Connect with us

Business

Eid-ul-adha 2024: Is the Indian market closed on Monday for Bakri Eid?

Eid-ul-adha 2024: Is the Indian market closed on Monday for Bakri Eid?
Eid-ul-adha 2024: Is the Indian market closed on Monday for Bakri Eid?

 


Stock Market Holiday: The Indian Stock Exchange will be closed for trading on Monday, June 17, on the occasion of Bakri Id. This closure includes all segments such as equity, derivatives and SLB segments. Normal trading will resume on Tuesday June 18.

Additionally, the Multi Commodity Exchange of India Limited (MCX) will remain closed for the morning session on June 17, but will reopen for the evening session from 5:00 p.m. to 11:30 p.m. or 11:55 p.m.

The Indian market has a total of 15 public holidays scheduled throughout the calendar year 2024. The remaining days include Muharram on July 17, 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, when commercial activities will also be suspended.

Stock Markets Friday

On June 14, despite a tepid start, India's benchmark stock indices, Sensex and Nifty 50, closed the session higher, supported by gains in the automobile and consumer durable goods sectors. However, gains in information technology (IT) stocks weighed on the indices. The BSE Sensex rose 181.87 points or 0.24 per cent to close at 76,992.77, while the Nifty 50 ended at 23,465.60, up 66.70 points or 0.29 per cent.

In broader markets, the Nifty Midcap 100 and Nifty SmallCap 100 outperformed, closing up 1.05% and 0.8%, respectively. The India VIX, a measure of market volatility, closed 4.93% lower.

Vinod Nair, head of research at Geojit Financial Services, noted a temporary slowdown in market dynamics following the US Fed's hawkish remarks, reducing expectations of an immediate rate cut. Investors are now waiting for signals from the next Union Budget, anticipating a period of consolidation. There is a growing sense of prioritizing social initiatives, thereby boosting consumption-led actions.

Among the Nifty 50 stocks, 28 ended in the green, with Eicher Motors, Adani Ports, Mahindra & Mahindra, Shriram Finance and Titan Company leading the gains. Conversely, Tech Mahindra, Tata Consultancy Services, Wipro, HCL Technologies and Larsen & Toubro were among the top losers.

Sector-wise, the Nifty Auto, Consumer Durables, Real Estate, Metal, Oil & Gas, Financial Services and FMCG sectors closed higher, with gains ranging from 0.4% to 1.30%. In contrast, IT finished lower, while media closed flat for the day.

3.6 million Indians visited us in a single day, choosing us as India's undisputed platform for the general election results. Check out the latest updates here!

Get all the latest business news, market news, latest events and updates on Live Mint. Download the Mint News app to get daily market updates.

More less

Published: Jun 15, 2024, 09:12 AM IST

Sources

1/ https://Google.com/

2/ https://www.livemint.com/market/stock-market-news/eiduladha-2024-is-the-indian-market-shut-on-monday-for-bakri-eid-11718422487501.html

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

ExBUlletin

to request, modification Contact us at Here or [email protected]