Due to the stock market holiday on August 15, 2024, in observance of the 78th Indian Independence Day celebration, the week was cut short. However, some market participants and investors are uncertain whether Dalal Street will reopen on Monday or Tuesday. This misconception arises because Raksha Bandhan 2024 falls on Monday, August 19, 2024. Stock market fans are urged to visit the BSE or NSE website and look up the list of stock market holidays in 2024 if they would like more information on whether Monday will be a stock market holiday or not.
Stock market Holidays in August 2024
People are urged to visit bseindia.com, the website of the BSE, and select the ‘Trading Holidays’ option located at the top of the page to avoid any confusion. The full list of stock market holidays for 2024 opens after selecting the ‘Trading Holidays’ option. There is only one trading holiday in August on this list of stock market holidays, and that is August 15, 2024. The trading holiday for 2024 is scheduled for October 2, 2024, following August 15, 2024. This indicates that on Monday of next week, the Indian stock market will stay open.
There will be 15 trading holidays in 2024, according to the list of stock market holidays. There will be four stock market holidays remaining in the current year after August 15, 2024. The four trading holidays in question are Mahatma Gandhi Jayanti on October 2, 2024, Diwali/Laxmi Pujan on November 1, 2024, Guru Nanak Jayanti on November 15, 2024, and Christmas on December 25, 2024.
Last Friday, the Indian stock market closed higher as the US Fed’s talk of a rate decrease was rekindled and the worry of a US recession subsided. The BSE Sensex surged 1,330 points and concluded at 80,436 while the Bank Nifty index gained 788 points and ended at 50,515. The Nifty 50 index finished 396 points north at 24,540. During Friday’s trading, the BSE Small-cap index surged 1.70 per cent in the overall market, while the Mid-cap index surged 1.80 per cent. Every industry saw a positive finish, but the leading gainers were IT and real estate, with increases of more than 2% per day.
