Stock Market Holiday| Voting for Lok Sabha elections will be held on this day, NSE announced this
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After the announcement of Lok Sabha elections, it has become clear that elections are to be held in Mumbai on 20th May. Due to voting taking place, the National Stock Exchange has made a special announcement on this day. According to the National Stock Exchange, this day will be a holiday and there will be no trading in the stock exchange. Lok Sabha elections are to be held in Maharashtra in five phases. Voting for the Lok Sabha elections will be held in Mumbai in the fifth i.e. the last phase.
The National Stock Exchange has also issued a notification in this regard. It was said in this notification that there will be a holiday for trading in the stock market on 20 May 2024. The National Stock Exchange said in its circular that Monday 20th May 2024 will be a holiday. Due to this, the expiry of derivatives contracts of Nifty Midcap Select contracts will now be on 17th May 2024.
Stock Exchange holiday will also be on 1st May as this day is Maharashtra Day. On May 20, 2024, voting will be held in Dhule, Dindori, Nashik, Bhiwandi, Kalyan, Thane, Mumbai North, Mumbai North West, Mumbai North East, Mumbai South, Mumbai South Central, Mumbai North Central, Palghar in Maharashtra, due to which there will be a holiday. . It is noteworthy that voting for Lok Sabha elections is going to start across the country from April 19. This time voting for Lok Sabha elections will be held in seven phases.
Let us tell you that the stock market will remain closed in April also. There will be a two-day holiday for the stock market in April. There will be Eid holiday on 11th April. There will also be a holiday on 17th April due to Ram Navami. There will be a holiday for trading in the market on both days.
This is how the market was today
Domestic indices continued their uptrend in early trade on Tuesday with BSE Sensex crossing the 75,000-mark for the first time. Nifty also reached new record level. The 30-share BSE Sensex rose 381.78 points to its all-time high of 75,124.28. NSE Nifty rose 99 points to its record peak of 22,765.30.
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