Market Holiday: BSE, NSE To Remain Closed Tomorrow In This State. Know Why

Market Holiday: The National Stock Exchange (NSE) and the BSE will not conduct trading or settlements in stocks, derivatives, or securities lending and borrowing segments on Wednesday

Market Holiday: Indian stock markets will remain closed on Wednesday, November 20, 2024, due to the Maharashtra Legislative Assembly elections. The National Stock Exchange (NSE) and the BSE will not conduct trading or settlements in stocks, derivatives, or securities lending and borrowing (SLB) segments on the day.

Maharashtra Elections

The Election Commission of India announced on October 15, 2024, that voting for the 288-seat Maharashtra Legislative Assembly would take place in a single phase. A total of 4,136 candidates are in the fray. The counting of votes is scheduled for November 23, 2024.

Upcoming Stock Market Holidays

After November 20, the next market holiday will be on December 25, 2024, for Christmas. This will be the final stock market holiday for the year.

Trading Hours Overview

The Indian stock market operates Monday to Friday, with trading hours from 9:15 AM to 3:30 PM, and a pre-open session from 9:00 AM to 9:15 AM. Markets remain closed on weekends.

Commodity Market Schedule for November 20

Multi Commodity Exchange (MCX): Closed for the morning session (9:00 AM – 5:00 PM), but the evening session will be open from 5:00 PM to 11:55 PM (till 9:00 PM for select agri commodities).

National Commodity & Derivatives Exchange (NCDEX): Fully closed for the day.

Contracts set to expire on November 20 will now settle on Tuesday, November 19, 2024.

Market Recap: November 18, 2024

On Monday, domestic benchmark indices ended in the red amid weak global cues. Both the BSE Sensex and NSE Nifty50 closed the session lower, reflecting cautious investor sentiment ahead of the state elections.