Due to exchange holidays on Good Friday, March 29, the market will only have three trading sessions the following week.
Due to the Holi event, the Indian stock market will be closed for trade on Monday, March 25. Due to exchange closures on Good Friday, March 29, the market will only have three trading sessions the following week.
The Multi Commodity Exchange (MCX), the nation’s biggest non-agricultural commodities market, will close for business on Monday from 9 a.m. to 5 p.m., but trade will reopen from 5 p.m. to 9 p.m. On that day, though, there won’t be any trading for the agri-commodity index. On Friday, MCX and NCDEX will both observe a trade shutdown.
The BSE holiday calendar indicates that 14 trade holidays are planned for 2024. In the past, the markets were closed on March 8 for Shivratri and January 26 for Republic Day.
April will have two market closures for equity; May, June, July, August, October, and December will see one each; and November will see two. Diwali (Laxmi Pujan) will be celebrated on Friday, November 1, and the exchanges will engage in Muhurat Trading. We will notify you later on Muhurat Trading Times.
Stock Market Holidays 2024
The last holiday for March is Good Friday, based on the stock market holiday calendar for 2024. There will be two stock market holidays in April 2024: April 11 and April 17. The Indian stock market will be closed on April 11 in observance of Eid-Ul-Fitr, also known as Ramzan Eid. On April 17, the NSE and BSE will be closed to observe Ram Navami.
Following the US and UK central banks’ decisions to hold interest rates last Friday, local stocks rose sharply in tandem with the global rally. After a slow start, the Nifty 50 index increased over time, closing the day at 22097, up 85 points (+0.4%). Except for IT, every industry saw gains as the overall market finished favorably. Auto, Pharma, and Realty were some of the best-performing companies. But when US IT firm Accenture revised its revenue estimates for FY24, the IT industry felt some selling pressure. After initially estimating 2 to 5 percent, Accenture revised its full-year sales growth expectation to a range of 1 to 3 percent.
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