On Monday, May 20, 2024 the day of the Lok Sabha Election are the NSE and BSE closed or open?

Monday is the stock market holiday. Is the stock market closed on May 20th? According to the BSE vacation schedule, the two major exchanges, the NSE and the BSE, will be closed on Monday, May 20, due to the Lok Sabha general elections.According to the BSE vacation schedule, the two major exchanges, the NSE and the BSE, will be closed on Monday, May 20, due to the Lok Sabha general elections. The BSE website states that on May 20, the equities, equity derivative, and SLB segments will remain closed.Stock market holiday: Due to the fifth phase of voting for the Lok Sabha Election 2024 in Mumbai, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed on May 20. This is the second holiday of the month when voters will have the opportunity to cast ballots in the seven-phase election for all six of the city's seats.May 1, Maharashtra Day, which marks the anniversary of the state of Maharashtra's creation on May 1, 1960, was one of the two stock market holidays this month.

This came after the Indian states were reorganized linguistically.On May 20, Maharashtra's banks will also be closed due to the general election's fifth round. Thirteen of Maharashtra's forty-eight Lok Sabha constituencies—Dhule, Dindori, Nashik, Kalyan, Palghar, Bhiwandi, Thane, Mumbai North, Mumbai North-West, Mumbai North-East, Mumbai North-Central, Mumbai South-Central, and Mumbai South—will vote in Phase 5.