Copyright & copy HT Digital Streams Limited All Rights Reserved. 2 minutes checked out 20 May 2024, 06:09 AM IST Trade Now Vaamanaa Sethi Other than May 20, the marketplace was closed on May 1 this month due to Maharashtra Day, honoring the facility of the state of Maharashtra on May 1, 1960. Premium Stock market vacations in 2024 (MINT_PRINT) The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will be observing a considerable closure on May 20. This is because of the 5th ballot stage for the Lok Sabha Election 2024 in Mumbai, marking the 2nd vacation of the month. The closure remains in line with the seven-phase election, as all 6 seats in the city are set for ballot. Besides May 20, the marketplace was closed on May 1 this month due to Maharashtra Day, honoring the facility of the state of Maharashtra on May 1, 1960. This followed the linguistic reorganisation of Indian states. Check out: Stocks to purchase or offer: GAIL to Ashok Leyland– Sumeet Bagadia suggests 3 stocks for May 21 The Lok Sabha elections in Maharashtra are structured throughout 5 stages, with the very first 4 taking location on April 19, April 26, May 7, and May 13 respectively. The last stage is slated for May 20, followed by the tallying of votes on June 4. Because of the 5th stage of the basic election, banks in Maharashtra will stay closed on May 20. This stage includes ballot in 13 out of the state’s 48 Lok Sabha constituencies, consisting of Dhule, Dindori, Nashik, Kalyan, Palghar, Bhiwandi, Thane, Mumbai North, Mumbai North-West, Mumbai North-East, Mumbai North-Central, Mumbai South-Central, and Mumbai South. Here’s a list of market vacations in 2024 – May 20 – General Elections June 17- Bakrid July 17- Muharram August 15- Independence Day October 2- Gandhi Jayanti November 1- Diwali November 15- Guru Nanak Jayanti December 25- Christmas Stock Market Update The Sensex and Nifty 50, which are crucial domestic stock exchange indications, concluded Saturday’s trading session with upward momentum. This extends their current three-day rally, which was buoyed by fresh foreign financial investments and beneficial international signals. Every sectoral index completed in favorable area, with little and mid-cap indices going beyond the criteria in efficiency. Check out: ICICI Securities is bullish on these 2 Tata Group stocks, seeing up to 27% benefit. Throughout the 2nd unique trading session, the 30-share BSE Sensex concluded at 74,005.94, marking a boost of 88.91 points, or 0.12%. The NSE Nifty 50 reached 22,502.00, revealing an increase of 35.90 points, or 0.16%. Throughout the more comprehensive market, the Nifty Midcap 100 saw a 0.51% uptick, while the Nifty SmallCap 100 rose by 0.82%. On Saturday, the worry gauge index, India VIX, tape-recorded a 3.67% boost in closure. On May 7, the BSE and NSE divulged prepare for a specific trading session in the equities and equity acquired departments set up for May 18. This session examines their readiness to handle significant failures or disruptions at the main website. Unlock a world of Benefits! From informative newsletters to real-time stock tracking, breaking news and an individualized newsfeed – it’s all here, simply a click away! Login Now! Capture all business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. More Less Published: 19 May 2024, 01:54 PM IST Next Story
Stock exchange vacation: Is Indian share market shut today for Lok Sabha elections?|Mint – Mint
