India Stock Exchange Holidays 2024

The Indian stock exchanges, including the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), observe a number of public holidays throughout the year. These holidays affect trading schedules, and understanding them is crucial for investors and traders to plan their activities effectively. This comprehensive guide provides a detailed list of all the stock exchange holidays in India for the year 2024, along with some insights into their impact on the trading environment.

Holidays Overview

The Indian stock exchanges follow a calendar of holidays that typically align with national public holidays and specific religious festivals. The dates for these holidays can vary slightly each year, especially for religious festivals which are based on lunar calendars. Below is a detailed list of the trading holidays for the BSE and NSE in 2024.

January 2024

  • January 1 (Monday): New Year's Day
    New Year's Day marks the beginning of the year and is a public holiday across India. The stock exchanges will be closed.

  • January 25 (Thursday): Republic Day
    Republic Day celebrates the adoption of the Indian Constitution. It is a major national holiday, and the stock exchanges will be closed.

February 2024

  • February 8 (Thursday): Maha Shivaratri
    Maha Shivaratri is a Hindu festival dedicated to Lord Shiva. The stock exchanges will be closed for this religious observance.

March 2024

  • March 29 (Friday): Good Friday
    Good Friday commemorates the crucifixion of Jesus Christ and is observed as a public holiday in India. The stock exchanges will be closed.

April 2024

  • April 4 (Thursday): Ram Navami
    Ram Navami celebrates the birth of Lord Rama, a significant Hindu festival. The stock exchanges will be closed for this day.

  • April 14 (Sunday): Ambedkar Jayanti
    Ambedkar Jayanti honors Dr. B.R. Ambedkar, the architect of the Indian Constitution. This is observed as a public holiday, and the stock exchanges will be closed.

May 2024

  • May 1 (Wednesday): International Labour Day
    International Labour Day is a public holiday dedicated to the contributions of workers. The stock exchanges will be closed.

June 2024

  • June 17 (Monday): Eid-ul-Fitr
    Eid-ul-Fitr marks the end of Ramadan, the Islamic holy month of fasting. The date may vary based on moon sightings, but it is generally observed as a public holiday.

August 2024

  • August 15 (Thursday): Independence Day
    Independence Day commemorates India's independence from British rule. It is a major national holiday, and the stock exchanges will be closed.

  • August 19 (Monday): Ganesh Chaturthi
    Ganesh Chaturthi celebrates the birth of Lord Ganesha. The stock exchanges will be closed for this Hindu festival.

September 2024

  • September 7 (Saturday): Janmashtami
    Janmashtami marks the birth of Lord Krishna. The date may vary based on lunar calculations, but it is generally a public holiday.

October 2024

  • October 2 (Wednesday): Gandhi Jayanti
    Gandhi Jayanti honors Mahatma Gandhi’s birthday, and is observed as a public holiday in India. The stock exchanges will be closed.

  • October 24 (Thursday): Diwali
    Diwali, also known as the Festival of Lights, is one of the most important Hindu festivals. The stock exchanges will be closed for Diwali.

November 2024

  • November 5 (Tuesday): Gurpurab
    Gurpurab celebrates the birth of Guru Nanak, the founder of Sikhism. The stock exchanges will be closed for this religious observance.

December 2024

  • December 25 (Wednesday): Christmas Day
    Christmas Day celebrates the birth of Jesus Christ and is a public holiday across India. The stock exchanges will be closed.

Impact on Trading

Holidays can significantly impact trading volumes and market activities. During the days when the stock exchanges are closed, no trading transactions occur, and investors must plan their trades accordingly. It is also important to note that trading volumes might fluctuate before and after holidays, as traders adjust their positions in anticipation of or following the holiday period.

Planning for Holidays

Investors and traders should keep these dates in mind when planning their trading strategies. It is advisable to check for any additional regional holidays that may affect specific exchanges or markets. Additionally, it’s crucial to stay informed about any changes in the holiday schedule as announced by the stock exchanges.

In summary, being aware of the stock exchange holidays helps investors make informed decisions and manage their portfolios effectively. The above list for 2024 includes all major public and religious holidays when the Indian stock exchanges will be closed.

Summary Table of Indian Stock Exchange Holidays 2024

DateDayHolidayDescription
January 1MondayNew Year's DayNew Year’s Day
January 25ThursdayRepublic DayCelebrates adoption of Indian Constitution
February 8ThursdayMaha ShivaratriHindu festival dedicated to Lord Shiva
March 29FridayGood FridayCommemorates the crucifixion of Jesus Christ
April 4ThursdayRam NavamiHindu festival celebrating the birth of Lord Rama
April 14SundayAmbedkar JayantiHonors Dr. B.R. Ambedkar
May 1WednesdayInternational Labour DayHonors the contributions of workers
June 17MondayEid-ul-FitrMarks the end of Ramadan
August 15ThursdayIndependence DayCelebrates India’s independence from British rule
August 19MondayGanesh ChaturthiHindu festival celebrating Lord Ganesha
September 7SaturdayJanmashtamiMarks the birth of Lord Krishna
October 2WednesdayGandhi JayantiHonors Mahatma Gandhi’s birthday
October 24ThursdayDiwaliFestival of Lights
November 5TuesdayGurpurabCelebrates the birth of Guru Nanak
December 25WednesdayChristmas DayCelebrates the birth of Jesus Christ

Understanding and preparing for these holidays is essential for anyone involved in the Indian stock market. Make sure to stay updated with any announcements from the stock exchanges and adjust your trading strategies accordingly.

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