Indian Stock markets closed on Sept 14 for Ganesh Chaturthi

The Indian stock markets are set to remain closed on Monday on account of the Ganesh Chaturthi festival.

Both the NSE and BSE have declared September 14 a full trading holiday for Ganesh Chaturthi.

Investors will not be able to buy or sell equities on either exchange during the regular trading session. Equity derivatives trading will also remain shut.

Investors will not be able to buy or sell equities on either exchange during the regular trading session. Equity derivatives trading will also remain shut.

The commodity market will follow a separate schedule on Ganesh Chaturthi.

The Multi Commodity Exchange (MCX) will remain closed during its



morning trading session, from 9 am to 5 pm, and resume operations at 5 pm. The evening session will remain open until 11:30 pm, or up to 11:55 pm.

On the other hand, a settlement holiday does not necessarily halt trading.

Instead, the clearing and settlement of eligible transactions are suspended for the day.

Last week, the Indian equity benchmarks posted notable losses amid a sharp rise in crude oil and worries over global interest rates.

Nifty declined 2.09 per cent during the week and shed 0.34 per cent on the last trading day to reach 23,398.

At close, Sensex was down 120 points, or 0.16 per cent, at 74,781. It lost 2.27 per cent during the week.