Indian stock markets are observing a holiday today due to the Maharashtra Assembly Election. This closure marks one of the 16 trading holidays scheduled for 2024.

Indian stock exchanges closed on Monday for Maharashtra Assembly Election 2024, marking the 14th trading holiday this year. Benchmark indices Sensex and Nifty50 ended flat on Tuesday, with Nifty falling close to 10% from its September high.

All segments, including equity, derivative and securities lending and borrowing (SLB) will remain closed. Apart from this, the public holidays will also be for capital markets, futures and option divisions.

The National Stock Exchange (NSE) and the BSE will not conduct trading or settlements in stocks, derivatives, or securities lending and borrowing segments on Wednesday

As Maharashtra gears up for its elections on today, find out which services will be operational and which will be closed. From banks to public transport, here’s what you need to know to plan your day around voting.

The Indian equity markets snapped seven-day losing streak and ended higher in the volatile session on November 19, with the Nifty at 23,500 amid buying seen in the auto, realty and media.

Both the leading stock exchanges - National Stock Exchange (NSE) and BSE will remain shut for business or trading tomorrow on account of Maharashtra Assembly Election 2024.

This will be the third stock market holiday today in November, after Diwali on November 1 and Guru Nanak Jayanti on November 15.

The elections in Maharashtra are crucial and could affect the stock market because the state is one of India's most industrialized and makes a substantial contribution to the nation's GDP," said Master Capital Services.

Indian stock markets observed a holiday on Wednesday due to the Maharashtra Assembly Election. Sensex and Nifty50 showed upward movement driven by IT, auto, and energy stocks. This surge follows Nifty50's most prolonged losing streak since February 2023.