Business
Indian Stock Market Closed Today for Bakri Eid 2024
Indian stock market exchanges BSE and the National Stock Exchange (NSE) are closed today on account of Eid ul-Adha 2024. All the segments, including equity, derivatives, and SLB will remain shut today for Bakri Eid.
The equity trading in the Indian share market will resume on Tuesday, June 18.
Moreover, the commodities trading on the Multi Commodity Exchange of India Limited (MCX) will be closed for the morning session today. It will open for the evening session from 5:00 PM to 11:55 PM.
Asian-Pacific markets opened lower on Monday morning as investors awaited key economic data from China. Japan’s Nikkei 225 index dropped by 2.17 per cent, while the broader Topix index mirrored a similar decline of 1.89 per cent. South Korea’s Kospi was trading flat, with the small-cap Kosdaq showing a slight uptrend of 0.13 per cent. Australia’s S&P/ASX 200 saw a decline of 0.11 per cent.
Prior to the holiday on June 14, 2024, the BSE Sensex and the Nifty 50 showed resilience despite a cautious start. The Sensex gained 181.87 points or 0.24 per cent, closing at 76,992.77, while the Nifty 50 ended at 23,465.60, up by 66.70 points or 0.29 per cent.
Investors are expected to shift their attention towards global trends and the trading activities of foreign investors for market cues. Movements in the global oil benchmark, Brent crude, as well as fluctuations in the rupee-dollar exchange rate, are anticipated to guide market direction.
In 2024, the BSE listed 14 holidays for the equity, equity derivatives, and SLB segments.
The markets were closed on various dates throughout the year, including Republic Day, Holi, Good Friday, Maharashtra Day, Independence Day, Diwali, Gurunanak Jayanti, and Christmas among others.
