Stock Market Holiday for Good Friday
Indian inventory, bond, and commodity markets will stay shut for operations as we speak.
Good Friday is right here and will probably be noticed forward of Easter 2024. This 12 months Good Friday is on March 29, i.e. as we speak. Indian inventory, bond, and commodity markets will stay shut for operations as we speak.
The truncated week noticed solely three buying and selling classes. On Monday, March 25, fairness markets have been closed on account of Holi.
The 30-share BSE benchmark Sensex surged 655 factors or 0.9% to settle at 73,651. The broader NSE Nifty gained 203 factors or 0.92% to finish at 22,327. Meanwhile, the Nifty and BSE Sensex gained about 29% and 25%, respectively, in FY24.
The rupee depreciated 6 paise to settle at 83.39 in opposition to the US greenback on Thursday as a consequence of a strengthening buck in opposition to main rivals abroad and rising crude oil costs within the worldwide markets.
Trading on the inventory exchanges BSE and National Stock Exchange (NSE), the commodity exchanges MCX and NCDEX, and the bond markets will resume on Monday, April 1. The BSE and NSE will kick off the day with a 15-minute pre-opening session beginning at 9:00 am, adopted by common buying and selling from 9:15 am onwards. MCX may also resume its common buying and selling hours, with the morning session operating from 9:00 am to five:00 pm and the night session from 5:00 pm till 11:30/11:55 pm.
This periodic closure of markets is a standard apply noticed throughout main non secular and nationwide holidays in India. The upcoming Good Friday vacation marks an vital event for the Christian group and permits market contributors to take a effectively-deserved break from their buying and selling actions.
Traders and buyers are suggested to plan their methods accordingly, considering the vacation schedule and the potential impression on market liquidity and value actions. As all the time, it’s important to remain knowledgeable about such market holidays to make sure seamless buying and selling operations and efficient danger administration.
Upcoming inventory market vacation in April 2024-full listing
April 11, 2024: Thursday, Id-Ul-Fitr (Ramadan Eid)
April 17, 2024: Wednesday, Ram Navami
May 1, 2024: Wednesday, Maharashtra Day
June 17, 2024: Monday, Bakri Id
July 17, 2024: Wednesday, Muharram
August 15, 2024: Thursday, Independence Day/Parsi New Year
October 2, 2024: Wednesday, Mahatma Gandhi Jayanti
November 1, 2024: Friday, Diwali Laxmi Pujan*
November 15, 2024: Friday, Gurunanak Jayanti
