Sunday, November 10, 2024

Is Indian stock market closed tomorrow for Diwali 2024?

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Stock market holiday: After the Dhanteras 2024 national celebrations on 29th October 2024, the country is ready to celebrate Diwali 2024. However, there needs to be more clarity on whether Diwali 2024 will be celebrated on 31st October 2024 or 1st November 2024. According to Drik Panchang, the festival of lights will be celebrated on 31st October 2024. Now, from the stock market perspective, this Drik Panchang may not be enough to clear the confusion about whether the Indian stock market will be closed on 31st October or on 1st November for Diwali 2024. To solve this confusion, stock market followers are advised to look at the list of stock market holidays in 2024.

Stock market holidays in October 2024

To avoid such confusion, people are advised to go to the BSE website — bseindia.com and click on the ‘Trading Holidays’ option on the top. After clicking the ‘Trading Holidays’ option, the complete list of stock market holidays in 2024 is opened. In this list of stock market holidays, there is just one stock market holiday in October 2024 that fell on 2nd October 2024 for Mahatma Gandhi Jayanti.

Stock market holidays in November

After Mahatma Gandhi Jayanti, the next trading holiday falls on 1st November 2024. This means the Indian stock market will remain open tomorrow. In other words, the Indian stock market holiday falls on 1st November 2024 or Friday this week for the Diwali 2024 festival. Trading in the currency and derivative segment will remain closed on 1st November 2024. 

Trading activity in the Commodity Derivatives Segment and Electronic Gold Receipts will remain suspended from 9:00 AM to 5:00 PM. However, trading activity will resume at 5:00 PM in the evening session.

According to the list of stock market holidays in 2024, there will be two trading holidays in November 2024 — 1st November 2024 for Diwali 2024 and 15th November 2024 for Guru Nanak Jayanti.

Stock market holidays in 2024

According to the list of stock market holidays in 2024, there will be 15 trading holidays in 2024. After 2nd October 2024, just three more stock market holidays are left in the current year. Those three trading holidays are 1st November 2024 (Diwali/Laxmi Pujan), 15 November 2024 (Guru Nanak Jayanti), and 25 December 2024 (Christmas).





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