Following a week of strong market performance, investors should note the upcoming schedule. There has been some uncertainty about whether the observance of Eid Milad Un Nabi on Monday, September 16, 2024, might result in a stock market holiday. However, based on the official holiday listings from the BSE and NSE websites, there will be no trading halt on that date.

 

Indian stock markets will be open on Monday, September 16, 2024, the day of Eid-e-Milad-un-Nabi. All trading segments, including equity, derivatives, and SLB, will function normally. The Multi-Commodity Exchange (MCX) will also operate during both the morning and evening sessions.

For the latest information on stock market holidays, investors can check the BSE website at bseindia.com. The “Trading Holidays” section provides the official and updated list of holidays for 2024.

Therefore, trading will proceed without interruption on Monday, September 16, 2024.

 

The official stock market holiday list shows that there are 15 trading holidays in 2024. After the most recent holiday on August 15, 2024 (Independence Day), four more holidays are scheduled for the remainder of the year:

– October 2, 2024 (Mahatma Gandhi Jayanti)
– November 1, 2024 (Diwali/Laxmi Pujan)
– November 15, 2024 (Guru Nanak Jayanti)
– December 25, 2024 (Christmas)

The next stock market holiday will be on October 2, 2024, for Mahatma Gandhi Jayanti.

 

Although there was reduced activity on Friday, banking stocks experienced strong demand throughout the session. The Nifty 50 index fell by 32 points, ending at 25,356, while the BSE Sensex dropped 71 points to close at 82,890. In contrast, the Bank Nifty index gained 165 points, finishing at 51,938. Among broader indices, the Small-cap index saw a rise of 0.95%, and the Mid-cap index increased by 0.48%.