Upcoming Market Holiday: BSE, NSE to remain shut on this day; dates to mark on your calendar

Share Market Holiday, Mahatma Gandhi Jayanti Holiday: Will the financial markets be closed on October 2? Yes, trading in the country's capital, money, and commodity markets will be unavailable for Mahatma Gandhi Jayanti on Wednesday, October 2. In other words, the domestic stock, debt, and commodity markets will observe a holiday on October 2. Trading will resume the next day, Thursday, October 3. After the Mahatma Gandhi Jayanti holiday on October 2, the financial markets will observe two more full-day holidays in 2024, with stock exchanges BSE and NSE set to conduct a special session—for a one-hour session dedicated to what is known as 'Muhurat' trading—for Diwali/Laxmi Pujan on November 1. 

Here are some key details about the Mahatma Gandhi Jayanti market and trading holiday on October 2: 

Will stock exchanges BSE and NSE be shut on October 2?

Both stock exchanges BSE and NSE will observe a holiday on October 2, with trading to be unavailable across segments including equities, equity derivatives, and securities lending and borrowing (SLB), according to their websites. 

ALSO READ: Bank Holidays in October, November, December 2024 | From Diwali/Laxmi Pujan to Christmas, banks to remain shut on these days      

Will the currency exchange market be shut on October 2?

The money market, including currencies and bonds, will also observe a holiday for Mahatma Gandhi Jayanti on October 2, according to the RBI website, rbi.org.in. 

Will the commodity markets be shut on October 2?

Trading in commodities will also remain unavailable on October 2. 

Buying and selling of commodities—in the spot as well as derivatives markets—will be unavailable on that day. 

Commodity exchanges including the likes of MCX and NCDEX will observe a full-day holiday on October 2. 

Commodity exchanges currently operate in two sessions—one in the morning and one in the evening. While some public holidays are observed in the first half, with trading resuming in the second half, others involve full-day closures

List of capital, money, and commodity market holidays in 2024

Trading across the equity and commodity markets will be available for a shorter duration for Laxmi Pujan during the Diwali festival. 

The exchanges will announce their timings subsequently.   

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