Business · Markets · 6 hrs ago

Indian stock markets close for Diwali-Balipratipada

Indian stock markets close for Diwali-Balipratipada

India’s NSE and BSE are closed on Tuesday for Diwali-Balipratipada.

Trading in shares, equity derivatives and securities lending and borrowing is suspended for the day.

Equity trading resumes Wednesday at 9:15 a.m.

Commodity derivatives trading is also suspended in the morning but returns at 5 p.m.

on Tuesday.

The exchanges close on designated holidays, so the pause is scheduled rather than a response to market conditions.

Investors will next trade shares on Wednesday, while commodity traders can return that evening.

Two further market holidays are scheduled for November 24 and December 25.

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What people are saying

Ajit MishraSenior vice-president of research at Religare Broking
After the sharp rally, some consolidation would be healthy for the market.
via Business Standard