Stock Markets Shut On Oct 21 on account of Assembly Elections in Maharashtra
As assembly elections are slated to be held on Monday, equity, debt, commodity and currency markets will be shut on October 21, 2019. In separate circulars, NSE and BSE have announced trading holiday for capital markets, currency derivatives and F&O segment.
"On account of assembly elections in Maharashtra which is scheduled to be held on October 21, 2019, members are requested to note that exchange hereby notifies trading holiday for the capital market, futures & options and currency derivative segments," NSE said.
In the week ended October 18, 2019, benchmark indices in a volatile week gained on the back of favourable global and domestic cues to end on a positive note, with Nifty and Sensex making gains of 3.16% and 3.07% to end at 39,298.
The run up in the market is probably because of renewed interest from FIIs and also on expectation of modest earnings results from heavyweights such as HDFC Bank and RIL.
The commodity derivative segment will be opened for the evening session at 5 PM, NSE further added.