On the Occasion of Gandhi Jayanti the Market remained close
On the occasion of Gandhi Jayanti, a significant national holiday in India. The Indian stock market remained closed. Today there was no trading activity throughout the day. According to the official list of stock market holidays for 2023. Both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) has observed the holiday on Monday.
Let’s take a closer look at how various trading segments affected:
Equity Segment: Trading in the equity segment completely halted for the entire day.
Equity Derivatives Segment: There was no trading in equity derivatives on Gandhi Jayanti.
SLB Segment: The Securities Lending and Borrowing (SLB) segment also inactive.
Currency Derivatives Segment: Trading in the currency derivatives segment was suspended on this day.
Commodity Derivatives Segment: Both the morning and evening sessions of the commodity derivatives segment will be closed for trading.
Electronic Gold Receipts (EGR): EGR trading will also be put on hold for the day.
Upcoming Stock Market Holidays 2023
Following Gandhi Jayanti, the next market holiday in October 2023 is Dussehra. Which falls on October 24. For the remainder of the year, there are a few more stock market holidays. The Holiday list given below:
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Dussehra (October 24, 2023): The stock market will be closed to commemorate the festival of Dussehra.
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Diwali Balipratipada (November 14, 2023): The day after Diwali, known as Balipratipada, will also be observed as a stock market holiday.
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Gurunanak Jayanti (November 27, 2023): On the occasion of Gurunanak Jayanti, the stock market will remain closed.
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Christmas (December 25, 2023): The year will conclude with a stock market holiday on Christmas Day, December 25, 2023.
Investors and traders are advised to plan their activities accordingly and make note of these upcoming market holidays to avoid any disruptions to their trading schedules.