The NSE and BSE will halt trading on August 15, 2024, for the stock market holiday on Independence Day. Investors are advised to adjust their trading plans to accommodate this scheduled holiday.
This holiday will see the equity, equity derivative, and securities lending and borrowing segments shut down, impacting all related transactions. Normal trading activities will be unavailable during this time.
Trading on both the NSE and BSE is set to resume the following day, August 16, 2024, at 9:15 AM. This brief pause is in line with the official holiday schedule for India’s major stock exchanges.
In 2024, there are 14 trading holidays as outlined by the stock exchanges last year. For August, the stock market will only close for Independence Day, with no other holidays scheduled for that month.
Stock Market Holiday 2024 FAQs
1. Will the stock market be open on August 15, 2024?
On August 15, 2024, both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will observe Independence Day and will be closed, halting all trading activities for the day.
2. Which segments of the stock market will be affected by the holiday?
On August 15, trading in the equity, equity derivative, and securities lending and borrowing (SLB) segments of the stock market will be suspended in observance of Independence Day. Consequently, no transactions will be processed in these segments during the holiday.
3. Are commodity exchanges also closed on Independence Day?
Yes, both the Multi Commodity Exchange (MCX) and the National Commodity & Derivatives Exchange (NCDEX) will be observing the holiday. Trading will pause during the morning and evening sessions.
