The stock market will remain closed for next
four days, starting from Thursday (April 14) to Sunday (April 17). The next
trading session of the market will start on Monday, April 18.
The trading on both indexes of the stock market – Bombay
Stock Exchange (BSE) Sensex and National Stock Exchange (NSE) Nifty will be
closed on account of Mahavir Jayanti, Dr. Baba Saheb Ambedkar Jayanti and Good
Friday.
Dr. Baba Saheb Ambedkar Jayanti and Mahavir Jayanti will
fall on April 14, while Good Friday is on April 15.
Due to holidays, there will be no trading in the Equity, Derivative, and SLB segments on these dates.
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On Saturday and Sunday, the share market will remain
closed because of regular weekly holidays. This year NSE and BSE have a total
of 13 days off apart from the weekly holidays.
In addition, trading in markets regulated by the Reserve Bank of India (RBI) will start from 9:00 am onwards from April 18, with the restoration of pre-pandemic trading timings. Currently, the markets open at 10:00 am.
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The trading timings for the markets regulated by RBI were changed on April 7, 2020, in the wake of the coronavirus pandemic that had resulted in operational dislocations and increased levels of health risks. Later, with the relaxation of operational constraints, the trading hours were partially restored with effect from November 9, 2020.
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On Wednesday, the equity benchmark indices closed lower
for the third straight session, with Sensex falling over 237 points, pulled
down by HDFC twins amid persistent foreign outflows and mixed global trends.
Despite a strong opening, the BSE Sensex closed 237.44
points or 0.41% to settle at 58,338.93. Similarly, NSE Nifty closed 54.65
points or 0.31% down at 17,475.65.
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Top gainers from the Sensex pack were – ITC, Sun Pharma,
HUL, SBI, and NTPC. Top losers on the 30-share benchmark were –
HDFC, HDFC Bank, Maruti Suzuki, Dr. Reddy’s Lab, Asian Paint, Power Grid, Bajaj
Finance, Titan, and Kotak Bank.
Among sectors, bank, auto, financials and media stocks
closed in red, while FMCG, pharma and oil & gas settled with gains.