Indian inventory, commodity and foreign money markets closed on account of Holi
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The Indian share, commodity and cash markets will stay shut on Monday, March 29, 2021, on account of Holi. They will resume buying and selling on Tuesday, March 30, 2021.
On Friday, the benchmark S&P BSE Sensex had ended 568.38 factors (1.17 per cent) increased at 49,008.50, and the broader Nifty 50 on NSE had risen 182.40 factors (1.27 per cent) to settle at 14,507.30.
In the foreign money market, the rupee had closed 11 paise increased at 72.51 in opposition to the US greenback on Friday, supported by constructive home equities and weakening of the American foreign money within the abroad market.
Commenting concerning the Nifty, Nagaraj Shetti, Technical Research Analyst at HDFC Securities Friday wrote “The short term trend of Nifty seems to have reversed up with sharp upside bounce from near the supports. The next upside levels to be watched around 14,700 and a sustainable move above this area could open further upside in the near term. On the dips, 14,400-14,350 could offer support for the markets.”
