Share market holidays 2024: Is Indian stock market closed on 1st May?
Share market holidays 2024: Amid celebrations of Maharashtra Day in Mumbai and other parts of Maharashtra, some sections of the Indian stock market investors and observers might get confused about whether Dalal Street will remain open today or not. For such people, it is advisable to log in to the official BSE website and check the stock market holidays 2024 list. There one can find the full list of share market holidays 2024.
As per the list of stock market holidays 2024, trading at BSE and NSE will remain closed on 1st May 2024 for Maharashtra Day. This means there will be no trading activity taking place on BSE and NSE on Wednesday. However, the Indian commodity market will remain closed in the morning session whereas it will remain open during the evening session.
This means, trading at the Multi Commodity Exchange or MCX will resume at 5:00 PM evening instead of morning 9:00 AM. Apart from this, trade settlements won't take place on Wednesday. Also Read: India VIX: Market volatility may rise ahead of election results, gains limited As May 1, 2024, will be a settlement holiday, the commodity account balance on Wednesday will not incorporate the profits (both realized and marked to market) from trades or positions in commodity derivatives made on April 28, 2024, nor will it include the credits from existing option positions as of April 28, 2024.
After 1st May 2024, the next stock market holiday will fall on 20th May 2024 due to the Lok Sabha elections taking place in Mumbai. As per the list of share market holidays in 2024, a total of 15 stock market holidays have been declared in 2024. After 1st May 2024, there will be just one share market holiday falling in May 2024.
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