Stock Market Holidays In July 2024: No trading on BSE and NSE for 9 Days in July, check details here
Stock Market Holidays In July 2024: Understanding stock market holidays is essential for traders and investors. The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have scheduled holidays that mark significant national and cultural events. This helps traders plan their activities and strategies effectively. In July 2024, there is an important holiday to note.
Stock Market Holidays July 2024
In July 2024, including Saturdays and Sundays both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will observe a single trading holiday. On July 17, 2024, the stock markets will be closed in observance of Muharram. The BSE has announced that trading will be suspended in the following sectors on this day: equity, equity derivatives, SLB, currency derivatives, and interest rate derivatives.
The NSE provides year-round trading to ensure a seamless experience for traders. The standard trading hours are from 9:15 a.m. to 3:30 p.m., Monday through Friday. However, on weekends (Saturday and Sunday) and certain holidays, such as July 17, 2024, no trading takes place in the stocks, equity derivative, and SLB categories.
What is Muharram?
Muharram is a significant observance for the Shia Muslim community. It commemorates the martyrdom of Hussain Ibn Ali, the son of Ali and the grandson of Prophet Muhammad, who was killed in the Battle of Karbala in 680 AD. The 10th of Muharram, known as the Day of Ashura, marks Hussain's ultimate sacrifice. It is a day of mourning and remembrance, highlighting his bravery against Yazid I's forces. For Muslims, the Day of Ashura is also significant because it is believed to be the day Moses and his followers triumphed over the Egyptian Pharaoh. Bank holidays in July 2024.
NSE and BSE Holidays 2024
In addition to the stock market holiday on July 17, 2024, for Muharram, the NSE and BSE have other scheduled holidays throughout the year. These include:
| Date | Day | Holiday |
|---|---|---|
| July 17, 2024 | Wednesday | Muharram |
| August 15, 2024 | Thursday | Independence Day |
| October 2, 2024 | Wednesday | Mahatma Gandhi Jayanti |
| November 1, 2024 | Friday | Diwali Laxmi Pujan |
| November 15, 2024 | Friday | Gurunanak Jayanti |
| December 25, 2024 | Wednesday | Christmas |
These holidays are marked on the exchange calendar, allowing traders to plan their activities accordingly.
Being aware of stock market holidays is crucial for traders. The BSE and NSE will be closed on July 17, 2024, in observance of Muharram, affecting all trading sectors. This day, along with other national and cultural holidays in 2024, should be noted to ensure efficient trading plans. By keeping track of these dates, traders can better manage their portfolios and trading strategies.
Note: Details mentioned here are as per the information available.
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