Is the stock market closed tomorrow for Janmashtami?
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Indian stock markets will remain open on Monday, August 26, the day of Krishna Janmashtami. All segments, including equity, derivatives, and SLB, will operate as usual. Additionally, the Multi-Commodity Exchange (MCX) will also remain open for both the morning and evening sessions. For the remainder of 2024, markets will be closed on Mahatma Gandhi Jayanti (October 2), Diwali (November 1), Gurunanak Jayanti (November 15), and Christmas (December 25). The exchanges may issue separate circulars if there are any changes to the holiday schedule. This week, Indian stock indices Sensex and Nifty surged by 0.7-1%, marking their seventh consecutive session of gains on Friday, reportedly the longest rally in 2024. On Friday, the S&P BSE Sensex ended at 81,086.21, up by 33.02 points or 0.04%, while the broader Nifty closed at 24,823.15, gaining 11.65 points or 0.05%.Global markets also surged on Friday following dovish remarks from U.S. Federal...