Stock Market Holidays In May 2024: Trading On BSE, NSE Will Be Closed For 10 Days, Check Detail Here

Share Market Holiday In May 2024:?In India, most of the buying and selling of stocks happens on two stock markets: the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The NSE is India's biggest financial market and is ranked 3rd in the world for stock trading (electronic order book) in 2022. This is an improvement from the previous year when it was ranked 4th according to the World Federation of Exchanges (WFE).

The Indian stock market operates through two main exchanges: the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The BSE, which began in 1875, is the oldest stock market in Asia, while the NSE was started in 1992.

The Indian stock market is watched over by the Securities and Exchange Board of India (SEBI), which makes sure that trading is fair and transparent and that investors are protected. The SEBI also oversees other financial markets in India, like mutual funds and commodity markets.

The National Stock Exchange (NSE) of India has these trading hours and holidays:

National Stock Exchange (NSE) Trading Hours

• Normal trading: Monday to Friday, from 9:15 AM to 3:30 PM
• Pre-opening: Monday to Friday, from 9:00 AM to 9:15 AM
• Post-closing: Monday to Friday, from 3:40 PM to 4:00 PM

The pre-opening time lets investors place orders and change or cancel them before normal trading begins. The post-closing time lets investors place orders at the closing price of the day.

Trading Holidays in May 2024

In May, both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will be closed for two days apart from weekends - First holiday fall on May 1st, which is Maharashtra Day, commemorating the establishment of the state of Maharashtra on May 1, 1960, following the linguistic reorganization of Indian states. The second holiday in May for both exchanges will be on May 20th. This holiday is observed due to the Lok Sabha Elections taking place on that day, covering all six Lok Sabha seats in Mumbai as part of the fifth phase of the seven-phase voting process.

Trading in the stock market needs careful planning and analysis of market movements. So, it's important to know when the markets are open and when they are closed. The list of stock market holidays is based on Indian festivals, both national and regional. To avoid problems and the risk of losing money, check if there is a trading holiday in the Indian stock market. Here's the full list of NSE holidays in May 2024:

Share Market Holiday in May 2024:

Also Read;?Bank Holiday 2024 On May 1: Banks Will Be Closed In These States Tomorrow, Check Details Here

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