Stock market holiday on Nov 20: NSE, BSE to remain closed for trading due to Maharashtra Elections 2024

NSE, BSE closed: A stock market holiday will be observed on November 20 (Wednesday) due to Maharashtra Assembly elections 2024. On that day, the National Stock Exchange (NSE) and the BSE (formerly Bombay Stock Exchange) will remain closed for trading.

In a circular dated November 8, the NSE notified that "Wednesday, November 20, 2024, is a trading holiday on account of Assembly elections in Maharashtra".

This will mark the third stock market holiday in November 2024, following Diwali on November 1 and the upcoming Guru Nanak Jayanti on November 15.

NSE, BSE holiday calendar

• November 15 (Friday): Prakash Gurpurb Sri Guru Nanak Dev
• November 20 (Wednesday): Maharashtra elections
• December 25 (Wednesday): Christmas

Meanwhile, stock markets closed in the green on Tuesday due to rallies in stocks such as HDFC Bank, Tech Mahindra, and Mahindra & Mahindra.

BSE benchmark SENSEX climbed 239 points to settle at 77,578. However, fag-end slump in Reliance Industries Ltd restricted the market rally. Intraday, it hit a high of 78,451.65, up 1,112.64 points.

The NSE NIFTY50 ended 0.28% higher to settle at 23,518.

Mahindra & Mahindra, Tech Mahindra, HDFC Bank, Dr Reddys, and Eicher Motors were the biggest gainers in the 50-share NIFTY pack.

SBI Life, Hindalco, Reliance, HDFC Lide and State Bank of India were the laggards.

Sectorally, NIFTY Media jumped the most, followed by NIFTY Realty, NIFTY Auto, NIFTY IT and NIFTY Private Bank. NIFTY Metal was the biggest loser, declining 0.85%.

According to exchange data, foreign institutional investors, or FIIs, sold equities valued at ₹1,403.40 crore on Thursday. The Domestic Institutional Investors (DIIs) bought equity shares worth ₹2,330.56 crore.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled higher.

European markets were trading lower. The US markets ended mostly higher on Monday.

Global oil benchmark Brent crude dipped 0.25 per cent to USD 73.12 a barrel.

In Asian markets, Shanghai, Tokyo, Hong Kong, and Seoul settled higher. European markets were trading in negative territory. Wall Street closed mostly higher on Monday.

Global oil benchmark Brent crude slumped 0.25% to $73.12 a barrel.