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May 1, 2018

Is Stock Market Open On 1st May 2018 (Answered!)



In this article, you will get the answer for is stock market open on 1st May 2018! Scroll down for live streaming video on May Day...

is stock market open on 1st may
Image source & credits: askideas.com

Is Stock Market Open On 1st May 2018?

No Stock Market is not open on 1st May 2018 because this day is celebrated as Labour's Day in India.

For a complete list of Stock Market holidays, you can refer this article

What is May Day / International Workers Day?

International Workers' Day, also known as Labour Day or Workers' Day in some countries and often referred to as May Day, is a celebration of laborers and the working classes that is promoted by the international labor movement which occurs every year on May Day (1 May), an ancient European spring festival.

The date was chosen by a pan-national organization of socialist and communist political parties to commemorate the Haymarket affair, which occurred in Chicago on 4 May 1886.

The 1904 Sixth Conference of the Second International, called on "all Social Democratic Party organizations and trade unions of all countries to demonstrate energetically on the First of May for the legal establishment of the 8-hour day, for the class demands of the proletariat, and for universal peace."



The first of May is a national public holiday in many countries worldwide, in most cases as "Labour Day", "International Workers' Day" or some similar name – although some countries celebrate a Labour Day on other dates significant to them, such as the United States, which celebrates Labour Day on the first Monday of September.

History Of May Day

Labour Day in India derives from the institution of International Workers’ Day, which began in 1886. In this year, there was an event in Chicago in the US known as the Haymarket Affair. The Haymarket Affair was the bombing of a peaceful demonstration in support of workers’ rights. Over the years following the Haymarket Affair, socialist and workers rights’ groups decided that a day should be instituted to celebrate workers every year. The day chosen was May 1st, and from the beginning of the 20th century onwards, this day was called International Workers’ Day.

In India, the day was first celebrated in Chennai in 1923, but now it is a nationwide day of celebration. In many countries, India included, the day is referred to as Labour Day instead. Ethiopia, Egypt and the US are just a few of the countries that also call this day Labour Day. In this article, you will learn about the significance of Labour Day in India as well as the form that its celebrations take.

The significance of Labour Day in India.

Labour Day is a very significant holiday in India and beyond. Here are a few reasons why it is of such significance to the population.

1. Bringing workers together: when they act in an organized, concerted way, workers are very powerful – workers outnumber the bosses and authorities who might oppress them. Labour Day is a day that brings workers together and reminds them of their power when they act in unison.

2. Providing an appreciation for workers: workers can often feel underappreciated, particularly when they do strenuous or otherwise emotionally and physically taxing jobs. Labour Day is a day when workers can feel appreciated for the work that they have done throughout the year.

3. Drawing attention to workers’ rights: on Labour Day, workers and their needs and rights are put into sharp focus. This day can be an impetus for sharpening worker’s efforts to learn about their rights and to campaign and make movements to secure a better life for themselves and their families.

4. Reminding the population about the human side of the economy: economic statistics about growth, output, input, and productivity can often obscure the human men and women who actually power the economy with their work. On Labour Day, we are reminded that the economy is something that affects, and is affected by real men and women.

5. Crossing national boundaries: the overwhelming majority of countries celebrate Labour Day on the same day, May 1st (though the States is one exception because there it is celebrated in September). This means that this day in India does not just bring together workers in India: it also gives a sense that workers across the world are united by their common struggle and their common experiences. As such, this day can invite workers to break down national barriers and support each other right across the world.

6. A day of rest: many companies will give workers a day off on Labour Day, though this is not mandated by law. So, this day is also of significance because it enables workers to take some much-needed rest from their work and to collect their thoughts, spend time with their loved ones, or just recover their energies.

7. Motivating people: showing that workers are celebrated in a given country will motivate them to get to work and to work hard. This will help to keep the economy going and also encourage men and women to pursue their chosen careers, to do their best at them, and to contribute to their society.



How is Labour Day celebrated in India?


Labour Day celebrations in India can take many forms. Usually, there will be pageants organized by trade unions and other workers’ rights groups. Ordinary workers will also often join these pageants, with slogans and banners that represent their needs and their pride as workers.

As mentioned above, one of the key ways in which Labour Day in India is significant is because it brings workers together and shows their power as a united force. Trade Unions are one of the most powerful examples of this, so it is fitting that they are at the center of pageants on Labour Day celebrations.

Celebrations on this day also take the form of educating the next generation of workers. So, for example, there may be speeches in schools or school children may be encouraged to take part in activities which get them thinking about the economy, labor, and workers’ rights. Political speeches will also usually be made by local authorities and by the national governmental authorities.


The media will publish articles on the history and significance of Labour Day in India and worldwide. Celebrations may also take a more private and individual form. Groups of work colleagues may decide to celebrate by going out for a meal together or by having a small party in the workplace. As a result, this day also becomes an opportunity for workers to make or cement their friendships and to get to know each other better, fostering a more positive workplace environment.

Apr 18, 2018

Share Market Holidays 2018 | MCX Holidays 2018 (Latest!)



Here is a quick list of Share Market Holidays 2018 to help you know when the stock market will not be working for the year 2018. Also, you can scroll below for MCX Holidays 2018

share market holidays 2018


A market is open from 9:15 a.m to 3:30 p.m from Monday to Friday so excluding the holidays as listed in below section.

Below is the list of holidays for equity and equity derivatives.

Share Market Holidays 2018


SI.NO.
Holidays
Date
Day
1
Republic Day
January 26, 2018
Friday
2
Mahashivratri
February 13, 2018
Tuesday
3
Holi
March 02, 2018
Friday
4
Mahavir Jayanti
March 29,2018
Thursday
5
Good Friday
March 30,2018
Friday
6
Maharashtra Day
May 01,2018
Tuesday
7
Independence Day
August 15,2018
Wednesday
8
Bakri Id
August 22,2018
Wednesday
9
Ganesh Chaturthi
September 13,2018
Thursday
10
Muharram
September 20,2018
Thursday
11
Mahatma Gandhi Jayanti
October 02,2018
Tuesday
12
Dussehra
October 18,2018
Thursday
13
Diwali  Laxmi Pujan*
November 07,2018
Wednesday
14
Diwali Balipratipada
November 08,2018
Thursday
15
Guru Nanak Jayanti
November 23,2018
Friday
16
Christmas
December 25,2018
Tuesday

Below a list of holidays for currency derivatives and debt segment for the year 2018.


SI.NO.
Holidays
Date
Day
1
Republic Day
January 26, 2018
Friday
2
Mahashivratri
February 13, 2018
Tuesday
3
Chhatrapati Shivaji Maharaj Jayanti
February 19,2018
Monday
4
Holi
March 02, 2018
Friday
5
Mahavir Jayanti
March 29,2018
Thursday
6
Good Friday
March 30,2018
Friday
7
Buddha Pournima
April 30,2018
Monday
8
Maharashtra Day
May 01,2018
Tuesday
9
Independence Day
August 15,2018
Wednesday
10
Parsi New Year
August 17,2018
Friday
11
Bakri Id
August 22,2018
Wednesday
12
Ganesh Chaturthi
September 13,2018
Thursday
13
Muharram
September 20,2018
Thursday
14
Mahatma Gandhi Jayanti
October 02,2018
Tuesday
15
Dussehra
October 18,2018
Thursday
16
Diwali * Laxmi Pujan
November 07,2018
Wednesday
17
Diwali Balipratipada
November 08,2018
Thursdasy
18
Id-E-Milad
November 21,2018
Wednesday
19
Guru Nanak Jayanti
November 23,2018
Friday
20
Christmas
December 25,2018
Tuesday


*Muhurat Trading shall be held on Wednesday, November 07,2018 (Diwali – Laxmi Puja). Timings of Muhurat Trading shall be notified subsequently.
*The Exchange may alter/change any of the above holidays, for which a separate circular shall be issued in advance.

MCX Holidays 2018

Below is the list of MCX Holidays 2018, you can set this to your google calendar:

Holidays
Date
Day
Morning Session
Evening Session*
New Year’s Day
01-Jan-18
Monday
Open
Closed
Republic Day
26-Jan-18
Friday
Closed
Closed
Mahashivratri
13-Feb-18
Tuesday
Closed
Open
Holi (2nd Day)
02-Mar-18
Friday
Closed
Open
Mahavir Jayanti
29-Mar-18
Thursday
Closed
Open
Good Friday
30-Mar-18
Friday
Closed
Closed
Maharashtra Day
01-May-18
Tuesday
Closed
Open
Independence Day
15-Aug-18
Wednesday
Closed
Closed
Bakri Id (Id-ul-Zua)
22-Aug-18
Wednesday
Closed
Open
Ganesh Chaturthi
13-Sep-18
Thursday
Closed
Open
Moharram
20-Sep-18
Thursday
Closed
Open
Gandhi Jayanti
02-Oct-18
Tuesday
Closed
Closed
Dassera
18-Oct-18
Thursday
Closed
Open
Diwali – Lakshmi Puja
07-Nov-18
Wednesday
Closed
Open**
Diwali – Balipratipada
08-Nov-18
Thursday
Closed
Open
Guru Nanak Jayanti
23-Nov-18
Friday
Closed
Open
Christmas
25-Dec-18
Tuesday
Closed
Closed