Stock Markets Shut on Tuesday for Ambedkar Jayanti, Commodity Exchanges See Partial Closures
Domestic stock exchanges, including the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), will remain closed for trading on Tuesday, April 14, in observance of Dr. Baba Saheb Ambedkar Jayanti. This closure will halt all trading activities across equity, derivatives, and equities-linked segments for the entire day.
Commodity Markets Operate on Split Schedule
Commodity markets will experience a partial impact due to the holiday. The Multi Commodity Exchange of India (MCX) will remain shut during the morning session but will resume trading in the evening from 5 pm to 11:30 pm. In contrast, the National Commodity & Derivatives Exchange (NCDEX) will be closed for both morning and evening sessions, with no trading activity throughout the day.
Trading across all exchanges is scheduled to resume on Wednesday, April 15, as per the standard market calendar.
Upcoming Market Holidays for 2024
Looking ahead, the next market holidays include:
- May 1: Maharashtra Day
- May 28: Bakri Eid
Additional holidays planned for the second half of the year are:
- June 26: Muharram
- September 14: Ganesh Chaturthi
- October 2: Gandhi Jayanti
- October 20: Dussehra
- November 10: Diwali Balipratipada
- November 24: Guru Nanak Jayanti
- December 25: Christmas
Notably, there is no separate holiday for Diwali this year as it falls on a Sunday. However, Muhurat Trading will be held on November 8, with specific timings to be announced later by the exchanges.
Potential Revisions and Past Holidays
Exchanges reserve the right to revise the holiday calendar if necessary, with any changes communicated through official circulars to ensure transparency and compliance.
Earlier this year, markets were closed on January 26 for Republic Day. March saw three trading holidays: Holi on March 3, Shri Ram Navami on March 26, and Shri Mahavir Jayanti on March 31, reflecting the diverse cultural and religious observances in India.
