Indian stock exchanges NSE and BSE will remain closed for trading today (Wednesday( on account of Maharashtra Day. Meanwhile, the country's largest commodity market, the Multi Commodity Exchange of India (MCX), will see no trading in the morning session between 9 am and 5 pm but will resume trading in the evening session between 5 pm and 11:30/11:55 pm.
As for the non-agri commodity exchange National Commodity & Derivatives Exchange (NCDEX), it will also remain shut in both the sessions.
In May, there is only one trading holiday for the domestic equity markets.
The markets will remain closed once each in June (Bakri Eid), July (Muharram), August (Independence Day), October (Mahatma Gandhi Jayanti) and December (Christmas) and twice in November. November 1, Friday will be Diwali (Laxmi Pujan) and Muhurat Trading will be conducted by the exchanges and timings will be notified later.
Any change in the holiday calendar will be announced through a separate circular in advance.
As per the BSE holiday calendar, trading holidays have been announced on 14 days in 2024. So far, thay have been closed on seven occasions this year — Once on January 26 which is the Republic Day and three times in March on account of Maha Shivratri, Holi and Good Friday. They were also shut twice in April — once on account of Eid-ul-Fitr and then on Ramnavmi.
Indian benchmark indices ended in the red on Tuesday amid selling action across sectors with IT, metals and pharma stocks. The S&P BSE Sensex ended the session at 74,482.78, up by