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For traders and investors, keeping track of stock market holidays is crucial for planning trades and managing portfolios effectively. In 2024, the Indian stock market will observe several holidays when both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain closed. Understanding these holidays and special trading sessions like Muhurat trading can help you strategize better. Below is a detailed guide to the stock market holidays in 2024 and other key information.
Here is a comprehensive list of the major stock market holidays for 2024:
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Muhurat Trading Date: November 01, 2024
Day: Friday
Muhurat Trading is a special, symbolic trading session held on the occasion of Diwali. It is considered highly auspicious and is believed to bring prosperity and wealth throughout the year. For 2024, Muhurat Trading will be held on November 01. The exact timing for the session will be announced closer to the date, but it generally occurs in the evening, allowing traders to partake in this traditional event.
If today is a weekday, i.e., Monday to Friday, and it doesn’t coincide with any public holiday or special event, then the stock market is open for trading from 9:15 a.m. to 3:30 p.m.
The stock market in India is closed on Saturdays and Sundays unless there is a special trading session announced. If tomorrow is either of these days, or a listed public holiday, then the market will be closed.
On regular trading days (Monday to Friday), the Indian stock market closes at 3:30 p.m.
On weekdays from Monday to Friday, the Indian stock market operates between 9:15 a.m. and 3:30 p.m. If today is a weekday and not a public holiday, the market will be open.
The stock market remains closed on weekends, i.e., on Saturdays and Sundays, allowing traders and market operators to rest and manage administrative and maintenance tasks. These off days provide a necessary break in the trading cycle.
Yes, the Indian stock exchanges do not operate on Saturdays unless there is a special trading session scheduled, which is rare.
If tomorrow is a weekday (Monday to Friday) and not a public holiday, then the Indian stock market will be open from 9:15 a.m. to 3:30 p.m. The market remains closed on Saturdays and Sundays.
No, trading is not permitted on settlement holidays. These days are reserved for the clearing and settlement of trades, ensuring that all financial transactions are processed accurately and efficiently.
For traders and investors, being aware of the stock market holidays in 2024 is crucial for planning your trading strategies and portfolio management. Whether it’s a significant national holiday like Independence Day or a special trading event like Muhurat Trading, knowing these dates in advance can help you stay ahead of the game. Make sure to mark these holidays on your calendar and adjust your trading plans accordingly to avoid any surprises.