Photo: Bloomberg
The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India will be closed on April 17 in observance of Ram Navami celebrations. BSE announced the closure of the Equity Segment, Equity Derivative Segment, SLB Segment, Currency Derivatives Segment, and Interest Rate Derivatives segments for the day.
The Multi Commodity Exchange of India Limited (MCX) will have a closed morning trading session, but trading will resume in the evening from 5 pm to either 11:30 pm or 11:55 pm. Similarly, the Commodity Derivative Segment will be closed in the morning but open in the evening.
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Looking ahead, BSE has marked 15 holidays for equity, equity derivatives, and SLB segments in 2024. In May, the market will be closed on the 1st for Maharashtra Day, and in June, it will be shut on the 17th for Bakri Id. July 17 will see the market closed for Muharram, the sole trading off day in the month. In August, Independence Day on the 15th will prompt market closure.
In the previous session, the benchmark equity indices Sensex and Nifty closed in the red for the third consecutive day amid weak global trends and fears of escalating tensions in West Asia. The Sensex tanked 456.10 points or 0.62 per cent to settle at 72,943.68, and the Nifty declined 124.60 points or 0.56 per cent to finish at 22,147.90.
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