New Delhi: India will celebrate Guru Nanak Jayanti on November 15. The occasion is also known as Guru Nanak Gurpurab and Guru Nanak Prakash Utsav. It celebrated the birth of Guru Nanak, the first Sikh Guru. The founder of Sikhism is one of the most celebrated and important Sikh Gurus and the Sikh community highly revers him. The Guru Nanak Jayanti is one of the most sacred festivals in Sikhism.
In such a situation, some people are confused about whether the Indian stock market will remain open or closed on the occasion of Guru Nanak Jayanti. It needs to be cleared whether the Indian stock market will remain closed on November 15 for Guru Nanak Jayanti 2024. The followers of the stock market can take a look to look at the list of stock market holidays in 2024 and the holiday list is available on the BSE website.
Is the stock market closed on Guru Nanak Jayanti?
There will be a long weekend for investors in India as the stock market will remain closed for trading on November 15, which is a Friday on the occasion of Guru Nanak Jayanti. After that, the markets will have a routine weekend holiday and will reopen on Monday, November 18, 2024.
People can go to the BSE website and click on the ‘Trading Holidays’ option to check the complete list of stock market holidays in 2024. In November this year, there are three stock market holidays. One holiday was on November 1 on the occasion of Laxmi Pooja. The other two stock market holidays are on November 15 for Guru Nanak Jayanti 2024 and on November 20 for the Maharashtra Assembly General Elections. After that, the stock market will remain closed on December 25 for Christmas. Normally, the market remains closed on Saturdays and Sundays.
Bank holiday on Guru Purab
The Reserve Bank of India (RBI) has prepared a holiday list to which every bank in India has to adhere. According to the list, banks will remain closed on the occasion of Guru Nanak Jayanti on November 15. On the same date, banks will remain closed in some states on the occasion of Karthika Purnima/Rahas Purnima including in Maharashtra, Madhya Pradesh, Mizoram, Hyderabad, Orissa, Uttarakhand, Chandigarh, Telangana and Rajasthan.
Bank holidays in November 2024
Holiday Description
Day
Diwali Amavasya (Laxmi Pujan)/Deepawali/Kut/Kannada Rajyothsava/Govardhan Pooja
1
Diwali (Bali Pratipada)/Balipadyami/Laxmi Puja (Deepawali)/Govardhan Pooja/Vikram Samvant New Year Day
2
Chhath (Evening Arghya)
7
Chhath (Morning Arghya)/Wangala Festival
8
Egaas-Bagwaal
12
Guru Nanak Jayanti/Karthika Purnima/Rahas Purnima
15
Kanakadasa Jayanti
18
Seng Kutsnem
23
Saturday
9,23
Sunday
3, 10, 17, 24
India celebrates Guru Nanak Jayanti on November 15, 2024, with closures in banks and stock markets. Check if your state has a holiday and how it impacts markets and banking services tomorrow. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
