Stock market holidays in May 2024 (Image Source: iStockphoto)
The next month of the ongoing year i.e. 2024 is to commence on May 1, 2024. As the new month will start in a few days, it is advisable to be aware of holidays and other crucial information for any inconvenience.
One such important piece of information about which investors should take note is Stock Market holidays. Continue reading to find out the dates on which both the NSE and BSE will remain closed and the reason for their shutdown.
Stock Market Holidays In May 2024
The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) are set to close their doors for two days in May.
Stock Market Holiday On May 1, 2024
The first holiday is on May 1.
Why The Stock Market Will Close On May 1, 2024?
The indian exchanges will be closed on account of Maharashtra Day.
Stock Market Holiday On May 20, 2024
Additionally, on May 20, 2024, both exchanges will observe a holiday due to the Lok Sabha Poll date.
Why The Stock Market Will Close On May 20, 2024?
On this date, all six Lok Sabha seats in Mumbai go to polls in the fifth phase of the general elections.
All About Maharashtra Day
Maharashtra Day, also known as Maharashtra Din, is the anniversary of the formation of the state of Maharashtra. The state was formed on May 1, 1960. This day holds significance and commemorates the linguistic reorganisation of Indian states.
Stock/Share Market Holidays In 2024
The holiday list of the share market in 2024 is out already. One can check it on the official website of the Indian exchanges. Here is the list of stock market holidays in 2024 from now onwards.
Stock Market Holidays In May 2024
Date: May 1
Day: Wednesday
Reason: Maharashtra Day
Date: May 20
Daye: Monday
Reason: Lok Sabha Elections In Maharashtra
Stock Market Holidays In June 2024
Date: June 17
Day: Monday
Reason: Bakrid
Stock Market Holidays In July 2024
Date: July 17
Day: Wednesday
Reason: Muharram
Stock Market Holidays In August 2024
Date: August 15
Day: Thursday
Reason: Independence Day
Stock Market Holidays In October 2024
Date: October 2
Day: Wednesday
Reason: Gandhi Jayanti
Stock Market Holidays In November 2024
Date: November 1
Day: Friday
Reason: Diwali Laxmi Pujan
Date: November 15
Day: Friday
Reason: Guru Nanak Jayanti
Stock Market Holidays In December 2024
Date: December 25
Day: Wednesday
Reason: Christmas Day
