The status header
The header names the exchange and year and shows the market's live state, such as open, or weekend with the market closed and when it reopens, with a clock in IST. An Add to calendar button downloads the schedule as an .ics file, and a chip counts the trading days left in the year. Four cards sit beneath it.
| Card | Meaning |
|---|---|
| Market today | Whether the selected exchange is open, closed for a weekend or closed for a holiday, and when it reopens. |
| Next holiday | The next full closure with its date, weekday and a countdown in days. |
| Holidays left | How many of the year's holidays remain, and how many long weekends are ahead. |
| Next long weekend | How many days the break lasts and its date range. |
Controls and views
- Exchange and year. Switch between NSE, BSE and MCX, since commodity session arrangements can differ from equities, and choose the year.
- Calendar and list. A month calendar marks full closures and weekends, and a list view shows every holiday as a row. A search box finds a holiday by name.
- Coming up. Cards for the next few holidays with a countdown chip and flags such as Expiry shifts or a multi-day break, with a count of those remaining in the year.
Holidays and expiries
When a weekly or monthly expiry falls on a trading holiday, it moves, usually to the previous trading day. The Expiry shifts flag on a holiday card marks those cases so you know in advance that an expiry will not fall on its usual day. If no such holidays remain, contract expiries stay on schedule.
Expiry-day behaviour, such as gamma, pinning and theta decay, moves with the expiry. If an expiry shifts earlier, so do the effects traders plan around.
How to use it
- Select the exchange you trade and the year.
- Check the next holiday and any long weekend before holding positions, especially options with a short time to expiry, since time decay continues over closed days.
- Look for Expiry shifts flags before choosing an expiry.
- Add the schedule to your calendar if you want reminders.
Limits
A trading closure and a settlement holiday are different, and commodity sessions can follow different arrangements, including partial sessions. Special sessions can occur. Always verify expiry adjustments and special sessions against the applicable exchange notice before acting. For how expiry changes option behaviour, see the gamma on expiry day guide and the premium decay guide.