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Tag: stock market holidays

  • Stock Market Holidays 2022: Indian fairness and foreign money markets closed on account of Gurunanak Jayanti

    Stock Market Holiday: the nation’s fairness, foreign money and commodity markets are shut on Tuesday, November 8, 2022, on account of Gurunanak Jayanti. While the fairness and foreign money markets will resume commerce on Wednesday, November 9, 2022, commodity markets will resume for the night buying and selling session at 5 pm on Tuesday.

    Commodity markets comply with two periods – morning session from 9:00 am to five:00 pm and night session from 5:00 pm until 11:30/11:55 pm.

    Monday, the benchmark fairness indices on the BSE and National Stock Exchange (NSE) continued their gaining momentum for the second consecutive session aided by positive aspects in public sector banks, auto and steel shares amid optimistic world cues and a fall in crude costs. The S&P BSE Sensex rose 234.79 factors (0.39 per cent) to finish at 61,185.15 whereas the Nifty 50 gained 85.65 factors (0.47 per cent) to settle at 18,202.80.

    The rupee appreciated by 43 paise to shut at a one-month excessive of 81.92 in opposition to the US greenback on Monday amid a weak American foreign money and sustained overseas fund inflows. Favourable feedback from the US Federal Reserve additionally boosted the foreign exchange market sentiment.

    Commenting on the outlook for Nifty, Nagaraj Shetti, Technical Research Analyst at HDFC Securities mentioned, “The short term trend of Nifty continues to be positive. The market is now showing signs of sustainable upmove into new swing highs. The next upside levels to be watched around 18,350 and next 18,600 levels in the next 1-2 weeks. Immediate support is placed at 18,100 levels.”

  • Stock Market Holidays 2022: Indian fairness and foreign money markets closed on account of Diwali Balipratipada

    Stock Market Holiday: India’s fairness, foreign money and commodity markets are shut on Wednesday, October 26, 2022, on account of Diwali Balipratipada. While the fairness and foreign money markets will resume commerce on Thursday, October 27, 2022, commodity markets will resume for the night buying and selling session at 5 pm on Wednesday.

    Commodity markets comply with two periods – morning session from 9:00 am to five:00 pm and night session from 5:00 pm until 11:30/11:55 pm.

    On Tuesday, the benchmark fairness indices on the BSE and National Stock Exchange (NSE) snapped their seven-session gaining streak and ended over 0.4 per cent decrease on Tuesday weighed by fast-moving client items (FMCG), banking and monetary shares amid weak point within the world market. The S&P BSE Sensex slipped 287.70 factors (0.48 per cent) to finish at 59,543.96 whereas the Nifty 50 declined 74.40 factors (0.42 per cent) to settle at 17,656.35 on Tuesday.

    The rupee appreciated by 7 paise to shut at 82.81 in opposition to the US greenback on Tuesday, as easing crude oil costs buoyed investor sentiments.

    Commenting on the outlook for Nifty, Subash Gangadharan, Senior Technical and Derivative Analyst at HDFC Securities mentioned, “While the Nifty remains in a short term uptrend and looks set to move higher towards the previous intermediate highs of 18096, it is important that on any mild corrections the index holds above the immediate supports of 17607-17503 for the uptrend to continue.”

  • Stock Market Holidays 2022: Indian fairness and forex markets closed on account of Ganesh Chaturthi

    Stock Market Holiday: India’s fairness, forex and commodity markets are shut on Wednesday, August 31, 2022, on account of Ganesh Chaturthi. While the fairness and forex markets will resume commerce on Thursday, September 1, 2022, commodity markets will resume for the night buying and selling session at 5 pm on Wednesday.

    Commodity markets comply with two periods – morning session from 9:00 am to five:00 pm and night session from 5:00 pm until 11:30/11:55 pm.

    On Tuesday, the benchmark fairness indices on the BSE and National Stock Exchange (NSE) soared over 2.5 per cent to log their greatest single-day achieve in additional than three months pushed by worth shopping for in banking, info know-how (IT) and oil shares amid combined world cues. The S&P BSE Sensex surged 1,564.45 factors (2.70 per cent) to finish at 59,537.07 whereas the Nifty 50 rallied 446.40 factors (2.58 per cent) to settle at 17,759.30. All 30 shares within the Sensex pack ended within the inexperienced on Tuesday.

    The rupee rebounded by 39 paise to shut at a virtually two-week excessive of 79.52 in opposition to the US greenback on Tuesday, supported by international fund inflows and a correction in crude oil costs.

    Commenting on the outlook for Nifty, Nagaraj Shetti, Technical Research Analyst at HDFC Securities stated, “Nifty seems to have reversed the recent downtrend sharply on the upside. Now, the bulls are ready to show a big bang upside breakout of the resistance of around 16,900 levels by this week end or by next week. A decisive move above 17,900 levels could pull the Nifty towards the next upside target of 18,300-18,400 in the next few weeks. Immediate support is placed at 17,600 levels.”

  • Stock Market Holidays 2022: Indian fairness and forex markets closed on account of Muharram

    Stock Market Holiday: India’s fairness, forex and commodity markets are shut on Tuesday, August 9, 2022, on account of Muharram. While the fairness and forex markets will resume commerce on Wednesday, August 10, 2022, commodity markets will resume for the night buying and selling session at 5 pm on Tuesday.

    Commodity markets comply with two classes – morning session from 9:00 am to five:00 pm and night session from 5:00 pm until 11:30/11:55 pm.

    On Monday, the frontline fairness indices on the BSE and National Stock Exchange (NSE) rose for the second consecutive session and ended over 0.7 per cent larger. The S&P BSE Sensex surged 465.14 factors (0.80 per cent) to finish at 58,853.07 whereas the Nifty 50 climbed 127.60 factors (0.73 per cent) to settle at 17,525.10.

    The rupee depreciated by 39 paise to shut at 79.63 in opposition to the US greenback on Monday, pressured by greenback demand and waning threat urge for food amongst traders.

    Commenting on the outlook for Nifty, Nagaraj Shetti, Technical Research Analyst at HDFC Securities mentioned, “The short-term trend of Nifty remains positive with range bound action. A sustainable move above 17,550 levels could be considered as an upside breakout of the range and that could pull Nifty towards the next important resistance of 17,800-17,900 levels in the near term. Immediate support is placed at 17,430 levels.”

  • Indian inventory, commodity and forex markets closed on account of Good Friday

    The Indian share, commodity and cash markets will stay shut on Friday, April 2, 2021, on account of Good Friday. They will resume buying and selling on Monday, April 5, 2021.
    On Thursday, the benchmark S&P BSE Sensex had ended 520.68 factors (1.05 per cent) greater at 50,029.83, and the broader Nifty 50 on NSE had risen 176.65 factors (1.20 per cent) to settle at 14,867.35.
    The forex market was shut additionally shut Thursday for the annual closing of banks. On Wednesday, the rupee closed greater by 26 paise at 73.12 towards the US greenback and ended the fiscal on a robust be aware with a achieve of over 3 per cent regardless of coronavirus-induced disruptions on the financial entrance.

    Commenting concerning the Nifty, Rohit Singre, Senior Technical Analyst at LKP Securities stated, “Index closed a week at 14,867 with gains of two and half percent and formed a bullish candle after two consecutive bearish candles. Index has formed a broader consolidation zone of 14,300 on the downside and 15,400 on the higher side very soon we may see fresh breakout above 14,900 zone which can be consider as immediate small consolidation breakout and then we may see next leg of rally towards 15,400 odd levels in near term, good support is still at 14,700 zone.”

  • Indian inventory, commodity and foreign money markets closed on account of Holi

    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.”