As the world rings in the New Year, most major stock exchanges are closed or have shortened sessions, leaving Indian markets with very quiet trading.
Global markets take a break
Australia, New Zealand, Hong Kong, Spain and the United Kingdom trade only a few hours on December 31. South Korea’s KOSPI and Japan’s exchanges are closed. The United States stays open on December 31 but shuts on January 1.
New Year’s Day closures
On January 1, the major Asian markets – China, Japan, Hong Kong, South Korea and Taiwan – are all closed. Australia, New Zealand and the US also observe a holiday. In Europe, Germany, France and the UK do not trade.
What’s happening in India?
Both the BSE and NSE will be open on December 31 and January 1, as usual. However, because most global investors are on holiday, trading is expected to be thin. Index moves are likely to stay in a narrow range.
Investor guidance
Chief Investment Strategist Dr V K Vijayakumar says a clear market direction will only appear early next year when big institutions return. For now, investors can watch the market and consider buying quality large‑cap stocks if prices dip.
Key dates to remember
- December 31 2024 – Short trading sessions in several overseas markets.
- January 1 2025 – Most global markets closed.
- January 26 2025 – India’s Republic Day holiday (first Indian market holiday of 2025).
Disclaimer
These notes are for educational purposes only. They reflect the views of individual analysts, not a specific firm. Always do your own research or talk to a certified advisor before making investment decisions.