Stock market closed for 2 days in May: Check details

By Priyanka Deshpande CNBC-TV18.com Published April 29, 2024

[{"selector":"#anim-df5401a0-3bdd-4a47-aa73-45813862f3f0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain closed for two days in the month of May.

[{"selector":"#anim-4e652356-eff5-4426-9620-252c2ddf00db [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.282674770343043%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The NSE and BSE will remain closed on May 1 on the occasion of Maharashtra Day.

[{"selector":"#anim-f0c4079e-dd35-4652-87e3-bdeeae908241 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(10.91952687225816%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Also known as the Maharashtra Din, the day commemorates the formation of the state of Maharashtra on May 1, 1960.

[{"selector":"#anim-6acd8708-8632-4e07-b2e0-7a9c4eb3b539 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Apart from May 1, the NSE and BSE will also remain closed on May 20.

[{"selector":"#anim-055a18b1-12e7-4348-ad55-a3c00e639389 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-24.07927790896112%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] The NSE and BSE declared May 20 as a trading holiday on account of polling in Mumbai.

[{"selector":"#anim-5681d5eb-e8f9-41c4-9dcb-346dac7c8a32 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] All six Lok Sabha seats in Mumbai will go to polls on May 20 in the fifth of the seven-phase general elections.

[{"selector":"#anim-1c88bd70-7ea7-4d13-ab4c-1ef0d1063085 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.514648210040342%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] While stock markets close for 2 days in May, banks will be shut for a total of 14 days covering religious holidays, the Lok Sabha Election 2024, all Sundays, and second and fourth Saturdays.

ICICI Bank becomes the second lender to cross ₹8 lakh crore in market capitalisation

[{"selector":"#anim-e9bdc5f7-81bd-418d-9c22-5d4c670c6151","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Thanks For Reading! Read More