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Stock market holiday: NSE, BSE to remain closed today on Ram Navami - CurrencyVeda
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Stock market holiday: NSE, BSE to remain closed today on Ram Navami

Nifty index heads for correction

Because of the Ram Navami festival, which is celebrated all over the country, there will be no trading at the stock market today. According to the official BSE website, bseindia.com, trading on BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) will be closed on Tuesday, March 30, 2023, for the Ram Navmi festival. So, those who aren’t sure if the stock market is open today or not should know that NSE and BSE will not be doing anything today.

The above-mentioned BSE website has information about the stock market holiday for 2023. It says that the Equity Segment, Equity Derivative Segment, and SLB Segment will not be open today. Today, there will also be no trading in the Currency Derivative Segment.

According to the stock market holiday list for 2023, there will be no trading in the Commodity Derivatives Segment and the Electronic Gold Receipts (EGR) Segment today from 9:00 AM to 5:00 PM. But trading will continue in the evening, which will start today at 5:00 PM.

According to the list of stock market holidays in March 2023, this is the second one this month. On March 7, 2023, both BSE and NSE were closed for the Holi holiday.

Stock market holidays in April 2023
There will be three stock market holidays in April. They will be on April 4, April 7, and April 14. According to the list of stock market holidays for April 2023, trading will be stopped on April 4, 2023, for Mahavir Jayanti. On April 7, 2023, the stock market will be closed for Good Friday, and on April 14, 2023, it will be closed for Dr. Baba Saheb Ambedkar Jayanti. The Indian stock market ended higher on Wednesday, following strong global signals. The NSE Nifty went up by 129 points and ended the day at 17,080, while the BSE Sensex jumped by 346 points and ended the day at 57,960. The Nifty Bank index went up by 342 points and ended the day at 39,910. The small-cap index went up by 1.68 percent, and the mid-cap index went up by 1.67 percent. On a F&O expiration day, the cash market volume on the NSE was the highest it had been in 6 months, while the F&O market volume was the lowest it had been in 3 months.

Wednesday, most global stocks went up. Concerns about the banking sector lessened, which made people more willing to take risks, and Alibaba’s plans to split into six units boosted Chinese tech stocks.

Source: Team CurrencyVeda