Now Reading: NSE and BSE open for Raksha Bandhan and Eid-e-Milad
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NSE and BSE open for Raksha Bandhan and Eid-e-Milad
Indian stock exchanges BSE and NSE will remain open for regular trading on August 26 (Eid-e-Milad) and August 28 (Raksha Bandhan). Neither exchange has declared these dates as trading holidays, according to…
Indian stock exchanges BSE and NSE will remain open for regular trading on August 26 (Eid-e-Milad) and August 28 (Raksha Bandhan). Neither exchange has declared these dates as trading holidays, according to their official calendars. Commodity trading on MCX will also be operational on Raksha Bandhan.
While August 26 is not a trading holiday, ndtvprofit.com reports it is a settlement holiday. This means clearing of funds and securities will pause, delaying sale proceeds from trades executed on August 25 until August 27. Shares bought on August 25 can only be sold from August 27.
The next scheduled market holiday is Ganesh Chaturthi on September 14. Five more holidays follow this year: Mahatma Gandhi Jayanti (October 2), Dussehra (October 20), Diwali-Balipratipada (November 10), Prakash Gurpurab (November 24), and Christmas (December 25). A special Muhurat Trading session will be held on November 8.
Indian Opinion Analysis
Both livemint.com and ndtvprofit.com confirm Indian stock markets remain open for regular trading on their respective festivals, Raksha Bandhan (August 28) and Eid-e-Milad (August 26). The coverage is uniform straight reporting from both outlets, with no discernible slant. Both articles serve as factual calendar reminders, reinforced by official exchange notices. The practical difference is that ndtvprofit.com additionally flags that August 26 is a settlement holiday, which delays fund credit and share transfers, a detail livemint.com omits. Readers should note the August 26 settlement pause if trading near that date, the next trading closure is Ganesh Chaturthi on September 14.
Coverage: 2 sources, 2 neutral
Sources (2): livemint.com (neutral report), ndtvprofit.com (neutral report)
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
