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Stock market holiday: BSE, NSE to remain closed for Ram Navami today Stock Market
Photo credit: File image/Wikimedia Commons

Stock market holiday: BSE, NSE to remain closed for Ram Navami today

India Blooms News Service | @indiablooms | 17 Apr 2024, 10:44 am

Mumbai/IBNS: The Indian stock market -- the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) -- is closed today (Wednesday, Apr 17) on account of Ram Navami, which is celebrated as the birth anniversary of Lord Ram.

Trading in equities, derivatives, SLBs, and currency derivatives, as well as in interest rate derivatives will remain closed for the day.

Meanwhile, the commodity derivatives segment is closed in the morning session - from 9am to 5pm, while it will remain open in the evening session, from 5 pm to 11.55 pm.

Trading on both the BSE and NSE will resume on Wednesday (Apr 18).

The Sensex and the Nifty closed lower for a third straight session on Tuesday (Apr 16), tracking weakness in global markets amid a worsening situation in West Asia, while rising US treasury bond yields, which shot to a five-month high, also weighed on investors' risk appetite.

At close, the Sensex dropped 456.10 points (0.62 percent) at 72,943.68, while the Nifty 50 declined 124.60 points (0.56 percent) at 22,147.90.

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