Mumbai, The stock market will remain closed on Wednesday (May 1) due to celebration of Maharashtra Day in the country's financial capital Mumbai. Every year May 1 is celebrated as Maharashtra Day on the occasion of the establishment of the state of Maharashtra. On this day in 1960, the state of Maharashtra came on the map of the country on linguistic basis.

According to the market holidays list of Bombay Stock Exchange, both the stock exchanges NSE and BSE will remain closed on May 1 on the occasion of Maharashtra Day. The commodity market will remain closed in the morning session, but the evening session of the commodity market will remain open. The evening session in the commodity market i.e. MCX starts at 5:00PM. Apart from this, there will be no trade agreements on Wednesday.

When will the market open?

After May 1, the market will open on the next day i.e. May 2 (Thursday). Apart from this, the next holiday will be on May 20, 2024. There will be a holiday in Mumbai on this day due to voting for the Lok Sabha elections. After this there is no holiday in the stock market.

Stock market holidays in 2024

The next holiday for the stock market will be on 17 June 2024 for Bakrid. There will be a stock market holiday in July, August and October while there will be no trading holiday in September 2024. The Indian stock market will remain closed on the 17th of the month for Muharram in July 2024. In August, trading will remain closed for Independence Day celebrations on 15 August 2024 while trading activities will remain suspended for Mahatma Gandhi Jayanti on 2 October 2024.