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In light of the Maharashtra Assembly Election 2024, would the Indian stock market be closed tomorrow?

In light of the Maharashtra Assembly Election 2024, would the Indian stock market be closed tomorrow?

Stock market holiday: The BSE website provides information on whether or not the Indian stock market is open tomorrow. To learn more about tomorrow's trading holiday, continue reading:


Stock market holiday: Given that the Maharashtra Election 2024 is scheduled for tomorrow, November 20, 2024, several investors are unsure if the Indian stock market will be open or closed. The question that has to be answered is whether or not the Maharashtra Assembly Election in 2024 will cause the Indian stock market to open on November 20. Stock market watchers are encouraged to review the list of 2024 stock market holidays as voters cast ballots for all 288 Maharashtra assembly seats.

Yes, the stock market will be closed tomorrow.

On the BSE website, investors and fans of Dalal Street can also view the stock market holiday list.

Holidays for the Stock Market in 2024
People are urged to visit the BSE website, bseindia.com, and select the 'Trading Holidays' option at the top to prevent misunderstanding. The full list of 2024 stock market holidays is shown after selecting the 'Trading Holidays' option. According to the list of stock market holidays, November 2024 will have three stock market holidays. Two of these three November 2024 stock market holidays fell on November 1, 2024, for Laxmi Pooja, and November 15, 2024, for Guru Nanak Jayanti. For the 2024 Maharashtra Assembly Election, the third stock market holiday is scheduled for November 2024.

In November 2024, there were just two stock market holidays according to the previous timetable. However, on November 20, 2024, the BSE and NSE announced a stock market holiday owing to the announcement of the Maharashtra Assembly General Elections. For the Maharashtra Election 2024, the Indian stock market will be closed tomorrow.

The next stock market holiday is on December 25, 2024, which is Christmas, following the one tomorrow.

On Wednesday, will banks be open?
Tomorrow, banks in Maharashtra will be closed, along with the Indian stock market. Due to the 2024 Maharashtra Assembly Elections, all Maharashtra banks will be closed on November 20, per the Reserve Bank of India's list of bank holidays. Even though physical bank branches will close, digital banking services like ATMs, UPI systems, and online banking will continue to function. Financial services are still available to customers without any interruption.

Liquor stores throughout Maharashtra will be closed on November 20 in accordance with the Maharashtra Election 2024 date norms in order to maintain public order during voting.

Election to the Maharashtra Assembly in 2024
The state administration has issued directions pertaining to the functioning of several institutions and services in anticipation of the elections. In order to simplify voting, November 20 has been designated as a public holiday, with some services in the state remaining open and others closing.

The results of the 2024 Maharashtra election will be announced on November 23, 2024.

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