Stock Market Holiday: Gandhi Jayanti, celebrated on October 2nd, is a national holiday in India, honouring the birth of Mahatma Gandhi. On this day, various institutions, including Indian stock markets, remain closed as a mark of respect for the Father of the Nation.
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed, along with the Multi-Commodity Exchange (MCX). Moreover, all segments, including equity, derivatives, and SLB, will remain closed.
However, regular operations will resume on October 3, allowing investors to trade. It is important to note that there are no other trading holidays in the month of October apart from October 2. For the entire calendar year, the stock markets have 16 annual holidays, one more than last year.
There will also be a special muhurat trading session on Diwali in 2024 which will take place on Friday, November 1, and the exact timings will be announced later.
On Mahatma Gandhi Jayanti, observed on October 2 (Wednesday), the markets will be closed for both sessions. Diwali, on November 1 (Friday), will see a closure in the morning session.
Similarly, for Guru Nanak Jayanti, celebrated on November 15 (Friday), the market will also remain closed during the morning sessionLucknow Wealth Management. Lastly, on Christmas, December 25 (Wednesday), the markets will be closed for both sessions.
On the other hand, Chinese stock markets will remain closed as the nation celebrates a week-long holiday for China National Day, from October 1 to October 7Udabur Investment. Along with China, Hong Kong’s market will also be closed on October 1.
Diwali Laxmi Puja – November 1, 2024Simla Stock
Gurunanak Jayanti – November 15, 2024
Christmas – December 25, 2024
These holidays allow investors to plan, especially when managing portfolios that may be impacted by market closures.
Guoabong Investment