Introduction
Understanding the holiday schedule of the stock market is crucial for investors and traders. This blog post provides a comprehensive list of trading and settlement holidays for India’s National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in 2024.
Trading Holidays
The stock markets in India observe several holidays throughout the year. In 2024, the NSE and BSE will be closed on the following days:
- January 26, 2024 – Republic Day
- March 29, 2024 – Holi
- April 14, 2024 – Dr. Babasaheb Ambedkar Jayanti
- May 1, 2024 – Maharashtra Day
- August 15, 2024 – Independence Day
- October 2, 2024 – Mahatma Gandhi Jayanti
- November 12, 2024 – Diwali
- December 25, 2024 – Christmas
Settlement Holidays
Settlement holidays are days when the stock exchanges are open for trading but the settlement of trades does not occur. These holidays are vital for traders to note to manage their funds and positions efficiently. In 2024, the following dates are recognized as settlement holidays:
- January 1, 2024 – New Year’s Day
- March 25, 2024 – Good Friday
- August 19, 2024 – Parsi New Year
- October 21, 2024 – Dussehra
Conclusion
Being informed about stock market holidays can help investors and traders plan their activities better. The NSE and BSE holiday schedules for 2024 include critical trading and settlement holidays that participants should mark on their calendars. For the most accurate and updated information, always refer to the official announcements from the NSE and BSE websites.