Business News

Stock market holidays in April: BSE, NSE will remain closed on these 2 days


Indian stock exchanges NSE and BSE will remain closed for trading twice in April. On April 11, stock markets will be closed due to Eid-Ul-Fitr (Ramzan Id), while on April 17, 2024, there will be no trading as the country will observe Ramnavmi. The days will be Thursday and Wednesday respectively.

The stock markets will remain closed once in May, June, July, August, October and December and twice in November. Friday, November 1 will be Diwali (Laxmi Pujan) and Muhurat Trading will be carried out by the stock exchanges and timings will be notified later.

Any change in the public holiday calendar will be announced in advance by a separate circular.

The country’s largest commodities market, the Multi Commodity Exchange of India (MCX), will not witness any trading in the morning between 9 am and 5 pm on both days of April. Discussions will resume in the evening between 5 p.m. and 11:30 p.m./11:55 p.m.

As for the non-agricultural commodities exchange NCDEX, it will also remain closed on both days.

Read also: Block trades worth Rs 16,600 cr are taking place this week; Mankind Pharma and Shriram Finance see significant actionAs per the BSE holiday schedule, holidays have been announced on 14 days in 2024. So far, the indices have been closed four times this year: once on January 26, Republic Day, and three times in March because of Maha. Shivratri, Holi and Good Friday. This week only had three trading days. Indian benchmark indices ended in the green on Thursday, posting their second consecutive positive close, helped by financial and auto stocks. While the S&P BSE Sensex settled at 73,651.35, up 655.04 points or 0.90%, the broader Nifty closed at 22,326.90, up 203.25 points or 0.92%.

In the March series, the Nifty index gained 1.6%, settling at 22,327, while Nifty Bank rose 2.2%, settling at 47,125. Amid this upward journey, the mid-cap index and the small-cap index closed with losses of 0.5% and 4.4%, respectively.


Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button