Its official! The markets will remain shut on November 20 on account of Assembly elections in Maharashtra on that day. Both the exchanges- BSE and NSE issued official notice informing investors of the trading holiday. There will be no trading in equity, derivatives and SLB Segments. Settlements scheduled that day are all shifted to next day.
The BSE notice stated, “In partial modification to aforesaid notice and in view of the Assembly General Elections in Maharashtra on Wednesday November 20,2024 the Exchange will remain closed on November 20,2024 and there will be no trading on that day in Equity, Equity Derivatives and SLB Segments.”
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The NSE notice too informed investors about the closure of trade on November 20 – “it is hereby notified that Nov 20, 2024 will be a clearing and settlement holiday.” NSE has attached a detailed listing of clearing and settlement schedule that had to be changed as a result of the holiday.
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This would be the third market holiday in November apart from Diwali and Guru Nanak Jayanti on November 15.
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