Stock Market Holiday Today: BSE, NSE to Remain Closed for Muharram

July 17, 2024 at 09:31 IST

Stock Market Holiday Today: BSE, NSE closed on July 17 for Muharram; trading to resume on July 18. Sensex, Nifty hit record highs on July 16.

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed today (July 17) on account of Muharram. Trading in derivatives, equities, SLBs, FX derivatives and interest rate derivatives will also remain closed.

Meanwhile, the commodity derivatives segment will remain closed during the morning session from 9 am to 5 pm but will be open for the evening session from 5 pm to 11:55 pm. Trading on the NSE and BSE will resume on July 18.

On Tuesday (July 16), the Sensex and Nifty indices closed at record highs after buying in FMCG, telecom and some information technology stocks. The 30-share BSE Sensex closed at a fresh all-time high of 80,716.55, while the NSE Nifty hit an all-time closing high of 24,613, extending the winning streak to the third day.

The Sensex and Nifty have hit record highs since last Friday as foreign investors turned net buyers of Indian stocks. This comes amid growing hopes of a rate cut by the US Federal Reserve by September this year.

News / Business / Stock Market Holiday Today: BSE, NSE to Remain Closed for Muharram

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