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Indian Stock Market Holidays 2024

Stock Market Holidays 2024

The Indian stock market plays a pivotal role in the country’s economic landscape, attracting millions of investors and traders. To ensure a smooth and informed investment journey, it’s crucial to be aware of the scheduled stock market holidays 2024. This year in 2024, the stock market in India will observe 14 holidays, each with its unique significance and impact on market activity.

List of Stock Market Holidays 2024

1. Republic Day – January 26, 2024 (Friday)

The year kicks off with Republic Day, a national holiday celebrating the adoption of the Constitution of India. On this day, the stock exchanges in India will remain closed, allowing market participants to commemorate the historical event.

2. Mahashivratri – March 08, 2024 (Friday)

Mahashivratri, dedicated to Lord Shiva, is a Hindu festival celebrated with great fervor. Traders and investors will have the day off to observe the festival, providing an opportunity for reflection and spiritual activities.

3. Holi – March 25, 2024 (Monday)

Holi, the festival of colors, marks the triumph of good over evil. The stock market will remain closed, offering market participants a day to engage in festive celebrations and cultural activities.

4. Good Friday – March 29, 2024 (Friday)

Good Friday, a Christian holiday commemorating the crucifixion[1] of Jesus Christ, is observed with solemnity. On this day, the stock exchanges will be closed, allowing individuals to observe religious practices and spend time with family.

5. Id-Ul-Fitr (Ramadan Eid) – April 11, 2024 (Thursday)

Id-Ul-Fitr, marking the end of Ramadan, is celebrated with prayers, feasts, and social gatherings. One of the stock market holidays 2024.

6. Shri Ram Navmi – April 17, 2024 (Wednesday)

Shri Ram Navmi, the birth anniversary of Lord Rama, is observed by Hindus with prayers and processions. The stock market will remain closed, enabling market participants to partake in religious and cultural activities.

7. Maharashtra Day – May 01, 2024 (Wednesday)

Maharashtra Day marks the creation of the state of Maharashtra. On this day, stock trading takes a pause, allowing investors and traders to honor the historical significance of the occasion.

8. Bakri Id – June 17, 2024 (Monday)

Bakri Id, also known as Eid al-Adha, is a significant Islamic festival involving the sacrifice of animals. The stock market will be closed, permitting market participants to observe religious practices and engage in festive celebrations.

9. Moharram – July 17, 2024 (Wednesday)

Moharram, observed by the Muslim community, commemorates the martyrdom of Imam Hussain. On this day, there is one of the stock market holidays 2024, providing time for religious observances and solemn rituals.

10. Independence Day/Parsi New Year – August 15, 2024 (Thursday)

Independence Day is a momentous occasion for all Indians, celebrating the country’s freedom. Additionally, it coincides with Parsi New Year. The stock market will be closed to honor these events, allowing individuals to participate in patriotic and cultural activities.

11. Mahatma Gandhi Ji Jayanti – 02 October, 2024 (Wednesday)

Mahatma Gandhi Jayanti, commemorating the birth anniversary of the Father of the Nation, is observed as a national holiday. On this day, the stock market will remain closed, giving investors an opportunity to reflect on Gandhi’s teachings and principles.

12. Diwali Laxmi Pujan – 01 November, 2024 (Friday)

Diwali, the festival of lights, is a time of prosperity, joy and new beginnings. On Diwali Laxmi Pujan, a special one-hour trading session known as Muhurat Trading takes place in the evening, allowing investors to make symbolic trades for the upcoming financial year.

13. Gurunanak Jayanti – November 15, 2024 (Friday)

Gurunanak Jayanti, celebrating the birth of Guru Nanak Dev Ji, is a significant Sikh festival. The stock market will remain closed, providing time for Sikhs and others to participate in religious events and community celebrations.

14. Christmas – December 25, 2024 (Wednesday)

Christmas, commemorating the birth of Jesus Christ, is widely celebrated across India. On this day, the stock exchanges will be closed, allowing investors to enjoy the festive season with family and friends.

[Also Read: Best 10 Stocks for 2024]

In 2024, as investors navigate the Indian stock market, it’s essential to keep track of the scheduled stock market holidays 2024. Each holiday provides an opportunity for individuals to observe religious and cultural festivities, reflect on historical events, and spend valuable time with loved ones. Additionally, the special Muhurat Trading session on Diwali Laxmi Pujan adds a unique touch to the year, allowing investors to make symbolic trades as they embark on a new financial journey. By staying informed about these stock market holidays 2024, market participants can plan their investment strategies effectively and make the most of their trading experience in the coming year.

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