1 01-Jan-10 Friday New Year
2 26-Jan-10 Tuesday Republic Day
3 12-Feb-10 Friday Mahashivratri
4 01-Mar-10 Monday Holi
5 24-Mar-10 Wednesday Ram Navmi
6 02-Apr-10 Friday Good Friday
7 14-Apr-10 Wednesday Dr. Ambedkar Jayanti
8 10-Sep-10 Friday Ramzan ID
9 05-Nov-10 Friday Laxmi Puja*
10 17-Nov-10 Wednesday Bakri Id
11 17-Dec-10 Friday Moharum

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The holidays falling on Saturday / Sunday are as follows:

1 28-Mar-10 Sunday Mahavir Jayanti
2 01-May-10 Saturday May Day
3 15-Aug-10 Sunday Independence Day
4 11-Sep-10 Saturday Ganesh Chaturthi
5 02-Oct-10 Saturday Gandhi Jayanti
6 17-Oct-10 Sunday Dasara
7 07-Nov-10 Sunday Bhau Bhij
8 21-Nov-10 Sunday Gurunanak Jayanti
9 25-Dec-10 Saturday Christmas

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*Muhurat Trading will be conducted.

Timings of Muhurat Trading shall be notified subsequently.

Why is today a holiday?

Till last year, the markets remained open on 1st January......

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I too thought that today market will open But

I think now we just go with western style

I guess there are lots of prominent holidays falling on Sat/Sun, unlike past years.

That's why they have taken the privilege and declared 1st Jan as Holiday.

Yes 10 holidays in a year is a standard norm (could be a mandated RULE, don't know)
52 * 5 - 10 = 250 working days in a year.