Stock Market holiday: BSE, NSE to remain shut on this date for Muharram

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The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain closed for a day next week on the occasion of Muharram. Traders and investors need to stay informed about the significant stock market holiday as the BSE has issued a notification in this regard over the suspension of trade in the key sectors on this day — SLB, equity, equity derivatives, currency
derivatives, and interest rate derivatives among others.

When is Muharram?

Muharram marks the beginning of a new Islamic year. This time, it will be marked on July 17, Wednesday. Also known as Muharram-ul-Haram, it is the first month of the Islamic Hijri calendar.

In addition to weekends, the holiday calendar of NSE includes several national and cultural observances. Accordingly, the NSE and BSE will remain shut on July 17, 2024, in observance of Muharram.

July 2024: Stock Market holidays

The National Stock Exchange remains committed to providing a seamless trading experience to the people, maintaining standard weekday trading hours for the equity market from 9:15 am to 3:30 pm. This provides traders with a six-hour and 15-minute window.

However, it must be noted that the equities, SLB segments and equity derivatives remain closed on all Saturdays and Sundays.

As both the NSE and BSE have aligned holiday schedules, here’s taking a look at the upcoming holidays in 2024:

July 17, 2024: Muharram

August 15, 2024: Independence Day

October 2, 2024: Mahatma Gandhi Jayanti

November 1, 2024: Diwali

November 15, 2024: Gurunanak Jayanti

December 25, 2024: Christmas

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