# NSE Holiday Alert: Markets Closed for Maharashtra Assembly Polls

URL: https://technosports.co.in/nse-holiday-markets-closed-for-maharashtra/  
Published: 2024-11-20  
Updated: 2024-11-20  
Author: Reetam Bodhak

The Indian stock markets will observe a trading [holiday](https://groww.in/p/nse-holidays)on November 20, 2024, due to the Maharashtra Assembly elections. Here’s a comprehensive breakdown of the closure and its impact on different market segments.

## **NSE Holiday:** **Complete Market Closure (9:00 AM – 5:00 PM)**

- Equity trading
- Derivatives segment
- Currency derivatives
- Interest rate derivatives
- Securities lending and borrowing (SLB)

![NSE Holiday](https://technosports.co.in/wp-content/uploads/2024/11/NSE-1.webp)

## **Partial Market Closure**

**Morning Session (9:00 AM – 5:00 PM)**

- Commodity derivatives
- Electronic gold receipts (EGR)

**Evening Session (5:00 PM – 11:55 PM)**

- Commodity derivatives segment open
- EGR segment operational

## **Important Dates to Remember**

- November 20: Market Holiday (Maharashtra Assembly Elections)
- November 21: Trading Resumes
- November 23: Vote Counting Day

Remember to plan your trading activities accordingly and stay updated with market developments when trading resumes.

## **Recent Market Performance**

### **November 19 Trading Highlights**

The markets showed positive momentum, breaking a seven-day losing streak:

**Key Index Performance:**

- Sensex: Up 239.37 points (0.31%) at 77,578.38
- Nifty: Up 64.70 points (0.28%) at 23,518.50

## **Sector-wise Performance**

**Gainers (0.5-2.5% Up)**

- Media
- Auto
- Realty
- IT
- Pharma

**Decliners (0.5% Down)**

- Metal
- Oil & Gas
- PSU Bank

## **Top Performers**

**Nifty Gainers:**

1. M&M
2. Trent
3. Tech Mahindra
4. HDFC Bank
5. Eicher Motors

**Nifty Losers:**

1. SBI Life Insurance
2. HDFC Life
3. Reliance Industries
4. Tata Consumer
5. Hindalco

![](https://technosports.co.in/wp-content/uploads/2024/11/NSE-2-1024x682.webp)

## **Market Analysis**

### **Technical Indicators**

1. Formation of DOJI candlestick pattern around 200DMA
2. Resistance level: 23,800
3. Support level: 23,300

### **Broader Market Performance**

- BSE Midcap: Up nearly 1%
- BSE Smallcap: Up nearly 1%
- Broader markets outperforming frontline indices

## **Currency Market Update**

- Indian Rupee closed at 84.41 per dollar
- Previous close: 84.39
- Marginal depreciation observed

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## **FAQs**

### **Q1: When will regular trading resume?**

Regular trading will resume on November 21 (Thursday) across all segments of both BSE and NSE.

### **Q2: Why is the market closed on November 20?**

The closure is due to the Maharashtra Assembly elections, where voting for all 288 constituencies will be held in a single phase. The vote counting is scheduled for November 23, 2024.