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NSE, BSE will remain closed today in Muharram, two more public holidays in August

NSE, BSE will remain closed today in Muharram, two more public holidays in August

 


Stock market holiday: Indian equity, currency and commodity markets are closed on Tuesday, August 9, 2022 due to Muharram. While equity and currency markets will resume trading on Wednesday, August 10, 2022, commodity markets will resume for the evening trading session at 5 p.m. Tuesday.

Commodity markets follow two sessions – morning session from 9:00 a.m. to 5:00 p.m. and evening session from 5:00 p.m. to 11:30/11:55 p.m.

On Monday, frontline equity indices at the BSE and the National Stock Exchange (NSE) rose for the second consecutive session and ended more than 0.7 percent more. The S&P BSE Sensex jumped 465.14 points (0.80%) to end at 58,853.07 while the Nifty 50 climbed 127.60 points (0.73%) to settle at 17,525, 10.

The rupiah depreciated 39 paise to close at 79.63 against the US dollar on Monday, under pressure from demand for dollars and lower risk appetite among investors.

Commenting on Nifty’s outlook, Nagaraj Shetti, Technical Research Analyst at HDFC Securities, said: “Nifty’s short-term trend remains positive with limited action. A sustained move above the 17,550 levels could be seen as an upside break of the range and this could pull Nifty towards the next important resistance at the 17,800-17,900 levels in the near term. Immediate support is placed at 17,430 levels.

Sources

1/ https://Google.com/

2/ https://indianexpress.com/article/business/market/indian-stock-share-money-currency-bond-commodity-markets-shut-muharram-august-9-8079311/

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