India’s stock markets will remain open for trading on Saturday, February 1, a rare occurrence, as Finance Minister Nirmala Sitharaman presents her eighth Union Budget on a weekend.CompanyValueChange%ChangeIn light of this, broking firm Zerodha has shared some advise for traders. In a post on social media platform “X”, Zerodha founder and CEO Nithin Kamath said that markets are bound to be volatile and hence advises traders to be cautious.”If you are an active trader, I guess you should reduce trading size during event days. That is, if you cannot stop yourself from trading,” Kamath wrote on “X.”
So, the budget day is tomorrow, and yes, there is trading on a Saturday. Markets are bound to be volatile, so trade with caution.If you are an active trader, I guess you should reduce trading size during event days. That is, if you cannot stop yourself from trading.By the…
— Nithin Kamath (@Nithin0dha) January 31, 2025
He also wrote about how Zerodha will probably be the only broker which will allow Buy today and Sell tomorrow trades on days of settlement holiday, which will be on Sunday.This means that traders could buy something today and sell something tomorrow without any restrictions.Sensex and Nifty have gone into the Budget with a four-day winning streak, with the Nifty ending above the mark of 23,500 on Friday. Midcaps and Smallcap stocks have also seen a sharp recovery.
Budget 2025: Here is Zerodha’s advice to traders as stock markets open on Saturday
Date: