The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will be closed on Thursday, August 15, 2024, in observance of Independence Day. This national holiday means that trading will not occur in any segments, including equities, equity derivatives, and Securities Lending and Borrowing (SLB). The markets will resume normal operations on Friday, August 16, at 9:15 AM.
In addition to the stock exchanges, all public and private banks across India will also remain closed for the day, as outlined in the Reserve Bank of India’s holiday calendar. However, online banking services will still be accessible to customers.
The closure on August 15 is part of a broader schedule of 14 trading holidays for the year, with only this single holiday occurring in August. Following Independence Day, the next significant market closure will be on October 2 for Mahatma Gandhi Jayanti.
Moreover, the Multi Commodity Exchange (MCX) and the National Commodity and Derivatives Exchange (NCDEX) will also halt trading activities on Independence Day, further emphasizing the day’s significance as a national holiday.
Government offices, schools, and colleges will observe a holiday as well, allowing citizens to participate in various Independence Day celebrations across the country. As the nation commemorates its freedom, the stock market and financial institutions will pause to honor this important occasion.
