Mahaparinirvan Diwas 2024: Will Stock Market Be Open on December 6, 2024

On December 6, 2024, Maharashtra observes Mahaparinirvan Diwas, marking the 68th death anniversary of Dr. B.R. Ambedkar. This significant day sees thousands gathering at Chaityabhoomi in Mumbai to honour his legacy. Here’s a concise guide on what’s open and closed in Maharashtra on this day.

Government Offices

The Maharashtra government has declared a local holiday for state and semi-government offices in Mumbai and its suburban areas. Consequently, these offices will remain closed on December 6.

Banks

All public and private banks across Maharashtra, including the State Bank of India, will operate as usual on December 6. There are no changes to banking hours or services.

Stock Markets

Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will function normally, with standard trading hours in effect.

Liquor Shops

The Mumbai city collector has declared December 6 a dry day. As a result, all liquor shops in Mumbai will be closed.

Other Public Holidays in December

Apart from December 6, 2024, Maharashtra, along with the rest of the country, will observe a public holiday on December 25, 2024, for Christmas. Both banks and stock exchanges will remain closed on this day. You can check the stock market and bank holidays in December 2024 to better plan your financial transactions.

In summary, while essential services like banking and stock markets remain operational on Mahaparinirvan Diwas, certain government offices and liquor shops will be closed. Special transportation arrangements and traffic advisories are in place to ensure the smooth movement of many devotees paying homage to Dr. B.R. Ambedkar.

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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.