In light of the upcoming Assembly Elections in Maharashtra, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed for trading on Wednesday, November 20, 2024. As a result, there will be no trading activities in the Equity Segment, Equity Derivative Segment, and the Securities Lending and Borrowing (SLB) Segment.
This holiday has been declared to allow market participants to focus on the election process, which is a significant event for the state. The markets will resume normal trading activities the following day.
The Indian stock market has already observed several holidays in 2024, with some major ones still lined up for the rest of the year. The market was closed on November 1, 2024, to celebrate Diwali, one of the most important festivals in India. However, a special one-hour Muhurat trading session was conducted on the same day between 6:00 pm and 7:10 pm to mark the beginning of the new Hindu calendar year.
Looking ahead, the next stock market holiday will be on November 15, 2024, in observance of Guru Nanak Jayanti, a significant religious occasion for many in India. Additionally, the stock markets will remain closed on December 25, 2024, for Christmas celebrations.
Investors and traders should plan accordingly around these holidays to avoid any disruptions in their trading schedules.
