Stock Market Holiday: The month of December has started from today. Today is Monday, the first day of the month, so the Indian stock market will remain open. Usually the stock market remains closed on Saturday and Sunday.
Apart from this, there is no trading in the stock market even on public holidays. As far as December is concerned, the official holiday list of the National Stock Exchange (NSE) shows that the month of December is going to be very active. Apart from the weekend holidays, only one trading holiday is scheduled during this period. Overall the stock markets will remain closed for nine days in the month of December.
Only 1 public holiday in December
The only public holiday in December is Christmas Day, on 25 December. There will be a holiday in the stock market on this day. On this occasion, there will be no trading anywhere in BSE from Equity Segment to Equity Derivatives Segment, Currency Derivatives Segments, SLB Segment, Tri Party Repo, Electronic Gold Receipts (EGR), NDS-RST, Commodity Derivatives Segment.
Similarly, in NSE also all the segments like Equities, Equity Derivatives, Corporate Bonds, Mutual Funds, Security Lending and Borrowing Schemes, New Debt Segments, Negotiated Trade Reporting Platform, Currency Derivatives, Commodity Derivatives and Interest Rate Derivatives will remain closed.
Additionally, markets will remain closed on all Saturdays and Sundays – December 6, 7, 13, 14, 20, 21, 27, and 28. That means this year investors got a chance to participate in 22 trading sessions. This year there were a total of 14 trading holidays in the stock market and among these, Christmas is the last festive break of the year.
Investor confidence strengthened
On the Sensex, HDFC Bank, Bharti Airtel and Infosys suffered the most losses, while Mahindra & Mahindra, SBI and Kotak Mahindra Bank provided significant support. This week, both the benchmark indices registered gains for the third consecutive week, increasing by about 0.5 percent. Bajaj Broking Research said, “On November 28, Indian markets closed almost flat and Nifty remained near the level of 26,200. Positive talks on trade agreement between India and America strengthened the sentiment of investors. Second quarter GDP and IIP data is also coming soon, so the overall outlook remains good.
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