The Indian stock market will be closed for ten days in November 2024, including weekends. Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will not operate on these days. Investors and traders should plan their activities accordingly.

According to the official websites of BSE and NSE, the stock market holidays for November 2024 are as follows:

  • November 2, 2024 (Saturday): Closed for Govardhan Puja and Balipratipada.
  • November 3, 2024 (Sunday): Weekend closure.
  • November 9, 2024 (Saturday): Weekend closure.
  • November 10, 2024 (Sunday): Weekend closure.
  • November 15, 2024 (Friday): Closed due to Guru Nanak Jayanti.
  • November 16, 2024 (Saturday): Weekend closure.
  • November 17, 2024 (Sunday): Weekend closure.
  • November 23, 2024 (Saturday): Weekend closure.
  • November 24, 2024 (Sunday): Weekend closure.
  • November 30, 2024 (Saturday): Weekend closure.

Market Performance on October 30, 2024:

  • The Nifty 50 index fell by 0.51%, closing at 24,340 points.
  • The Sensex dropped by 0.53%, ending the session at 79,942 points.
  • Despite this, mid-cap and small-cap indices continued their positive trend for the third straight trading session:
    • Nifty Midcap 100 gained 0.16%.
    • Nifty Smallcap 100 rallied 1.05%.

Sectoral Highlights:

  • The Nifty Bank index declined by nearly 1% on October 30.
    • 9 out of 12 bank stocks ended in the red.
    • Major banks like ICICI Bank, Kotak Mahindra Bank, Axis Bank, State Bank of India, and HDFC Bank saw losses ranging from 1% to 1.5%.
  • The Nifty PSU Bank index ended its two-day rally.
  • Other sectors experiencing declines over 0.8% included:
    • Nifty Consumer Durables
    • Nifty Pharma
    • Nifty IT
  • Sectors that saw gains:
    • Nifty Media rose by 2.34%.
    • Nifty FMCG increased by nearly 1%.

Key Takeaways for Investors:

  • Be aware of the stock market holidays to adjust your trading plans.
  • Monitor sectoral performances, as fluctuations can present investment opportunities.
  • Keep an eye on major indices like Nifty 50 and Sensex for overall market trends.

Conclusion:

With multiple holidays and weekends in November 2024, the Indian stock market will have limited trading days. Investors should stay informed about these dates and recent market movements to make well-timed decisions.