The Maharashtra Assembly Election 2024 has sparked curiosity among stock market participants regarding trading schedules. With November 20, 2024, designated as a voting day for all 288 assembly seats, both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have declared a trading holiday.
Indian Stock Market Holiday Details
To avoid confusion, stock market investors are advised to consult the BSE website for the official list of trading holidays. For November 2024, the following holidays are confirmed:
| Date | Occasion | Market Status |
|---|---|---|
| November 1, 2024 | Laxmi Pooja | Closed |
| November 15, 2024 | Guru Nanak Jayanti | Closed |
| November 20, 2024 | Maharashtra Election | Closed |
This recent addition to the holiday list ensures smooth participation in the democratic process without interruptions.
What About Banks in Maharashtra?
In addition to the stock market closure, banks across Maharashtra will remain shut on November 20. However, customers can still access digital banking services, such as:
- UPI payments
- ATM withdrawals
- Online banking platforms
These services ensure seamless financial transactions even during the public holiday.
Liquor Shops and Public Order
To maintain public order during voting, the state government has mandated the closure of liquor shops across Maharashtra on election day. This measure aligns with regulations to ensure peaceful elections.
What’s Next After the Election?
- Election Results: Scheduled for November 23, 2024.
- Stock Market Reopening: Trading will resume as usual on November 21, 2024.
For further updates, check the official announcements from the Election Commission of India or the BSE/NSE websites.
Disclaimer: This article is for informational purposes only. Investors are advised to verify trading schedules and holidays from official sources.
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