Stock Markets Closed Today for Guru Nanak Jayanti Holiday: Sensex and Nifty’s Recent Struggles

Last updated on December 11th, 2024 at 04:10 pm

NSE Holiday
NSE Holiday

The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are closed today, November 15, 2024, to observe Guru Nanak Jayanti. With this holiday, no trading will occur across key segments, including the Equity, Equity Derivative, and Securities Lending and Borrowing (SLB) segments. The Currency Derivatives market is also paused for the day.

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In the Commodity Derivatives and Electronic Gold Receipts (EGR) segments, trading will resume in the evening, starting from 5:00 PM on the Multi Commodity Exchange (MCX) and National Commodity Exchange (NCDEX).

Upcoming Stock Market Holidays

Today’s closure is one of three holidays for Indian markets in November:

  • November 15, 2024 – Guru Nanak Jayanti
  • November 20, 2024 – Maharashtra Assembly General Elections
  • December 25, 2024 – Christmas

Market Performance This Week

This holiday break follows a tough week for the markets, with Sensex and Nifty enduring a six-session losing streak. This downturn is largely due to selling pressure from foreign institutional investors (FIIs) and concerns about rising retail inflation. Sectors like fast-moving consumer goods (FMCG) have felt the pinch, as inflation fears dampen investor sentiment.

With the markets set to reopen on Monday, all eyes will be on whether Sensex and Nifty can reverse this week’s losses and regain stability.

I a finance writer with 2+Year of Exp in financial topics. With Computer Science degree, content writer, SEBI-certified investor, and stock market enthusiast.