Share market today: Are BSE, NSE closed on Nov 20 for Maharashtra elections?

Stock markets in India will remain closed on Wednesday, November 20, 2024 because of the state elections in Maharashtra.
Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will perform no trading or settlement of stocks, derivatives, and securities lending and borrowing (SLB) segments on Wednesday.
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This comes after the Election Commission of India (ECI) on October 15, 2024, announced the dates for Maharashtra Legislative Assembly Election which will be held in a single phase for 288 seats with 4,136 contesting candidates.
The vote counting on the other hand, will be done on Saturday, November 23, 2024.
The Multi Commodity Exchange (MCX) will also be closed for the morning session, from 9 AM to 5 PM.
The evening trading session however, will be open for trading, from 5 PM to 11:55 PM. For select agricultural commodities, it is till 9 PM.
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Meanwhile, the National Commodity & Derivatives Exchange (NCDEX), India’s largest agriculture commodity exchange will remain closed.
Since most commodities are traded in futures, all the contracts expiring on November 20, 2024, will get preponed to the previous trading day, which is Tuesday, November 19, 2024.
Markets closed in the green after the trading session ended on Tuesday, November 11, 2024.
The benchmark BSE Sensex rose by 239.37 points or 0.31%, closing in at 77,578.38, while the broader NSE Nifty rose by 64.70 points or 0.28%, closing at 23,518.50.
Mahindra & Mahindra Ltd rose the most among the Sensex companies, closing at ₹2,948.10. This was an increase of 3.55%. It was followed by Tech Mahindra Ltd which rose 2.28%, closing at ₹1,699.20 and HDFC Bank which rose 2.21% to close at ₹1,742.25
Among the NSE’s sectoral indices, Nifty Media rose the most by 2.45%, followed by Nifty Realty at 1.48% and Nifty Auto, which was up 1.37%.
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