Is stock market closed on Christmas: The domestic stock, money, and commodity markets will remain shut on Monday, December 25, on account of Christmas. According to the BSE website, bseindia.com, trading across cash, derivatives, and SLB, or securities lending and borrowing segments, will be unavailable on December 25.
Christmas market holiday December 2023: The domestic financial markets will remain shut on Monday, December 25, on account of Christmas. Trading in the country’s capital, debt, forex, and commodity markets will resume the next day, on Tuesday, December 26.
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The domestic blue-chip indexes Nifty 50 and Sensex extended their rally on Friday, December 22, thanks to buying in information technology (IT) and auto stocks. The Nifty50 ended 94.35 points, or 0.44 per cent, higher at 21,349.4, and the Sensex finished the day 241.86 points, or 0.34 per cent, stronger at 71,106.96. The Nifty Bank index, whose 12 constituents include SBI, HDFC Bank and ICICI Bank, slipped in red, 348.3 points, or 0.73 per cent, lower at 47,491.85.
“The ‘buy on dips’ strategy continues to drive investors during the subdued week. Mid and small caps remain in the limelight, benefiting from ease in oil prices and the anticipation of a potential rate cut in CY24, supported by slower-than-expected US GDP growth and weakness in the dollar, signalling early rate cuts,” said Vinod Nair, Head of Research at Geojit Financial Services.
“Realty and Auto sectors shine, while PSU banks outperform peers due to improved balance sheets and profitability. Despite a premium valuation, the short-term positive trend persists, supported by a strong revival in FIIs buying and stock-specific actions. Heading into the festive season and year-end, we can anticipate a range-bound trade scenario with limited data points,” the market expert added.
December 25 will be the last trading holiday of the year for the country’s financial markets.
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BSE market holiday on December 25
Trading across the cash, derivatives, and securities and lending and borrowing segments will be unavailable on December 25 and resume on December 26, according to the BSE website, bseindia.com.
When will trading resume on stock exchanges BSE and NSE?
The country’s stock market will resume trading normally on Tuesday at 9:15 am, following a 15-minute pre-opening session, according to the websites of BSE and NSE.
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MCX Christmas Day holiday
The commodity exchange MCX will remain closed for both the morning and evening sessions on December 25 and resume trading on December 26, according to its website, MCXIndia.com.
MCX conducts morning sessions from 9 am to 5 pm, and evening sessions from 5 pm to 11:30/11:55 pm.
The country’s financial markets will remain shut for an additional 14 days, excluding weekends, in 2024 on account of festivals and other holidays, according to a circular by the NSE.
Stock market holidays 2024: Here’s the full list of holidays in the New Year:
1. January 26, 2024: Friday, Republic Day
2. March 08, 2024: Friday, Mahashivratri
4. March 29, 2024 Friday, Good Friday
5. April 11, 2024: Thursday, Id-Ul-Fitr (Ramadan Eid)
6. April 17, 2024: Wednesday, Shri Ram Navami
7. May 01, 2024: Wednesday, Maharashtra Day
8. June 17, 2024: Monday, Bakri Id
9. July 17, 2024: Wednesday, Moharram
10. August 15, 2024: Thursday, Independence Day/Parsi New Year
11. October 02, 2024: Wednesday, Mahatma Gandhi Jayanti
12. November 01, 2024: Friday, Diwali Laxmi Pujan*
13. November 15, 2024: Friday, Gurunanak Jayanti
14. December 25, 2024: Wednesday, Christmas
