On November 15, 2024, major banks and the stock market will observe a holiday across multiple Indian states, including Maharashtra, Uttar Pradesh, Telangana, Delhi, and others. This closure is primarily due to the celebration of Guru Nanak Jayanti, honoring the birth anniversary of Guru Nanak Dev, the first Sikh Guru. Other significant cultural observances, like Kartik Purnima and Ganga Dussehra, also coincide with this day, contributing to the holiday.
The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will also suspend trading on November 15. With this holiday falling on a Friday, traders, investors, and financial professionals can take advantage of a long weekend as the markets will remain closed until Monday, November 18.
This holiday offers a timely break, giving people across various regions the chance to celebrate cultural and religious events the stock market also closed on the following weekend, so investors and traders can enjoy a long break from November 15 to 17.
