Indian Stock Markets Have a Settlement Holiday for Eid-e-Milad
Listen to the story
India has two big stock markets. They are called BSE and NSE. People buy and sell shares there.
There was a holiday for Eid-e-Milad. This is a special day for many Muslims. It remembers the birth of the Prophet Muhammad.
The holiday was a settlement holiday. This means the exchanges did not do normal money and share transfers that day.
Many people asked: can you still trade today? Trading means buying or selling shares.
Stock markets in India close for many holidays every year. There is a calendar that shows all these days.
Another holiday people asked about was Raksha Bandhan on 28 August. This is also an important Indian festival.
People also want to know about holidays in 2026. They ask if markets will be closed on Wednesday for Eid-e-Milad.
It is important to check the holiday list before you plan to trade shares.
Vocabulary10 words
- stock market
- a place where people buy and sell parts of companies
- holiday
- a day when people do not work
- settlement holiday
- a day when money and shares are not moved between buyers and sellers
- trade
- to buy or sell something, like shares
- calendar
- a list that shows days and dates
- BSE
- one of India's big stock markets
- NSE
- another big stock market in India
- shares
- small parts of a company that people can buy
- festival
- a special day people celebrate
- Eid-e-Milad
- a special day for many Muslims about the Prophet's birth
Quiz
Answer key
1. Stock markets in India 2. A day with no money or share transfers 3. Because of Eid-e-Milad
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
India has two big _____ markets.
They are called _____ and _____.
There was a _____ for Eid-e-Milad.
This is a special day for many _____.
The holiday was a _____ holiday.
Many people asked: can you still _____ today?
There is a _____ that shows all these days.
Another holiday people asked about was _____ on 28 August.
People also want to know about holidays in _____.