Trading in the stock market, currency market and derivatives market will be closed for the next four days due to reading on Saturday and Sunday right after these two holidays.
The National Stock Exchange of India (NSE) and BSE will be closed on April 14 on the occasion of Ambedkar Jayanti and on April 15 on Good Friday. Also there will be no transaction in the whole sales product market including metals and bullion. In addition, there will be no trading activity in Forex (Money Market) and Commodity Futures.
We would like to inform you that yesterday, Wednesday, April 13, was the third consecutive day of sell-off in the Indian market. Inflationary concerns have weighed on the market. At the close of trading, the Sensex was down 237.44 points, or 0.41 percent, at 58,338.93. The Nifty, on the other hand, lost 54.65 points, or 0.31 percent, to close at 17,475.65.
Speaking of market movements throughout the week, this weekend, the Sensex and Nifty fell 1.8 percent (1,108.25 points) and 1.7 percent (308.65 points), respectively.
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As such, trading in the stock market, currency market and derivatives market will be closed for the next 4 days due to fall just after these two holidays on Saturday and Sunday. In fact, Mahabir Jayanti is celebrated on Thursday 14th February, due to which the markets will be closed. On the other hand, the market will be closed on Friday, April 15 due to Good Friday. Besides, 15th and 16th April are Saturdays and Sundays. In this case, the market will be closed for two days. Thus, the stock market, currency market and derivatives market will be closed for the next 4 days. All three markets will now open for business on Monday, April 18th.
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