Stock Markets Shut: NSE and BSE Closure for Maharashtra Assembly Elections

Friday, 8 November 2024, 01:55

Stock markets shut as NSE announces closure on November 20 due to Maharashtra state elections. This decision affects trading operations at both NSE and BSE. A truncated trading week is expected with another holiday on November 15 for Guru Nanak Jayanti.
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Stock Markets Shut: NSE and BSE Closure for Maharashtra Assembly Elections

The National Stock Exchange (NSE) has confirmed that all trading will cease on November 20 due to the Maharashtra Assembly Elections. This closure affects both the NSE and BSE, which will not resume until after the polls conclude.

In a circular issued just before trading closed on Friday, November 8, the NSE outlined the implications of the elections on market operations. All 288 seats of the Maharashtra Assembly will undergo polling in a single phase, further emphasizing the importance of this event on the trading activities.

This upcoming week will also see a truncated trading week, with another holiday on November 15 for Guru Nanak Jayanti. Investors and traders should prepare for possible market shifts as the elections unfold.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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