Kya aaj stock market khula hai?
Seedha jawab
Session windows: NSE circulars NSE/CMTR/73362, NSE/FAOP/75472, NSE/CMTR/76170, aakhri baar 2026-09-04 ko padhe gaye. Trading days: NSE Capital Market calendar (NSE/CMTR/71775 (12 Dec 2025)), aakhri baar 2026-09-07 ko padha gaya. Dono is page ke neeche poore diye gaye hain.
Exchange iske aas-paas aur windows bhi chalata hai — Pre-open call auction 9:00 am se 9:10 am (Equity cash + equity derivatives (F&O)), Closing auction (CAS) 3:15 pm se 3:35 pm (Equity cash — stocks that have derivatives), Continuous trading continues 3:15 pm se 3:30 pm (Equity cash — stocks with no derivatives), Continuous trading continues 3:15 pm se 3:40 pm (Equity derivatives (F&O) — index and stock contracts), Post-close session 3:50 pm se 4:00 pm (Equity cash). Inme se koi bhi market ka khula hona nahi hai. Upar ka timetable har window ko dikhata hai, aur usme kya hota hai woh bhi.
Neeche ka jawab aapke browser mein, abhi, Indian Standard Time mein nikalta hai. Yeh NSE ke equity aur equity-derivative (F&O) segments ko cover karta hai. Yeh exchange ka published holiday calendar use karta hai. Isliye yeh batata hai ki market kyun khula ya band hai, sirf yeh nahi ki khula hai ya nahi.
NSE trades from 9:15 am IST, Monday to Friday, and closes in stages from 3:15 pm
NSE runs continuous trading from 9:15 am IST, Monday to Friday, and closes in stages: cash stocks with derivatives stop at 3:15 pm and finish in a closing auction to 3:35 pm, other cash stocks trade to 3:30 pm, and equity derivatives (F&O) trade to 3:40 pm. A pre-open session runs first. It is shut on Saturdays, Sundays and NSE trading holidays. The verdict for this exact minute is worked out in your browser from your device clock converted to IST, so it is never a stale build-time answer.
| Session | Timing (IST) | Segment | What happens |
|---|---|---|---|
| Pre-open call auction | 09:00 – 09:10 | Equity cash + equity derivatives (F&O) | Orders are collected and the opening price is discovered. The order window shuts at a random moment after 9:08 am, then the price is matched and a buffer runs to 9:15 am. Nothing has traded continuously yet. |
| Continuous trading — every segment | 09:15 – 15:15 | Equity cash + equity derivatives (F&O) | The normal market, with every segment on this page trading at once. After 3:15 pm they finish at different times. |
| Closing auction (CAS) | 15:15 – 15:35 | Equity cash — stocks that have derivatives | These stocks leave continuous trading at 3:15 pm, and their closing price is settled by one auction rather than by averaging the last half hour of trades. |
| Continuous trading continues | 15:15 – 15:30 | Equity cash — stocks with no derivatives | The closing auction does not cover these stocks yet, so they keep trading continuously to 3:30 pm exactly as before. |
| Continuous trading continues | 15:15 – 15:40 | Equity derivatives (F&O) — index and stock contracts | Index and stock futures and options keep trading continuously for 25 minutes after the cash closing auction starts. This is the last continuous trading of the day. |
| Post-close session | 15:50 – 16:00 | Equity cash | A short window that trades at the closing price. Continuous trading is already over in every segment. |
Agli monthly expiry
Monthly contract apni expiry ke din khatam hota hai. Yahan har index ki agli expiry hai.
NSE expiry rule (NSE/FAOP/68747) aur NSE holiday list se nikali gayi.
3 August 2026 ko trading day badal gaya
Agar aapne NSE ka timetable August 2026 se pehle seekha tha, toh uska ek hissa ab purana ho chuka hai. Trading day ka ant ab ek Closing Auction Session ke ird-gird bana hai. Ise aksar CAS likhte hain. Yeh ek chhoti auction hai jo share ka closing price tay karti hai. Closing price ab normal trading se apne aap nahi nikalta. NSE circular NSE/FAOP/75472 (30 Jul 2026) date ke baare mein saaf kehta hai: “the changes in trading modalities in the Equity Derivatives segment due to introduction of CAS in equity segment, shall be effective in LIVE from August 03, 2026.”
Closing auction asal mein kya hai
Normal continuous trading mein aapka order aate hi saamne wale order se match hota hai. Isliye ek share har second alag price par trade ho sakta hai. Auction yeh rok deti hai. Ek tay window tak exchange orders jama karta hai, unhe match nahi karta. Ant mein woh ek hi equilibrium price nikaalta hai. Yeh woh price hai jispar dono taraf ke orders saath mein match hote hain. Us auction mein trade karne wale sab ek hi price par trade karte hain.
Jo share CAS ke andar aata hai, uske liye wahi auction price din ka closing price hai (NSE/CMTR/73362, clause 5.1.1). Yeh continuous trading se laya gaya number nahi hai. Jab koi equilibrium price nahi ban paata, sirf tab exchange continuous trading ke ek figure par lautta hai. Woh figure hai 3:00 se 3:15 pm ke beech us share ke trades ka volume-weighted average price. Wahi average auction ka reference price bhi hai. Uske ird-gird ±3% ka price band banta hai (clauses 2.1, 3.1.1 aur 5.1.1). Auction ke dauran exchange jo dikhta hai woh chhaapta rehta hai. Yaani indicative equilibrium price, us par trade ho sakne wali quantity, aur buy aur sell taraf ka farak (clause 6).
Auction hone ki wajah se 2 mechanical baatein nikalti hain. Equilibrium price mein sirf limit orders aur market orders gine jaate hain. Order ko apni poori quantity dikhani hoti hai, sirf uska disclosed hissa nahi (clauses 4.1 aur 4.2).
Cash aur F&O ab ek hi minute par band nahi hote
NSE/CMTR/73362 cash market ke continuous trading session ka aakhri aadha ghanta naye sire se tay karta hai. Ab woh 2:45 pm se 3:15 pm tak hai (clause 3.2.1.1). Woh derivatives segment ke trading market hours ko aise batata hai: “from 9:00 a.m. to 3:40 p.m. including CAS” (clause 3.2.2.1). In dono ke beech cash market apni auction mein hota hai. Usi waqt stock futures trade karte rehte hain. Un futures par ek price band lagta hai, jo ek reference price ke ±3% par tika hai. Woh reference price har contract ke apne 3:00–3:15 pm ke volume-weighted average se aata hai (clauses 2.3 aur 3.2.1.1).
Is page ka verdict inme se kisko follow karta hai. Upar ka haan-ya-na ek hi window se tay hota hai, aur page yeh khud kehta hai: Continuous trading — every segment, 9:15 am se 3:15 pm IST (Equity cash + equity derivatives (F&O)). Woh window khatam hote hi jawab band ho jaata hai, chahe koi doosra segment ya auction abhi chal rahi ho. Woh upar ke timetable mein apni timing aur apne segment ke saath dikhte hain. Jis waqt aap dekhte ho, us waqt chal rahi row wahan mark hoti hai.
Yeh abhi har share par lagu nahi hai
CAS charanon mein aa raha hai, aur pehla charan chhota hai. Circular ke apne shabd: “CAS shall be made applicable in a phased manner. Initially, the closing price of stocks in the cash segment on which derivative contracts are available shall be determined based on CAS” (NSE/CMTR/73362, clause 1.1). Jis share par koi derivative contract nahi hai, uska closing price abhi bhi purane tareeke se banta hai (clause 5.1.2). Ek index mein dono tarah ke shares ek saath ho sakte hain. Isliye auction ke dauran exchange 2 index values chhaapta hai: asli index, aur ek indicative closing index value (clause 6.5).
Pehle se tay: 7 September 2026
Sabse naya update NSE/CMTR/76170 (3 Sep 2026) hai. Yeh wahi reference-price aur price-band rules stock futures ke saath index futures par bhi lagata hai, 7 September 2026 se. Isse din ke aakhri hisse mein un contracts ki banding badalti hai. Yeh upar ke timetable ke ghanton mein koi badlav nahi hai.
Jawab kaise tay hota hai
Sirf 4 sawaal hain, aur woh kram se poochhe jaate hain. Pehle 3 tay karte hain ki exchange aaj trade karta bhi hai ya nahi. Chautha tay karta hai ki aap din ke kis hisse mein ho.
- Kya exchange ne isi date ke liye koi special session publish kiya hai? Agar haan, toh us circular ki apni window neeche ke har rule se upar hai. Isme weekend wala rule bhi aata hai. Isi wajah se ek Sunday bhi trading day ho sakta hai.
- Kya koi aisa session tay hai jiske ghante abhi publish nahi hue? Muhurat trading iska har saal ka udaharan hai. Date saal ke circular mein hoti hai, aur timing alag circular mein aati hai. Aisi date par yeh page kehta hai ki session ki ummeed hai. Woh na koi ghanta gadhta hai, na market ko band ghoshit karta hai.
- Kya yeh Saturday, Sunday, ya NSE trading-holiday list ki koi date hai? Tab equity aur F&O segments poore din band rehte hain. Holiday list circular se pehle hi publish hoti hai. Woh kisi aise rule par nahi chalti jise aap khud nikaal sako. Isliye date ko list mein dekhna padta hai.
- Ghadi kis session window mein hai? Continuous trading — every segment 9:15 am se 3:15 pm IST tak chalta hai. Yahi ek window jawab ko hara karti hai. Iske pehle aur baad, is page ke hisaab se market band hai, trading day par bhi. Dono taraf ki windows kisi doosre segment ya auction ki hain.
Worked example 1 — ek holiday
Maan lijiye Fri, 26 Jun, 2026. Kisi special-session circular mein yeh date nahi hai, isliye sawaal 1 paar ho jaata hai. Is par bina published timing wala koi session bhi tay nahi hai, isliye sawaal 2 bhi paar. Sawaal 3 ise trading-holiday list mein Muharram ke naam se paata hai (NSE/CMTR/71775 (12 Dec 2025)). Market poore din band hai. Isliye sawaal 4 — ghadi kis session window mein hai — poocha hi nahi jaata. Agla trading session Mon, 29 Jun, 2026, 9:15 am IST par hai. Beech ka weekend chhod diya jaata hai, isliye calendar lagatar 3 non-trading din paar karta hai.
Worked example 2 — ek khula din, deciding window khatam hone ke 5 minute baad
Maan lijiye Mon, 24 Aug, 2026 ko 3:20 pm IST. Yeh weekend nahi hai, aur holiday list mein bhi nahi hai. Isliye yeh normal trading day hai. Lekin Continuous trading — every segment (9:15 am se 3:15 pm IST) 5 minute pehle khatam ho chuka tha. Usi minute ka market status: Open — but the cash market is in its closing auction — Continuous trading in the equity cash segment ended at 3:15 pm IST for stocks that have derivatives, and those stocks are now in the closing auction, which matches by 3:35 pm. Cash stocks with no derivatives are still trading continuously until 3:30 pm. Equity derivatives (F&O) keep trading continuously until 3:40 pm IST.
Yeh paragraph haath se nahi likha gaya. Wahi engine page ke upar wale live sawaal ka jawab deta hai. Verdict aur uske baad ka vaakya wahi hai jo woh 2026-08-24 15:20 IST ke liye lautata hai. Exchange koi window khiskaata hai, toh yeh example bhi saath mein badal jaata hai.
“Aaj band hai” ek nahi, kai sawaal hain
Trading, clearing, settlement aur bank mein paise nikaalna alag processes hain. Har process ke apne documents aur calendar hain. Trading band hone se settlement ya withdrawal ka jawab tay nahi hota. Table har process ko check karne ki jagah batata hai.
| Sawaal | Kya tay karta hai | Jawab kahan milta hai |
|---|---|---|
| Kya abhi koi order match ho sakta hai? | Date trading day hai ya nahi, aur ghadi Continuous trading — every segment ke andar hai ya nahi. | Is page ke upar ka live verdict. |
| Kya yeh date trading day hai bhi? | Exchange ki published holiday list, weekend rule, aur koi bhi circular jo us din special session tay kare. | Holiday list, aur woh calendar jisse yeh list bani hai. |
| Kya aaj ka trade waqt par clear aur settle hoga? | Us segment ka settlement calendar, jo apne non-settlement din chhod deta hai. Exchange trade kar raha ho sakta hai, jabki clearing corporation band ho. | Settlement date calculator. |
| Kya aaj koi contract khatam ho raha hai? | Us contract ki apni specification, aur us par laga koi holiday adjustment. Expiry session timetable se nahi padhi jaati. Woh kisi yaad rakhe weekday se bhi nahi nikalti. | NIFTY aur BANKNIFTY ke monthly contracts ke liye, is page ka agli expiry wala block. Kisi aur contract ke liye, uski apni specification. |
| Kya aaj paisa bank mein nikala ja sakta hai? | Broker ke apne likhe hue processing cut-offs, aur banking day. Dono kisi bhi exchange calendar ke bahar hain. Broker balance mein dikhta paisa settle hue paise jaisa nahi hai. Aur dono, bank ko bheje gaye paise jaise nahi hain. | Broker ke cut-offs aur account ledger. Is site par kuch bhi iska jawab nahi de sakta. |
Pehli row ke andar ek aur jaal hai. Broker exchange ke ghanton ke bahar bhi instruction le sakta hai, aur use agle session tak rok sakta hai. Li gayi instruction trade nahi hai. Kuch hua ya nahi, yeh order screen nahi, execution record batata hai. Inme se har ek alag baat kyun hai, yeh ‘bazaar band hai’ ke 4 alag matlab mein samjhaya gaya hai.
Kinare ke maamle jo logon ko uljhaate hain
Pre-open session market ka khula hona nahi hai
09:00 aur 09:10 IST ke beech exchange orders jama karta hai aur opening price nikaalta hai. Order books hilti hain aur screens jal uthti hain. Abhi tak kuch bhi continuously trade nahi hua hota. Yeh page us window ko band ginta hai aur uska label dikhata hai. Woh pehle se hari batti nahi dikhata.
15:15 ek pakki seema hai, rounding nahi
Usse ek minute pehle market khula hai. 15:15:00 par nahi. Uske baad ek alag rule wali alag cheez aati hai: ek auction, ya kisi doosre segment ki window. Woh normal trading ka badha hua hissa nahi hai. 3 August 2026 ke badlav ne yeh farak aur tez kar diya. Cash market ka continuous session aur derivatives segment ab alag minute par khatam hote hain.
Weekend hamesha band nahi hota
Exchange kabhi-kabhi weekend par live session chalata hai. Yeh page jo calendar padhta hai, usme aisa ek session hai. Yeh Sunday 1 February 2026 ko hua ek special live session hai, apne circular ke saath. Aisi date par upar ka status us circular ki apni timings follow karta hai, weekend rule nahi.
Muhurat trading alag se announce hoti hai
Diwali ka chhota, symbolic session har saal apne circular se confirm hota hai, aksar date ke paas. Uski timing saal ki holiday list ka hissa nahi hoti. Saal ka calendar us din ka naam deta hai — Sunday Sun, 8 Nov, 2026, Diwali Laxmi Pujan. Woh yeh bhi likhta hai ki Muhurat timings NSE alag se notify karega (NSE/CMTR/71775 (12 Dec 2025)).
Aise din par yeh page 2 kaam karta hai, aur teesre se mana karta hai. Woh kehta hai ki session ki ummeed hai. Woh us circular ka naam batata hai jise ghanton ke liye dekhna hai. Woh aisa koi opening time nahi chhaapta jise woh source nahi kar sakta. Aur jab exchange keh chuka ho ki trading hogi, tab woh us date ko poori chhutti bhi nahi likhta. Timing wala circular publish hokar judte hi, wahi date us circular ki apni window se jawab dene lagti hai. Bilkul upar wale special Sunday session ki tarah.
Trading holiday aur settlement holiday alag cheezein hain
Exchange khula ho sakta hai jabki clearing corporation band ho. Settlement aise kaaranon se bhi agle din khisak sakta hai jo market band nahi karte. Woh alag sawaal hai, aur settlement calculator uska jawab deta hai.
Doosre segments apne ghante rakhte hain
Yeh page sirf NSE ke equity cash aur equity-derivative segments ko cover karta hai. Currency aur commodity segments lambe ya alag sessions chalate hain. Achanak ke halts exchange live announce karta hai. Woh kisi published calendar mein nahi aa sakte.
NISM syllabus mein yeh kahan aata hai
Trading hours, pre-open call auction aur exchange holiday calendar "trading mechanism" ke topics hain, product knowledge ke nahi. Yeh NISM ki securities-market certification workbooks mein shuru mein hi aate hain. Jaise equity-derivatives aur research-analyst series. Woh instruments tak jaane se pehle batati hain ki trading session kaise bana hai. Exam mein poochhe jaane wale facts wahi hain jo is page par hain. Yaani timetable mein har session window ke ghante. Yeh ki call auction cash-market din se pehle aati hai, aur ab use khatam bhi karti hai. Aur yeh ki trading holidays exchange pehle se publish karta hai, kisi date rule se nahi.
Workbooks circulars se peeche chalti hain. NISM apni workbooks aur syllabus outlines samay-samay par badalta hai. 3 August 2026 ko Closing Auction Session shuru hua. Usse pehle chhapa edition trading day ka purana ant batata hai. Apne exam ke current unit aur chapter NISM website ki official workbook edition se milaaiye.
Jude hue tools
F&O Index Lot Sizes
NIFTY, BANKNIFTY, FINNIFTY aur SENSEX ke current contract lot sizes, har ek ki lagu hone ki date ke saath.
Kholo →NSE Market Calendar 2026
Saal ki har trading holiday uski date, din aur source circular ke saath, aur special sessions bhi.
Kholo →NSE Market Holidays
Holiday list, agla band din highlight karke, aur holidays ke aam sawaalon ke jawab.
Kholo →T+1 Settlement Date Calculator
Weekend aur exchange holidays chhod kar cash-market trade kab settle hota hai.
Kholo →Trade Cost aur Breakeven Calculator
Intraday aur delivery ki brokerage, statutory charges aur breakeven price ka andaaza.
Kholo →- NSE/CMTR/73362 (18 Mar 2026) — Operational guidelines and SOP on introduction of the Closing Auction Session (CAS) in the equity cash segment.
- NSE/FAOP/75472 (30 Jul 2026) — Go-live of the CAS trading modalities in the equity derivatives segment, from 3 August 2026.
- NSE/CMTR/76170 (3 Sep 2026) — Update extending the CAS reference price and price band rules to index futures from 7 September 2026.
Is idea ko samjhein
Is tool se judi chhoti lesson padhein.
Yeh fact kis kaam ka hai
NSE cash stocks, closing auction aur equity derivatives ki timings alag kyun hain, aur trading holiday par kya badalta hai.
Lesson padho Phir yehSettlement date calculatorAaj band hai, toh trade ki settlement date bhi saath mein khisakti hai. Yeh tool holidays ke saath settlement din gin deta hai.
KholoAakhri baar 4 September 2026 ko check kiya gaya.