Stock Market Closed on Christmas: The market will remain closed for three days this week. This is because of the mid-week Christmas holiday on December 25. This holiday will be followed by the usual weekend closures on Saturday, December 28 and Sunday, December 29, making this a holiday-shortened trading week.
Christmas, celebrated on December 25 is observed as a public holiday in India along with most of the world. Globally, too most important markets like US and Europe are shut on Christmas Day.
Trading Timings For MCX
According to the BSE holiday calendar, December 25 will be a holiday across all major divisions, including capital markets, futures, and options. Trading in the Currency Derivatives Segment will also be halted.
Similarly, there will be no trading in the commodity derivatives and electronic gold receipts (EGR) segments, meaning both the Multi Commodity Exchange (MCX) and National Commodity Exchange (NCDEX) will be closed from 9:00 AM to 5:00 PM on that day.
Stock Market Holiday in December 2024
The stock market will be closed on December 25, 2024, as per the December holiday schedule. It will also remain closed on the usual weekends, Saturday and Sunday. However, trading will resume on January 1, 2025, marking the first day of the new year.
How many stock market Holidays were there in 2024?
The stock exchanges declared 16 trading holidays for 2024, with only December 25 remaining this month. The most recent market closure was on Friday, November 20 for the Maharashtra Assembly Elections 2024. Here is the full list of Holidays in 2024 :
1. 22-Jan-2024, Monday, Special Holiday
2. 26-Jan-2024, Friday, Republic Day
3. 08-Mar-2024, Friday, Mahashivratri
4. 25-Mar-2024, Monday, Holi
5. 29-Mar-2024, Friday, Good Friday
6. 11-Apr-2024, Thursday, Id-Ul-Fitr (Ramadan Eid)
7. 17-Apr-2024, Wednesday, Shri Ram Navmi
8. 01-May-2024, Wednesday, Maharashtra Day
9. 20-May-2024, Monday, General Parliamentary Elections
10. 17-Jun-2024, Monday, Bakri Id
11. 17-Jul-2024, Wednesday, Moharram
12. 15-Aug-2024, Thursday, Independence Day
13. 02-Oct-2024, Wednesday, Mahatma Gandhi Jayanti
14. 15-Nov-2024, Friday, Prakash Gurpurb Sri Guru Nanak Dev
15. 20-Nov-2024, Wednesday, Assembly Elections in Maharashtra
16. 25-Dec-2024, Wednesday, Christmas