Is the stock market closed for Ram Navami on Wednesday?

Since it’s also a settlement holiday, the commodity account balance on April 17 will not include the credits from profits from trades or positions in the commodity on April 16 and credits from exiting option positions on April 16.

Markets have a total of 14 holidays in the calendar year 2024.

For the rest of 2024, markets will be shut for Maharashtra Day (May 1), Bakri Id (June 17), Muharram (July 17), Independence Day (August 15), Mahatma Gandhi (October 2), Diwali (November 1), Gurunanak Jayanti (November 15) and Christmas (December 25).

A special muhurat trading will be held on November 01 for Diwali. The exchanges may alter any of the above holidays, for which a separate circular will be issued in advance.

After a robust rally in the recent past, equity markets are under pressure, falling for the third straight day on Tuesday on fears of escalating tensions in the Middle East and weak global trends.

Foreign fund outflows and uptick in Brent crude oil prices also dented investors' sentiment, analysts said.

"Equity markets are more concerned about the ongoing geopolitical issues. We don't know the timing and the nature of the Israeli response, which can be totally unexpected. This is likely to keep the markets weak in the near-term," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

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