BSE and NSE Consider Keeping Markets Open on Saturday, February 1, for Union Budget 2025
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) are reportedly evaluating the possibility of keeping the stock markets open on Saturday, February 1, 2025, to coincide with the presentation of the Union Budget 2025. This development was reported by CNBC-TV18, citing insider sources.
According to these sources, the exchanges aim to provide investors with the opportunity to trade on Budget day, an event that significantly impacts market sentiment and stock prices.
Historical Precedents
Stock exchanges in India have previously remained open on Budget Saturdays.
- February 1, 2020: Markets operated during Budget announcements.
- February 28, 2015: Markets were open for Budget-related trading activities.
Operational Considerations
Sources have also indicated that both BSE and NSE are currently reviewing the operational requirements needed to facilitate trading on Budget day. If approved, trading hours on February 1, 2025, are likely to align with regular market timings.
Union Budget 2025 Overview
Finance Minister Nirmala Sitharaman will present her eighth consecutive Union Budget on February 1, 2025.
- The Union Budget is a comprehensive financial document detailing the government’s plans for expenditures, revenues, and economic policies for the upcoming fiscal year.
- Prepared by the Department of Economic Affairs under the Ministry of Finance, it includes announcements of new financial schemes, taxation policies, and projections for economic growth.
As Budget day approaches, this decision by the exchanges is expected to attract significant attention from traders and investors alike.