After a shortened trading week due to the Independence Day holiday on August 15th, 2024, there’s some confusion among market participants regarding whether the Indian stock market will be open on Monday, August 19th, 2024, which coincides with Raksha Bandhan. To clarify, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have published a comprehensive list of trading holidays for the year 2024. According to this list, the Indian stock market will be open on Monday, August 19th, 2024.
Stock Market Holidays in August 2024
For those concerned about the schedule, the only stock market holiday in August 2024 was on Independence Day, August 15th. No other holidays are scheduled in August. The next market holiday after August 15th is on October 2nd, 2024, for Mahatma Gandhi Jayanti. This means trading will resume as usual on Monday, August 19th, despite Raksha Bandhan being observed on the same day.
Complete List of Stock Market Holidays in 2024
For better clarity, the list of stock market holidays for 2024 shows that there are a total of 15 trading holidays. Following the August 15th holiday, only four more holidays remain for the rest of the year:
- October 2nd, 2024 – Mahatma Gandhi Jayanti
- November 1st, 2024 – Diwali/Laxmi Pujan
- November 15th, 2024 – Guru Nanak Jayanti
- December 25th, 2024 – Christmas
Stock Market Performance
On the last trading day before the long weekend, the Indian stock market showed robust gains. The Nifty 50 index surged by 396 points, closing at 24,540. The BSE Sensex jumped 1,330 points to close at 80,436, while the Bank Nifty index gained 788 points, ending the session at 50,515. Across broader markets, the BSE Small-cap index rose by 1.70%, and the Mid-cap index increased by 1.80%. IT and realty sectors led the gains with over 2% intraday growth.
Trading Holidays for 2024 – Equity Segment, Equity Derivative Segment, and SLB Segment
| SI. No. | Holiday | Date | Day |
|---|---|---|---|
| 1 | Republic Day | January 26, 2024 | Friday |
| 2 | Mahashivratri | March 08, 2024 | Friday |
| 3 | Holi | March 25, 2024 | Monday |
| 4 | Good Friday | March 29, 2024 | Friday |
| 5 | Id-Ul-Fitr (Ramzan Id) | April 11, 2024 | Thursday |
| 6 | Ram Navami | April 17, 2024 | Wednesday |
| 7 | Maharashtra Day | May 01, 2024 | Wednesday |
| 8 | General Elections (Lok Sabha) | May 20, 2024 | Monday |
| 9 | Bakri Id | June 17, 2024 | Monday |
| 10 | Muharram | July 17, 2024 | Wednesday |
| 11 | Independence Day | August 15, 2024 | Thursday |
| 12 | Mahatma Gandhi Jayanti | October 02, 2024 | Wednesday |
| 13 | Diwali * Laxmi Pujan | November 01, 2024 | Friday |
| 14 | Guru Nanak Jayanti | November 15, 2024 | Friday |
| 15 | Christmas | December 25, 2024 | Wednesday |
Note: Muhurat Trading will be held on November 01, 2024 (Diwali – Laxmi Pujan). Timings for Muhurat Trading will be announced subsequently. The Exchange may alter or change any of the above holidays, with a separate circular to be issued in advance.
For currency trading holidays in 2024, please refer to the relevant section on the BSE or NSE websites.
