India’s forex, debt and fairness markets might be closed on Thursday, April 11, for a vacation.
The inventory market holidays record 2024 states that there might be two inventory market holidays in April 2024; Check full record
Stock market vacation right now: As the complete nation is celebrating Eid-Ul-Fitr or Eid 2024, India’s forex, debt and fairness markets might be closed on Thursday, April 11, for a vacation. Trading in derivatives, equities, SLBs, and forex derivatives, in addition to the rate of interest derivatives phase too will stay shut for the day.
The commodity derivatives phase will stay closed in morning session (9am to 5pm), whereas the night session might be stay open from 5pm to 11.55pm.
Trading will resume on Friday, April 12.
On April 10, the benchmark indices ended larger with the Nifty hitting a contemporary document excessive, and Sensex transferring nearer to its all-time excessive. At shut, the Sensex was up 354.45 factors or 0.47 p.c to 75,038.15, and the Nifty was up 111.00 factors or 0.49 p.c to 22,753.80.
Top gainers on the Nifty included Coal India, BPCL, Kotak Mahindra Bank, ITC and Hindalco Industries, whereas the highest losers had been Cipla, Maruti Suzuki, HDFC Life, Divis Labs and SBI Life Insurance.
Except pharma, all sectoral indices ended within the inexperienced with media, PSU Bank, FMCG, Metal, Oil & Gas up 1-2 p.c every.
The BSE MidCap and SmallCap indices had been up 0.5 p.c every.
“Markets edged higher and gained nearly half a percent in continuation of the prevailing trend. After the initial gap-up move, the Nifty remained range bound for most of the session and finally settled at 22,753.80 levels. The majority of sectors were aligned with the move where FMCG, metal and energy were among the top gainers. The broader indices also edged higher after two days of pause and gained in the range of 0.7-0.9 percent,” mentioned Ajit Mishra, SVP – Technical Research at Religare Broking.
“Rotational buying across sectors combined with stability at the global front is helping the index to inch higher every passing day. We are eyeing the 22,850-23,100 zone in the Nifty ahead and expect the 22,350-22,500 zone to act as a strong support in case of any profit-taking. The beginning of the earnings season would trigger stock-specific volatility ahead, so participants should plan their positions accordingly,” he mentioned.
Stock Market Holidays April
The inventory market holidays record 2024 states that there might be two inventory market holidays in April 2024 and people two commerce holidays are eleventh April 2024 i.e. right now and seventeenth April 2024.
As per the record of inventory market holidays 2024, the subsequent commerce vacation after Eid 2024 falls on seventeenth April 2024 for Ram Navami Festivel. So, subsequent week will; even be a truncated week for the Indian inventory market as buying and selling exercise on NSE and BSE will stay suspended on Wednesday subsequent week. After Ram Navmi 2024, there might be no inventory market holidays falling in April 2024.
Stock Market Holiday in May & June
In May 2024, initially, there was just one inventory market vacation falling on 1st May 2024 for the Maharashtra Day celebration. However, as a result of Lok Sabha election, yet another inventory market vacation has been introduced on twentieth May 2024. So, there might be two inventory market holidays in May 2024.
In June and July additionally, there is only one inventory market vacation. In June 2024, the Indian inventory market will stay closed on the seventeenth day of the month for the Bakdi Eid pageant whereas in July 2024, NSE and BSE will stay closed on the seventeenth date of the month for Muharram.
