Trading
Is stock market shut on Ambedkar Jayanti? Check BSE, NSE holiday details
Mumbai/IBNS: Trading in the Indian stock market remained shut on Tuesday as both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) observed the holiday of Ambedkar Jayanti.
All segments — including equity, equity derivatives, securities lending and borrowing (SLBs), currency derivatives and interest rate derivatives — remained closed across both exchanges.
The commodity derivatives segment, however, was shut only for the morning session (9 am–5 pm) and will reopen for the evening session (5 pm–11:30/11:55 pm), according to reports.
Markets slide amid global tensions
On Monday, Indian benchmark indices witnessed a sharp sell-off, with the BSE Sensex plunging over 1,500 points during intra-day trade before trimming losses to close over 700 points lower.
The NSE Nifty 50 also ended significantly in the red.
The downturn was driven by rising crude oil prices and weakening hopes of a ceasefire between the United States and Iran, which dampened investor sentiment.
The ongoing West Asia conflict triggered broad-based selling across sectors, weighing heavily on the markets.
US move escalates tensions
Fresh geopolitical concerns emerged after the United States Army announced a blockade of Iranian ports starting Monday.
However, it clarified that transit through the Strait of Hormuz for other countries would not be disrupted, according to media reports.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
