle started in the 1970s
- Best SIP for achieving long term goals