Stock Market Holidays On January 30 - February 1, 2025: BSE, NSE Opened Or Closed On Economic Survey, Budget?

Stock Market Holidays 2025: The big moment is just around the corner, Finance Minister Nirmala Sitharaman will present the Economic Survey and Budget for FY26 on January 31st and February 1. So far, the Indian stock market witnessed a volatile week leading up to these big events. That being said, is trading open or closed on BSE and NSE in the next two days?

Stock Market Holidays 2025:

As per the BSE and NSE holidays list, the market will be opened on January 31, which is the day the economic survey for FY26 will be presented.

On the other hand, the February 1st Budget announcement falls on a weekend, namely Saturday. And weekends are by default stock market holidays. Hence, trading in equities, equity derivates, derivatives, commodities, bonds, forex and other market-related instruments will be closed on Saturday, February 1, 2025.

Notably, this is the second time February 1st has fallen on Saturday since 2017, and the Covid-19 pandemic. The last Budget that was presented on a Saturday was on February 1, 2020, right after nationwide band due to the coronavirus.

What Is Economic Survey, Budget?

The Economic Survey of India reviews the developments in the Indian economy over the past financial year, summarizes the performance of major development programs, and highlights the policy initiatives of the government and the prospects of the economy in the short to medium term, as per Wikipedia.

Meanwhile, India's Union Budget is known as the annual financial statement under Article 112 of the Constitution of India. This annual budget is announced every financial year since Republic Day in 1950 which marked the constitution of the country.

The annual Budget includes revenues and capital expenditure targets that the government could spend or predict to earn during that financial year. During the annual budget, the Finance Minister announces key reforms and policies that could drive consumption, investment and income of citizens and companies. That being said, the annual budget aims to drive the economy in that respective fiscal than compared to the previous year.

What To Expect in Budget 2025?

Ajay Lakhotia, Founder and CEO, StockGro said, "As we approach the Union Budget 2025, there is significant anticipation for tax reforms and job creation initiatives. A key expectation is raising standard deduction limit in income tax, which would provide essential relief to middle-class families and boost disposable income, encouraging greater economic participation."

Lakhotia added, "Also, to foster an inclusive investment ecosystem, I hope the government evaluates increasing the long-term capital gains (LTCG) exemption limit to ₹5 lakh and reducing the Securities Transaction Tax (STT). Additionally, expanding capital gains exemptions under Sections 54 and 54F for residential property reinvestment would truly support India's vision of a robust financial market."

"For Startups, simplifying ROC Compliance and keeping most of the sectors under the Automatic FDI route will ensure bringing in more capital into the ecosystem. These initiatives will not only drive innovation but also align with improving the job market. Collectively, these efforts can help realize our vision of a 'Viksit Bharat' and promote economic progress for all," he said lastly.

Also, Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities said, focus remains on India's upcoming budget announcement, which is expected to set the tone for foreign investment and economic growth. Any major policy changes could impact rupee sentiment in the near term. The rupee's trading range is expected to remain between 86.25 and 86.80.