Is the Indian stock market closed on Monday for Eid?

Decoding the Closure

The Indian stock market, represented by the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), typically observes holidays declared by the Government of India. Eid-ul-Fitr, a significant festival marking the end of the holy month of Ramadan, is one such government-recognized holiday. Hence, the Indian stock market remains closed on the day of Eid-ul-Fitr.

Observing the Market Closure

In 2023, Eid-ul-Fitr falls on Monday, April 24th. Consequently, the Indian stock market will remain closed on this day. Trading activities will resume as usual on Tuesday, April 25th.

Impact on Investors

The stock market closure on Eid-ul-Fitr is a crucial consideration for investors. During this period, trading operations are suspended, meaning investors cannot buy or sell stocks. Therefore, it is advisable to plan investment decisions accordingly and monitor market updates to stay informed about potential market movements during the closure.