October 1 marks a day of regulatory changes and tax implications for Indian investors. Check details on the changes

The Indian financial markets are set to observe a holiday on Wednesday, October 2, 2024, as the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and the Multi Commodity Exchange (MCX) will remain closed in honour of Gandhi Jayanti.

Official data from the National Stock Exchange has revealed a significant rise in young investors (below 30 years) in the Indian stock market between March 2018 and August 2024. Their share increased from 22.

The Indian stock markets will be closed on Wednesday, October 2, 2024, to commemorate Gandhi Jayanti, a national holiday honouring the birth of Mahatma Gandhi.

Both the indices to remain close on October 02 on account of Gandhi Jayanti. Mahatma Gandhi was born on October 02. He led India's independent movement along with other freedom fighters.

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on October 2 on account of the Gandhi Jayanti. Trading in derivatives, equities, SLBs, currency derivatives, and interest rate derivatives will remain shut for the day.

Indian stock market is now dominated by the young investors of age below 30 years, highlighted official data by the National Stock Exchange.

Both the stock exchanges - National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain closed to observe one national holiday in October. Moreover, investors should note that NSE enables trading operations throughout the year to provide a pleasant trading experience.