Stock Market Holiday: Indian stock markets will remain closed on Wednesday, 20 November 2024. Know why Indian stock market is closed on weekdays.
Stock Market Holiday: Indian stock markets will be closed on Wednesday, November 20, 2024 and there will be no work on BSE and NSE in the stock market. The holiday in the stock market has been announced to commemorate the assembly elections in Maharashtra. The stock market has given official information about this.
Trading holiday on currency market and commodity exchange as well
There will be a holiday in the stock market on both the exchanges of the stock market i.e. BSE and NSE and there will be no work on the exchange on this day due to Maharashtra assembly elections. There will be a trading holiday on the currency market and commodity exchange as well.
Mumbaikars will be busy on November 20 due to political stir in Mumbai
On the same day, Jharkhand assembly elections will also be held and 9 assembly by-elections of Uttar Pradesh have been announced. By the way, the holiday has been given in the stock market because it is election day in Mumbai, the economic capital of the country from where the stock exchanges operate. There will be political stir in Mumbai, the capital of Maharashtra, on November 20 and for this reason an attempt has been made to give a little break to the financial work so that all Mumbaikars and residents of Maharashtra can exercise their right to vote.
Stock market will remain closed for 12 days in November
Stock market will remain closed for 12 days in November and the reason for this is festivals and special holidays. On Friday, 1st November, there was a holiday in the stock market on the occasion of Diwali. After this, on Friday, 15th November, there will be a holiday in the stock market due to Guru Nanak Jayanti. After this, on Wednesday, 20th November, the stock market will remain closed on the day of Maharashtra assembly elections. At the same time, a total of 12 days of stock market holiday are being included in November, including all Saturdays and Sundays of the month.
Holiday notification issued on NSE
In the notification issued by the exchange on NSE, it was said that “Trading holiday will be continued on the occasion of assembly elections in Maharashtra on the coming Wednesday, 20th November.” For information, let us tell you that voting will be held in the 288-member assembly on 20th November and counting of votes will be done on 23rd November.
