Trading on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be shut on Thursday on account of Eid-Ul-Fitr (Ramzan Id).
India’s largest agricultural commodity exchange, NCDEX, will also remain closed for the day. However, the Multi Commodity Exchange (MCX) will have altered trading hours, with the first session shut between 9 am and 5 pm, resuming thereafter.
There are few more holidays coming up in April. The markets will also be closed on April 17 on account of Ram Navami .
That apart some of the other key occasions when the markets will be shut in the near future includes Maharashtra Day on May 1, Election in Mumbai on May 20.
Also markets will remain closed on Independence Day on August 15, Mahatma Gandhi’s Birthday on October 2, Diwali on November 1, Gurunanak Jayanti on November 15,and Christmas on December 25.
Market Highlights on April 10
In Wednesday’s trade, Indian equity indices demonstrated upward momentum with the Sensex closing above the 75000 mark for the first time, predominantly driven by the energy and banking sectors, amidst anticipation surrounding crucial U.S. inflation data scheduled later in the day.
The NSE Nifty 50 gained 111.05 points or 0.47% to settle at 22,753.80, while the BSE Sensex jumped 354.44 points or 0.47% to 75,038.15.
The broader indices ended in positive territory, with gain led by small-cap and mid-cap stocks. Bank Nifty index ended at record high gained by 256.05 points or 0.53% to settle at 48,986.60. Media and PSU Banks stocks outperformed among the other sectoral indices while Pharma and Auto stocks shed.
