Is the stock market open for Diwali tomorrow?
Equity markets will remain closed on Friday on account of Diwali. However, exchanges will conduct a special Muhurat Trading session for an hour between 6:00 pm and 7:00 pm.
Muhurat Trading is a special one-hour trading session held on the occasion of Diwali, marking the beginning of the Hindu calendar year, Samvat 2081.
This symbolic trading window is believed to bring prosperity and financial growth, as it occurs during an auspicious time considered ideal for starting new ventures.
The multi-commodity exchange will also be closed for the first half but will remain open for the evening session from 5:00 pm. Trade settlements will also be closed on Friday.
Markets have a total of 15 holidays in the calendar year 2024, same as 2023. In the year 2023, markets were closed for 15 annual holidays.
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