Stock market holiday: On the occasion of Ganesh Chaturthi, Indian stock markets including BSE and NSE will be open only four days next week. The remaining three days will be left. There will be no business in the stock market on Wednesday, Saturday and Sunday i.e. 27, 31 and 31 August. Since investors are busy preparing for their trading strategy for the next week, it is very important for them to know on which day the stock market will be closed and on which day it will be open.
When will the stock market be closed?
Indian stock markets including BSE and NSE will remain closed on the occasion of Ganesh Chaturthi as the government of Maharashtra has compulsorily announced leave on the day of Ganesh Chaturthi, so BSE and NSE in Mumbai are closed every year. The month of August is also about to end next week. Apart from Saturday and Sunday in September, there is a possibility of any other holiday in the stock market.
However, the stock market will be closed on 2, 21 and 22 October on the occasion of Gandhi Jayanti and Diwali in the month of October. Muhurta trading will take place on 21 October. Let us know that every year on the day of Diwali, it opens for an hour between about six to seven o’clock in the evening. Since trading is considered auspicious during this time, during the time of Muhurta trading, there is a fierce trading in the stock market. It is believed that during this time, there is prosperity throughout the year.
How will the stock market move next week?
On the one hand, the US Fed Reserve is expected to open on positive notes of the Indian stock market amid hopes of cutting interest rates. Indian stock will also get support in the global market and weak in the dollar index. However, in the midst of all this, the deadline for installing American tariffs is also getting closer, so investors are also watching this.
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