Last Updated: May 01, 2023, 08:20 IST
Sensex closed for buying and selling at present?
As per the listing of inventory market holidays in May 2023, buying and selling on BSE and NSE will stay closed for whole Monday session
Stock Market Holiday Today: Indian inventory and commodity markets will stay shut at present, May 1 on account of Maharashtra Day. This means, there can be no buying and selling exercise going down on the Indian inventory market at present. As per the listing of inventory market holidays in May 2023, buying and selling on BSE and NSE will stay closed for whole Monday session i.e. on 1st May 2023.
As per the listing of inventory market holidays 2023, which is out there on the official web site of BSE — bseindia.com — there can be no motion in Equity Segment, Equity Derivative Segment and SLB Segment at present. Trading at Currency Derivatives Segments can even stay suspended on the Indian inventory market at present for Maharashtra Day celebration.
Since it’s additionally a settlement vacation, the commodity account stability on May 1 won’t embody the credit from earnings (realized and marked to market) from trades or positions in commodity derivatives and in addition credit from exiting possibility positions on April 28.
In Commodity Derivatives Segment and Electronic Gold Receipts (EGR) Segment, buying and selling will stay suspended in morning session i.e. from 9:00 AM to 5:00 PM however it would resume in night session at 5:00 PM. This means, there can be no motion on MCX (Multi Commodity Exchange) and NCDEX (National Commodity Exchange) from morning 9:00AM to 5:00 PM.
In your complete calendar yr, the markets have 15 annual holidays in 2023, two greater than final yr.
Stock market holidays in May 2023
As per the listing of inventory market holidays falling within the month of May, there can be only one buying and selling vacation falling in May and at present is the day when there can be no motion at NSE and BSE. After this, subsequent inventory market vacation will fall on twenty eighth June 2023 for Bakri Id celebration.
After Bakri Id, there can be no inventory market vacation within the month of July this yr as subsequent inventory market vacation after Bakri Id would fall on fifteenth August 2023 for Independence Day celebration.
Stock market timing
On regular days, Indian inventory market opens at 9:15 AM and buying and selling actions at NSE and BSE continues until 3:30 PM. Pre-open session begins at morning 9:00 AM and it finish after quarter-hour at 9:15 AM.
Benchmark indices have reversed the development final week by gaining over 2% and analysts count on the interim rally to proceed going ahead as traders monitor fourth-quarter outcomes and international developments.
ICICI Direct stated the present rally from March lows is now the most important when it comes to magnitude in 5 months and consequently, the index has logged a breakout from 4 month’s falling channel, indicating resumption of uptrend.
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