Eid-Ul-Fitr: Indian Stock Markets Shut, Resume On Friday

On the auspicious occasion of Eid, Indian stock markets are shut on Thursday. The normal trading activities for the NSE and the BSE will resume on Friday.

After a small drop on Tuesday, Indian stock indices went up again on Wednesday.

Earlier on Wednesday, the NSE Nifty 50, rose by 0.49% to reach 22,753.80 points.

The BSE Sensex, driven by gains in metal and energy sector stocks, increased by 0.47% to settle at 75,038.15 points.

Vedanta, United Spirits, Interglobe Aviation, Coal India, BPCL, Trent, PNB, and Kotak Mahindra Bank were the top gainers.

Among the laggards were Info Edge (India), HDFC Life Insurance, Cipla, Divi’s Labs, Maruki Suzuki, and Shree Cement.

In Asian markets, Tokyo, South Korea, and Shanghai closed lower, while Hong Kong ended higher. European stocks were trading in positive territory.

Indian stocks however continued to go up last week, which was the first week of the new financial year that began on 1 April.

Meanwhile, the upcoming stock market holidays are on 17 April for Shri Ram Navami and 1 May for Maharashtra Day.

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