Stock market holiday: Are markets shut on Monday on account of Eid-ul-Adha (Bakri-Eid)?

The NSE Nifty 50 hit a new all-time high of 23,490.40 surpassing the previous high of 23,481.05. (Image: Sumana Sarkar/Financial Express.com)

Stock | Share market holiday: The Indian equity markets will remain shut on Monday, June 17, on the account of Bakri Eid (Eid-ul-Adha). All the segments such as equity, derivatives, and SLB, will be closed. The market participants will be enjoying a long weekend.

The last time investing enthusiasts experienced such luxury was in March 2024, when they were greeted with not one but three long weekends.

The Multi Commodity Exchange of India (MCX) will be closed for the morning session on Monday, June 17. However, for the evening session, trading will begin at 5:00 PM and run until either 11:30 PM or 11:55 PM.

That said, Indian equity indices closed on a higher note on Friday, June 14, after hitting new highs for the second day in a row. The NSE Nifty 50 hit a new all-time high of 23,490.40, surpassing the previous high of 23,481.05. The index later closed 67 points, or 0.29%, higher from its previous close at 23,465.60. The BSE Sensex settled 182 points, or 0.24%, higher from the previous close, at 76,993. The heavyweights of the Nifty 50 took the markets to new highs. HDFC Bank, Reliance Industries, M&M, Titan, and Adani Ports & SEZ moved Nifty 50 towards a record high on Friday.