Share Market Holidays : The festival of Bakri Id is being celebrated across the country today on Monday. In such a situation, the question in the minds of stock market investors is whether the market will open today or not. The stock market will remain closed today on the first trading day of the week due to Bakri Id. Today all segments of the stock market including equity, derivatives and SLB will remain closed. Normal trading will open again on July 18. There are a total of 15 holidays in the Indian stock market in the year 2024. After this, the market will be closed on July 17 due to Muharram. Then the market will be closed on August 15 due to Independence Day, October 2 due to Gandhi Jayanti, Diwali on November 1, Guru Nanak Jayanti on November 15 and Christmas on December 25.
Will MCX also remain closed?
There will be no work on Multi Commodity Exchange of India Limited i.e. MCX today on 17th June in the morning session. However, it will remain open in the evening session from 5 PM to 11:55 PM.
How will the market be this week
Santosh Meena, Head of Research, Swastika Investmart Ltd. said that this week has fewer trading sessions and there is a lack of any major indicator. However, amid the discussion about the budget, we may see activity in sector-specific stocks. Mainly the market trend will depend on the progress of monsoon and the flow of institutional investors. On the global front, China’s data, fluctuations in the dollar index and bond yields in the US will be important from the market point of view. Apart from this, Brent crude oil prices at the global level and fluctuations in the rupee against the dollar will also be important from the market point of view.
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