3 hrs ago
NSE, BSE to Remain Closed on September 14
India’s two main stock exchanges will be closed on September 14 because it is a market holiday.
Before the holiday, stocks had a difficult Friday.
The Sensex fell slightly and ended at 74,781.76.
The Nifty also fell and closed at 23,398.10.
Both indexes had dropped more during the day but recovered much of those losses.
Some companies, including Dr Reddy’s Laboratories and HDFC Bank, gained.
JSW Steel and Hindalco Industries were among the biggest losers.
Analysts said the Nifty may find support near 23,230.
They also said 23,600–23,620 could be a difficult level for the index to cross.
The National Stock Exchange and Bombay Stock Exchange will remain closed on September 14 for a market holiday.
On Friday, the BSE Sensex fell 120.83 points, or 0.16%, to close at 74,781.76.
The Nifty declined 79.70 points, or 0.34%, to settle at 23,398.10.
The Sensex and Nifty recovered sharply from their intraday lows despite ending lower.
SBI Securities identified 23,250–23,230 as support and 23,600–23,620 as an immediate resistance zone for the Nifty.
- Who
- The National Stock Exchange, Bombay Stock Exchange, investors, and companies included in the market indexes.
- What
- The NSE and BSE will remain closed on September 14 after the benchmark indexes ended lower in the preceding Friday session.
- Where
- India’s stock market exchanges.
- When
- The market holiday is on September 14; the reported market session took place on Friday.
- Why
- The exchanges are closed because September 14 is designated as a market holiday; the articles do not specify the holiday’s underlying reason.
Key facts
- Market holiday
- NSE and BSE will remain closed on September 14.
- Sensex close
- 74,781.76, down 120.83 points or 0.16%.
- Nifty close
- 23,398.10, down 79.70 points or 0.34%.
- Sensex intraday recovery
- The Sensex recovered 621.60 points from its low of 74,160.16.
- Nifty intraday recovery
- The Nifty recovered 166.70 points from its low of 23,231.40.
- Nifty support
- 23,250–23,230, according to SBI Securities’ Shah.
- Nifty resistance
- 23,600–23,620, with a move above that range potentially opening a path toward 23,800.
Sources
Related news
Sensex Eyes 75,200 as Nifty Faces 23,500 Test
Indian Markets Seen Opening Higher Despite Bearish Technical Signals
Indian Stocks Seen Flat to Lower Amid Weak Global Cues
Indian Stocks Expected Flat-to-Negative Amid Weak Global Cues
Indian Stocks Face Weak Starts as Technical Risks Increase
Indian Stocks Seen Opening Higher After Nifty Rebound
Jefferies Sees Indian Financial Stocks Rebounding, Names Ten Buys
Tata Group Stocks May Rise After RBI Rejects Deregistration
Flexicap Funds Rotate ₹30,379 Crore Across Stocks in August
Crude Tops $100 as RBI Rate-Hike Pressure Intensifies
