Share Market Holiday Today:
Share Market Holiday Today The stock market will be closed today, Monday, May 20th. Due to the Lok Sabha general elections, there will be no trading on BSE and NSE today. Both benchmark Indian equity markets, BSE Sensex and NSE Nifty, will remain closed on Monday, May 20, 2024. According to the BSE website, the equity, equity derivatives, SLB, and currency segments will remain closed on Monday. The stock market will reopen on Tuesday, May 21st. The holiday on May 20th for the stock market is under Section 25 of the Negotiable Instruments Act, 1881, recognizing the importance of citizen participation in the electoral process.
Maharashtra Elections Today:
Share Market Holiday Today : The stock markets will be closed on May 20th because voting for the Lok Sabha elections 2024 will take place in Mumbai. Under the fifth phase of Lok Sabha elections, voting will take place on all 6 Lok Sabha seats in Mumbai. Today, voting will take place on Lok Sabha seats in Dhule, Dindori, Nashik, Bhiwandi, Kalyan, Thane, Mumbai North, Mumbai North West, Mumbai North East, Mumbai South, Mumbadevi South Central, Mumbai North Central, and Palghar. According to the Election Commission announcements, the Lok Sabha elections in Maharashtra were scheduled to take place in five phases on April 19, April 26, May 7, May 13, and May 20. After this general election break, the next holiday for the stock market will be on June 17, 2024 (Monday) for ‘Bakri Eid’. The rest of the calendar year 2024 will see 7 holidays after the Lok Sabha election holidays.
June 17, 2024: Monday, Bakri Eid
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 Lakshmi Puja
November 15, 2024: Friday, Guru Nanak Jayanti
December 25, 2024: Wednesday, Christmas
In addition, five other holidays in 2024 will be observed during the weekends:
1. April 14, 2024, Sunday, Dr. Baba Saheb Ambedkar Jayanti
2. April 21, 2024, Sunday, Shri Mahavir Jayanti
3. September 7, 2024, Saturday, Ganesh Chaturthi
4. October 12, 2024, Saturday, Dussehra
5. November 2, 2024, Saturday, Diwali-Balipratipada”