Stock Market Holidays in October 2024
As the festive season approaches in October and November, investors should prepare for several closures in the stock markets. According to the Bombay Stock Exchange (BSE) website, the stock markets will be closed for a total of 9 days in October 2024. This includes both weekend closures on Saturdays and Sundays, as well as a significant holiday on October 2nd, which marks Mahatma Gandhi Jayanti. On this day, there will be no trading on both the National Stock Exchange (NSE) and BSE.
Performance Overview
Last week, the 30-share BSE Sensex witnessed a notable increase, gaining 1027.54 points or 1.21 percent. In fact, on Friday, the Sensex reached an impressive all-time high of 85,978.25 points, reflecting the positive sentiment in the market leading up to the festive period.
Stock Market Closure Dates
To help you plan your investment strategy effectively, let’s take a look at the specific days when the stock market will be closed in October and November 2024.
BSE Holiday Calendar for October 2024
| Date | Day | Reason |
|---|---|---|
| October 2 | Wednesday | Mahatma Gandhi Jayanti |
| October 5 | Saturday | Weekend |
| October 6 | Sunday | Weekend |
Importance of Planning
It is crucial for investors to keep track of these holidays to schedule their trading activities accordingly. The official calendar of trading holidays is available in the ‘Trading Holidays’ section on the BSE website. Investors should refer to this official list for accurate information to avoid any inconveniences.
MCX Trading Updates
Additionally, the Multi Commodity Exchange (MCX) will also remain closed for both trading sessions on October 2, 2024. Similar to the BSE and NSE, MCX’s closure reflects the holiday for Mahatma Gandhi Jayanti, emphasizing the need for all traders to remain aware of the market calendar.
This closure period during the festive season is an opportunity for investors to reflect on their strategies and seek potential opportunities in the market post-holidays. By planning their investment activities based on the holiday calendar, investors can navigate this festive period wisely.
