Business

Is the stock market closed on Monday June 17?

The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain closed on Monday, June 17, on the occasion of Bakri Id. According to the BSE website, the closure will affect the equity segment, equity derivatives segment and the SLB (Securities Lending and Borrowing). Exchanges will resume on June 18.

Additionally, the Multi Commodity Exchange of India Limited (MCX) will be closed for the morning session of June 17. However, it will reopen for trading in the evening from 5:00 p.m. to 11:30 p.m./11:55 p.m.

The remaining public holidays of the year include:

Muharram (July 17)
Independence Day (August 15)
Birthday of Mahatma Gandhi (October 2)
Diwali (November 1)
Gurunanak Jayanti (November 15)
Christmas (December 25).

See also: Bill Gates remembers India's fabulous story with Nikhil Kamath: I met Satya and Sundar

Markets on Friday: Benchmark indices Sensex and Nifty50 hit new highs, driven by gains in heavyweights like Trusted Industries, Mahindra and MahindraAnd HDFC Bank. The indices, however, fell slightly towards the end of the session, closing with modest gains. The Sensex ended the day at 76,606.57, up 149.98 points, while the Nifty50 closed at 23,322.95, up 0.25 per cent.

Talking about the performance, Rajesh Bhosale, Technical Equity Analyst, Angel One, said the week was characterized by a steady rise in Nifty with prices hitting new highs throughout the week. However, traders found it difficult to trade within key indices due to slow intraday movements.

Nagaraj Shetti, technical analyst at HDFC Securities, said: Nifty continued to show limited action in the range of 23,300-23,500 levels and there are still no early signs of a breakout on either side. 'other. A decisive move above 23,500 levels is likely to open an upward breakout and a slide below 23,300 levels could mean a chance of a downward breakout of the range move in the near term.

Read More: Voltas CEO Earned 7.21 Cr in FY24, Chairman Noel Tata Paid

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