Stock market holidays in May 2024: NSE, BSE to remain closed on these days; check list here

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2 min read 28 Apr 2024, 03:18 PM IST Trade Now

Vaamanaa Sethi

The NSE and BSE volition beryllium closed connected May 20 owed to the wide elections, specifically erstwhile each six Lok Sabha seats successful Mumbai are contested successful the 5th signifier of the seven-phase electoral process.

Indian banal  marketplace  holidays (MINT_PRINT)Premium Indian banal marketplace holidays (MINT_PRINT)

Both Indian banal exchanges Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) volition stay closed for 2 days successful the period of May 2024. Specifically, some exchanges volition beryllium closed connected May 1 successful observance of Maharashtra Day.

The day, besides referred to arsenic Maharashtra Day, marks the constitution of the authorities of Maharashtra connected May 1, 1960, pursuing the linguistic reorganization of Indian states.

Also read: Bank Holidays successful May 2024: Banks volition stay closed connected THESE 10 days. Check each details here

In summation to May 1, the NSE and BSE volition beryllium closed connected May 20 owed to the wide elections, specifically erstwhile each six Lok Sabha seats successful Mumbai are contested successful the 5th signifier of the seven-phase electoral process.

In Maharashtra, Lok Sabha elections are scheduled crossed 5 phases. The archetypal 2 phases took spot connected April 19 and April 26, with the remaining seats acceptable for voting connected May 7, May 13, and May 20. Vote counting is slated for June 4. The 2024 Lok Sabha elections commenced successful India with 102 seats voting successful the archetypal signifier connected April 19, signaling a turnout of astir 65.5%. Subsequently, successful the 2nd phase, different 88 seats underwent polling, with a elector turnout of 63%.

Here's a database of banal marketplace holidays successful 2024 -

May 1, 2024 - Maharashtra Day

May 20, 2024 - General Elections

June 17, 2024 - Bakrid

July 17, 2024 - Muharram

August 15, 2024 - Independence Day

October 2, 2024 - Gandhi Jayanti

November 1, 2024 - Diwali

November 15, 2024 - Guru Nanak Jayanti

December 25, 2024 - Christmas

Also read: Bonus Share: Motilal Oswal Financial Services Board approves bonus shares successful the ratio of 3:1: Share terms scales highs

Stock Market Update

On Friday, April 26, the Indian banal marketplace indices, namely the Sensex and the Nifty 50, halted their consecutive five-day streak of gains, influenced by mixed signals from the planetary market.

The Sensex commenced trading astatine 74,509.31, contrasting with its erstwhile closing fig of 74,339.44. Throughout the trading session, it reached its highest astatine 74,515.91 and its nadir astatine 73,616.65. The composite of 30 shares concluded the time with a diminution of 609 points, equivalent to 0.82%, settling astatine 73,730.16, with 24 stocks exhibiting losses.

The Nifty 50 commenced trading astatine 22,620.40, contrasting with its erstwhile closing fig of 22,570.35. Throughout the day, it reached its highest astatine 22,620.40 and its nadir astatine 22,385.55. Ultimately, the scale concluded the league astatine 22,419.95, marking a diminution of 150 points oregon 0.67 percent from its erstwhile close.

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Published: 28 Apr 2024, 03:18 PM IST

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