Stock Market Holidays in October 2024: NSE and BSE to Stay Closed on October 2

The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India will be closed on Wednesday, October 2, 2024, for Gandhi Jayanti. This national holiday marks the birthday of Mohandas Karamchand Gandhi, an important leader in India’s fight for independence, known for his teachings of non-violence and peaceful protest.

A trading or stock market holiday is a day when the stock exchange is closed, meaning no trading takes place. This means that any pending orders won’t undergo settlement on holidays like NSE and BSE holidays.

All trading activities, including stocks, equity derivatives, and securities lending and borrowing (SLB), will be closed.

The Multi Commodity Exchange (MCX) will also be closed for both trading sessions on October 2. Trading will resume as usual on Thursday, October 3.

Bank Nifty Expiry Moved Due to Stock Market Holiday on October 2, 2024

With the stock market set to close on October 2, 2024, for Gandhi Jayanti, the Bank Nifty’s usual Wednesday expiry was shifted to October 1, 2024. 

Stock Market Trading Hours

The Indian stock market is usually open from 9:15 AM to 3:30 PM, Monday to Friday. There is also a pre-open session from 9:00 AM to 9:15 AM on regular trading days. The markets remain closed on weekends, on Saturdays and Sundays.

Upcoming Stock Market Holidays 2024

NSE and BSE Holiday Calendar List 2024

MCX Holiday List 2024

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.