India Stock Exchange Holidays 2024
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
Date | Day | Holiday | Description |
---|---|---|---|
January 1 | Monday | New Year's Day | New Year’s Day |
January 25 | Thursday | Republic Day | Celebrates adoption of Indian Constitution |
February 8 | Thursday | Maha Shivaratri | Hindu festival dedicated to Lord Shiva |
March 29 | Friday | Good Friday | Commemorates the crucifixion of Jesus Christ |
April 4 | Thursday | Ram Navami | Hindu festival celebrating the birth of Lord Rama |
April 14 | Sunday | Ambedkar Jayanti | Honors Dr. B.R. Ambedkar |
May 1 | Wednesday | International Labour Day | Honors the contributions of workers |
June 17 | Monday | Eid-ul-Fitr | Marks the end of Ramadan |
August 15 | Thursday | Independence Day | Celebrates India’s independence from British rule |
August 19 | Monday | Ganesh Chaturthi | Hindu festival celebrating Lord Ganesha |
September 7 | Saturday | Janmashtami | Marks the birth of Lord Krishna |
October 2 | Wednesday | Gandhi Jayanti | Honors Mahatma Gandhi’s birthday |
October 24 | Thursday | Diwali | Festival of Lights |
November 5 | Tuesday | Gurpurab | Celebrates the birth of Guru Nanak |
December 25 | Wednesday | Christmas Day | Celebrates 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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