Inventory Markets closed on Independence Day 2024; buying and selling to renew on Aug 16 | Information on Markets

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Inventory Markets closed on Independence Day 2024; buying and selling to renew on Aug 16 | Information on Markets

Market, BSE, NSE, NIfty (Photograph: Reuters)

2 min learn Final Up to date : Aug 15 2024 | 9:42 AM IST


The BSE and the Nationwide Inventory Change (NSE) will stay closed on Thursday, August 15, 2024, on account of Independence Day. Buying and selling throughout all segments, together with equities, fairness derivatives, and the securities lending and borrowing (SLB) phase, shall be suspended for the day. The markets will reopen for normal buying and selling on Friday, August 16.


Along with the inventory markets, the commodity markets may also be closed for all the day. This consists of buying and selling on the BSE’s Commodity Derivatives Section and Digital Gold Receipts (EGR) Section, in addition to all bullion, metals, and vitality derivatives buying and selling on the Multi Commodity Change of India Restricted (MCX). Each morning and night classes will stay shut.


Upcoming market holidays in 2024


Right this moment’s vacation is likely one of the 14 buying and selling holidays scheduled for 2024, as detailed in a round issued by the inventory exchanges final yr. Independence Day marks the one market vacation in August, with the following closure scheduled for October 2, Gandhi Jayanti. Following this, markets shall be closed on November 1 for Diwali and on November 15 to watch Guru Nanak Jayanti. The ultimate vacation for the yr shall be on December 25 for Christmas.


Wednesday’s inventory market closing


On the final buying and selling day earlier than the vacation, Wednesday, August 14, the markets skilled a combined session. The Sensex added 149.85 factors, closing at 79,105.88, whereas the Nifty 50 ended barely increased at 24,143.75, up by 4.75 factors. The Nifty IT index led good points among the many 14 main business indices, rising 1.5 per cent due to optimistic efficiency from TCS, HCLTech, and L&T Expertise Providers. Within the broader market, the Nifty Midcap 100 elevated by 0.59 per cent, and the Nifty SmallCap 100 rose by 0.64 per cent, reflecting a optimistic sentiment in mid and small-cap shares.

First Printed: Aug 15 2024 | 9:42 AM IST