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Home»Stock Market»Stock market holiday 2024: Is the Indian stock market closed on May 1?
Stock Market

Stock market holiday 2024: Is the Indian stock market closed on May 1?

prosperplanetpulse.comBy prosperplanetpulse.comMay 1, 2024No Comments4 Mins Read0 Views
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Stock market holidays in 2024: As Maharashtra Day celebrations take place in Mumbai and other parts of the state, some investors and observers of the Indian stock market may be confused as to whether Dalal Street will remain open today or not. There is. Such people are advised to log in to the official website of BSE and check the stock market holidays list 2024. There you can find the complete list of stock market holidays in 2024.

Is the Indian stock market open or closed today?

As per the stock market holidays list 2024, trading on BSE and NSE will remain closed due to Maharashtra Day on May 1, 2024. This means that there will be no trading activity on BSE and NSE on Wednesday. However, Indian commodity markets will remain closed for morning trading but open for evening trading. This means that trading on the Multi Commodity Exchange (MCX) will resume at 5pm in the evening instead of 9am in the morning. Separately, no trade settlements will take place on Wednesday.

Also read: India VIX: Increase is limited as market volatility may increase ahead of election results

As May 1, 2024 is a closing holiday, Wednesday’s commodity account balance will not include profits (both realized profits and mark-to-market) from commodity derivative trades and positions on April 28, 2024. , and credits from existing option positions as of April 28, 2024.

Stock market holidays in May 2024

The next stock market holiday will be May 20, 2024 due to Sabah elections to be held in Mumbai from May 1, 2024 onwards. According to the list of stock market holidays 2024, a total of 15 stock market holidays have been declared in 2024. After May 1, 2024, he will have only one stock market holiday in May 2024.

Also read: Gold fell 1% to a one-week low ahead of the Fed meeting, while silver fell 2.6%.

Stock market holidays in 2024

After the Lok Sabha elections on May 20, 2024, the next stock market holiday will be Bakri Eid on June 17, 2024. There is one stock market holiday in July, August and October, but there will be no trading holiday in September 2024. In July 2024, the Indian stock market will remain closed on the 17th of every month due to President Muharram. Trading in August will be suspended on August 15, 2024 due to Independence Day, while trading activities will remain suspended on October 2, 2024 due to Mahatma Gandhi Jayanti.

Global stock markets briefly edged higher on Tuesday as traders remained cautious ahead of the release of key European inflation and growth data, higher corporate earnings and the start of the latest Federal Reserve policy meeting. It stopped. This triggered a decline in Indian stock markets, with major indexes paring losses on Tuesday morning. The Nifty 50 index wiped out all its intraday gains in its last hour of trading and ended in negative territory in a very volatile session on April 30th. At the close, the Nifty 50 index was down 0.17% or 38.6 points at 22604.9. NSE spot market volume increased to Rs 1,250 crore. The broad market index ended in positive territory despite the fall to 0.83:1 ratio.

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Published: May 1, 2024, 7:00 AM IST

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