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Stock Market Holiday: NSE, BSE to Remain Closed on Thursday for Bakrid - News18

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[ad_1] Last Updated: June 27, 2023, 12:52 IST Stock Market Holiday Eid al-Adha 2023:  Indian stock and commodity markets will remain shut on Thursday, June 29 on account of Eid al-Adha (the feast of sacrifice), better known as Bakrid. Earlier, the holiday was scheduled for June 28 (Wednesday). Wholesale commodity markets, including metal and bullion, will also remain closed. There will be no trading activity in the forex and commodity futures markets either. The expiry of all existing contracts of Nifty and Nifty Bank contracts will take place on Wednesday, instead of Thursday, while Nifty Midcap derivative contracts will expire on Wednesday, as usual. Contracts for new series will begin from Friday. On the reason for the change in stock market holiday, NSE notice said, “As per the attached notification of Maharashtra general administration department dated June 26, 2023, regarding a change in holiday on account of Bakri ID on June 29, 2023, and in partial modification in exchange...