Stock Market Holiday 2024 NSE, BSE Shut on Account of Gandhi Jayanti

The Indian stock markets, including the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), will observe a holiday on Wednesday, October 2, 2024, in honor of Gandhi Jayanti. This national holiday commemorates the birth of Mahatma Gandhi, a pivotal figure in India’s independence movement, known for his principles of nonviolence and civil disobedience. As the markets remain closed, trading activities, including equity, derivatives, and securities lending, will pause, allowing investors to reflect on Gandhi’s legacy.

Stock Market Holiday 2024

In addition to Gandhi Jayanti, several other market holidays are scheduled throughout the year. The Multi Commodity Exchange (MCX) will also close both its sessions on this day. With normal trading resuming on Thursday, October 3, this holiday serves as an important reminder of the cultural and historical significance behind the observances that impact financial activities in the country. As traders and investors look ahead, understanding the holiday schedule can help in planning their strategies effectively. Below is a detailed overview of the stock market holiday schedule, upcoming market performance, and trading hours for Indian markets.

WhatsApp Channel Join Button

Stock Market Holiday Overview

Stock Market HolidayDate
Gandhi JayantiOctober 2, 2024
DiwaliNovember 1, 2024 (Friday)
Guru Nanak JayantiNovember 15, 2024 (Friday)
ChristmasDecember 25, 2024 (Wednesday)

Stock Market Closure Details

Market TypeClosure Time
EquityAll day
DerivativesAll day
Securities LendingAll day
Multi Commodity ExchangeAll day

Recent Market Performance

Market IndexClosing Trend
BSE SensexSlightly down
NSE Nifty50Slightly down

Normal Trading Hours

Trading SessionsTime
Pre-open Session9:00 AM – 9:15 AM
Regular Trading Hours9:15 AM – 3:30 PM

Upcoming Market Holidays for 2024

Holiday NameDateSession Type
DiwaliNovember 1Closed morning session
Guru Nanak JayantiNovember 15Closed morning session
ChristmasDecember 25Closed all day

Impact of Holidays on Trading

Impact AreaDescription
Trading VolumeTypically lower
Market SentimentReflective
Investor ActivityPaused

Historical Significance of Gandhi Jayanti

SignificanceDescription
Birth of Mahatma GandhiKey figure in independence
Principles of NonviolenceInfluenced global leaders

Stock Market Trading Resumption

Market TypeResumption Date
All MarketsOctober 3, 2024

Extended Market Breaks

MarketClosure Dates
Chinese MarketsOctober 1 – 7, 2024
Hong Kong MarketsOctober 1, 2024

Special Trading Sessions

OccasionDateSession Details
Diwali Muhurat TradingNovember 1Special trading session

Summary of Market Holidays

Summary PointsDetails
Total Holidays4 in 2024
Key ObservancesCultural significance
Impact on TradersPlanning required

Final Remarks on Market Closure

RemarksImplications
Importance of HolidaysReflect on history
Investor StrategiesAdjust accordingly

Stock Market Summary

The Indian stock markets, including the NSE and BSE, will be closed on October 2, 2024, in observance of Gandhi Jayanti, honoring Mahatma Gandhi’s birth. This holiday affects all trading activities, including equity and derivatives. Normal trading will resume on October 3. Additional holidays in 2024 include Diwali and Christmas. Understanding these holidays is crucial for traders to plan their strategies effectively.

WhatsApp Channel Join Button