The multi commodity exchange of India (MCX) via its circular announced that it will remain closed for trading in its morning session from 9 am to 5 pm in view of the Maharashtra Assembly Election 2024.
However, the exchange will carry out trading in its normal course during its evening session from 5 pm to 11:55 pm.
“In view of Maharashtra Legislative Assembly General Election to be held on November 20, 2024, the Exchange shall be closed for trading in the Morning session, i.e., from 09:00 am to 05:00 pm. The Evening trading session will be open for trading, i.e., from 5:00 pm to 11:55 pm (till 09:00 pm for selected Agri Commodities),” said MCX in its communication.
Due to the Maharashtra state elections, the Indian stock exchanges National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will also remain shut today.
Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed.
The public holiday list applies to the capital markets, futures, and options divisions as well.
As per the MCX holiday calendar, trading holidays have been announced on 16 days in 2024. So far, MCX has been closed on 14 occasions this year. The last time it was closed was on November 15, Friday for Guru Nanak Jayanti.
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Next, MCX will remain closed on December 25, Wednesday on account of Christmas.
The National Commodity & Derivatives Exchange (NCDEX), the largest agri commodity exchange in India will remain closed tomorrow.
Currently, the commodity exchanges operate in two sessions—one in the morning and one in the evening. While some public holidays are observed in the first half, with trading resuming in the second half, others involve full-day closures.
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