Muharram Stock Market Holiday: The Indian stock markets will remain closed on Wednesday, July 17, 2024, due to Muharram, which marks the beginning of the Islamic calendar’s first month and is among the four sacred months in Islam.
As per the official holiday calendar released by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), both major stock exchanges in India will be closed on Wednesday, July 17, 2024, in observance of Muharram.
The closure of NSE and BSE on July 17 means that there will be no trading activities on this day. This includes the equity segment, equity derivative segment, and SLB segment. Additionally, the Multi Commodity Exchange (MCX) and the National Commodity & Derivatives Exchange (NCDEX) will also remain closed for trading in the morning session, though the evening session may operate as usual.
What are the usual stock market trading hours?
Trading hours for the Indian stock market are typically from 9:15 AM to 3:30 PM on weekdays, Monday through Friday. The pre-open market, however, begins at 9:00 AM and settles at 9:07 AM on regular trading days.
Stock markets are shut over the weekend, i.e. on Saturday and Sunday.
Will the stock market be open on July 17, 2024?
No, both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will be closed on July 17, 2024, in observance of Muharram. This means that there will be no trading activities on this day.
Forthcoming holidays
For calendar year 2024, the two major indices — NSE and BSE — have announced at least 14 stock market holidays for various festivals and other major events.
The upcoming holidays, affecting market operations, include Independence Day on August 15 (Thursday), Mahatma Gandhi Jayanti on October 2 (Wednesday), Diwali Pratipada on November 1 (Friday), Gurunanak Jayanti on November 15 (Friday), and Christmas on December 25 (Wednesday).
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