December 22, 2024

Stock Market Holiday: Are BSE, NSE, MCX Closed on Good Friday? Know More

0
nifty-169458905416x9.jpg


Last Updated: March 28, 2024, 13:56 IST

Good Friday is here and it will be observed ahead of Easter 2024. This year Good Friday is on March 29. Indian stock, bond, and commodity markets will remain shut on Friday.

Trading on the stock exchanges BSE and National Stock Exchange (NSE), the commodity exchanges MCX and NCDEX, and the bond markets will resume on Monday, April 1. The BSE and NSE will kick off the day with a 15-minute pre-opening session starting at 9:00 am, followed by regular trading from 9:15 am onwards. MCX will also resume its regular trading hours, with the morning session running from 9:00 am to 5:00 pm and the evening session from 5:00 pm until 11:30/11:55 pm.

This periodic closure of markets is a common practice observed during major religious and national holidays in India. The upcoming Good Friday holiday marks an important occasion for the Christian community and allows market participants to take a well-deserved break from their trading activities.

Traders and investors are advised to plan their strategies accordingly, taking into account the holiday schedule and the potential impact on market liquidity and price movements. As always, it is essential to stay informed about such market holidays to ensure seamless trading operations and effective risk management.

Upcoming stock market holiday in April 2024-full list

April 11, 2024: Thursday, Id-Ul-Fitr (Ramadan Eid)

April 17, 2024: Wednesday, Ram Navami

May 1, 2024: Wednesday, Maharashtra Day

June 17, 2024: Monday, Bakri Id

July 17, 2024: Wednesday, Muharram

August 15, 2024: Thursday, Independence Day/Parsi New Year

October 2, 2024: Wednesday, Mahatma Gandhi Jayanti

November 1, 2024: Friday, Diwali Laxmi Pujan*

November 15, 2024: Friday, Gurunanak Jayanti

Good Friday – Will Banks Remain Open?

Banks will generally remain open but states which recognize Good Friday as state holiday may have curtailed working hours.



Source link

Leave a Reply

Your email address will not be published.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