Stock Market Holiday Alert: BSE and NSE Closed on Dussehra and Gandhi Jayanti

Published On: 02/10/20251.8 min read

As the festive season kicks into full gear in India, investors and traders are naturally curious about the stock market schedule around major holidays. For 2024, two prominent holidays — Dussehra and Gandhi Jayanti — both fall on the same day, October 2nd, which is a Thursday. This coincidence means important adjustments for the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

Both BSE and NSE will remain closed on October 2, 2024, in observance of these holidays. This means that no trading activity will take place on these platforms on this day. The closure is standard practice for these exchanges during national and cultural holidays, helping market participants plan their trading strategies accordingly.

Dussehra, also known as Vijayadashami, is a significant Hindu festival symbolizing the victory of good over evil, while Gandhi Jayanti marks the birth anniversary of Mahatma Gandhi, a pivotal leader of India’s independence movement. Both holidays hold immense cultural and historical importance, reflected in the closure of major financial institutions as well.

For traders and investors, it’s crucial to be aware of these holiday schedules to avoid any surprises. Since there won’t be any trading on these dates, it’s advisable to plan portfolio adjustments, market orders, or other financial activities either before the holiday or after markets reopen.

Leading up to October 2nd, market activity might experience some volatility as participants position themselves around the holiday. It’s common to see mixed performances across sectors due to limited liquidity and trader caution.

The good news is that normal trading operations will resume on the following day, October 3, 2024, which is a Friday. Market enthusiasts should prepare for a fresh start post-holiday, which often brings renewed market momentum.

In summary, mark your calendars: BSE and NSE will be closed on October 2, 2024, due to the dual occasion of Dussehra and Gandhi Jayanti. Traders should keep an eye on global cues and sector-specific developments as usual but plan their market activities around this holiday to navigate the period smoothly.

Stay tuned for more updates and keep your investment strategies aligned with market timings to make the most of the coming festive season.

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