Indian stock exchanges closed on Monday for Maharashtra Assembly Election 2024, marking the 14th trading holiday this year. Benchmark indices Sensex and Nifty50 ended flat on Tuesday, with Nifty falling close to 10% from its September high.

The National Stock Exchange (NSE) and the BSE will not conduct trading or settlements in stocks, derivatives, or securities lending and borrowing segments on Wednesday

Both the leading stock exchanges - National Stock Exchange (NSE) and BSE will remain shut for business or trading tomorrow on account of Maharashtra Assembly Election 2024.

The elections in Maharashtra are crucial and could affect the stock market because the state is one of India's most industrialized and makes a substantial contribution to the nation's GDP," said Master Capital Services.

Indian stock markets observed a holiday on Wednesday due to the Maharashtra Assembly Election. Sensex and Nifty50 showed upward movement driven by IT, auto, and energy stocks. This surge follows Nifty50's most prolonged losing streak since February 2023.

To check whether the Indian stock market is open tomorrow or not, one can log in at the BSE website and click on the ‘Trading Holidays’ option on the top

The Maharashtra Legislative Assembly Election will be held in a single phase for 288 seats with 4,136 contesting candidates on 20, 2024

Indian stock markets will remain closed for trading on Wednesday, November 20, on account of voting for state elections in Maharashtra. The Election Commission of India (EC) on October 15, 2024, announced the dates for Maharashtra Legislative Assembly Election.