Stock market holidays are always important to keep track of for investors and traders. The Indian stock exchanges, NSE and BSE, will be closed on June 17, 2024, due to Bakri Id. This closure comes after the exchanges were closed for two days in May for Maharashtra Day and the general elections.
In addition to the stock market news, the Lok Sabha Elections of 2024 are in full swing, with the seventh and final phase of voting taking place on June 1. This phase includes key states like Punjab, Uttar Pradesh, and West Bengal, among others. The results of these elections will have a significant impact on the country’s political landscape.
Despite recent concerns over the election outcomes, the Indian stock market saw a modest increase on May 31, with key heavyweights like HDFC Bank and Reliance leading the gains. Market experts attribute this positive trend to buying interest and the overall robust economic fundamentals.
As investors await the election results and navigate market volatility, it is essential to stay informed and seek advice from certified experts before making any investment decisions. Stay tuned for more updates on the stock market and political developments in India.
