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Home»Stock Market»Stock market holiday: BSE and NSE remain closed today due to Ram Navami
Stock Market

Stock market holiday: BSE and NSE remain closed today due to Ram Navami

prosperplanetpulse.comBy prosperplanetpulse.comApril 17, 2024No Comments3 Mins Read0 Views
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Stock Market Holiday: Today, Wednesday, April 17, Indian stock markets will be closed due to Ram Navami public holiday. There will be no trading in the Indian stock market today as both the major stock exchanges, BSE and National Stock Exchange (NSE), will be closed for Ram Navami, which is celebrated as Lord Ram’s birth anniversary. do not have.

The list of trading holidays for 2024 on the official websites of BSE and NSE includes Wednesday, April 17 as Ram Navami’s holiday. Therefore, stock market investors should note that there will be no trading activity on the BSE and NSE as the stock exchanges are closed in the Indian stock market today.

As per BSE, equity segment, equity derivatives segment, SLB segment, currency derivatives segment and interest rate derivatives segment will be suspended from trading today.

Read here: Stock market holiday: Will Indian stock markets be closed on April 17 for Ram Navami?

The Commodity Derivatives arm of Multi Commodity Exchange of India Limited (MCX) will be closed for morning trading only today and will remain open for evening trading.

Commodity market trading will begin on MCX today in the evening session from 5pm to 11:30pm/11:55pm.

However, as per stock market holidays list 2024, there will be no further trading holiday in April 2024 and the next stock market holiday will be on May 1st due to Maharashtra Day.

Stock market holidays in May 2024

There will be two stock market holidays in May 2024. The first stock market holiday is on May 1st due to the Maharashtra Day celebrations, while his second stock market holiday in May is on May 20th due to the Sabha elections in Mumbai. It has been.

Read here: Stock market holiday: BSE and NSE remain closed on May 20 during Lok Sabha elections in Mumbai

Indian stock market news

Indian stock market indexes, the Sensex index and the Nifty 50 index, fell for the third straight session and ended Tuesday down more than 0.5 per cent amid weakness in global indexes.

The Sensex fell by 456.10 points (0.62%) to close at 72,943.68 and the Nifty 50 fell by 124.60 points (0.56%) to close at 22,147.90.

In the broader market, the Nifty Smallcap 100 index outperformed the majors and ended 0.75% higher, while the Nifty Midcap 100 index declined 0.09%.

Read here: Today’s stock market: Sensex and Nifty have fallen for the third consecutive quarter. IT stocks are among the top undervalued stocks.Small and mid-sized stocks outperform

The decline in the Indian stock market is against the backdrop of rising tensions in the Middle East due to the Iran-Israel conflict, rising US dollar and US bond yields, and persistent selling by foreign institutional investors (FIIs).

On Tuesday, foreign institutional investors (FIIs) were net sellers of an equivalent amount of Indian stocks. INRDomestic institutional investors (DII) bought 4,468.09 million shares. INR2,040.38 million, as per provisional data available on the exchange.

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