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Indian Stock Exchanges Closed for 4 Days Next Week
26 Aug
Summary
- Indian stock market to remain open for only 4 days this week
- Closure due to Ganesh Chaturthi holiday on August 27
- Trading in derivatives, lending, and gold receipts also suspended
According to the latest news, the Indian stock market will remain open for only four days next week due to the upcoming Ganesh Chaturthi holiday. The National Stock Exchange (NSE) has announced that Wednesday, August 27, will be a holiday to mark the birth of Lord Ganesh.
As a result, the Bombay Stock Exchange (BSE) and NSE will observe a total of three holidays this week, including August 27, August 30, and August 31. This means the stock market will be open for trading on August 25, August 26, August 28, and August 29 only.
In addition to the stock market closure, trading in equity derivatives, securities lending and borrowing (SLB), currency derivatives, and electronic gold receipts (EGR) will also remain suspended on August 27. The stock market is typically closed on all Saturdays and Sundays as well.
This is the second weekday stock market holiday in August, following the Independence Day holiday on Friday, August 15. Investors and traders in the Indian market will need to adjust their plans and strategies to accommodate the shortened trading week.
