Business

Indian Stock Markets Closed On Diwali-Balipratipada; Trading To Resume Wednesday

Indian stock markets remained closed on Tuesday, November 10, on account of Diwali-Balipratipada, suspending trading across equity, equity derivatives, securities lending and borrowing (SLB), and currency derivatives segments.

Trading on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will resume on Wednesday, November 11.

Meanwhile, the Multi-Commodity Exchange (MCX) remained closed during the morning session from 9 AM to 5 PM. Commodity trading will resume in the evening session from 5 PM to 11:30 PM or 11:55 PM, depending on the commodity.

Stock exchanges will observe two more trading holidays this year. Markets will remain closed on November 24 for Prakash Gurpurb Sri Guru Nanak Dev and December 25 for Christmas.

In the previous session on Monday, November 9, domestic benchmark indices ended higher. The BSE Sensex gained 107.25 points, or 0.13 per cent, to settle at 81,106.65. The index touched an intraday high of 81,339.41 and a low of 80,519.31.

The NSE Nifty 50 advanced 58.25 points, or 0.23 per cent, to close at 25,044.65. During the session, it touched a high of 25,084.05 and a low of 24,838.75.

Sectoral indices largely traded in positive territory, with Nifty PSU Bank leading the gains at 3.73 per cent.

Healthcare and pharmaceutical stocks also attracted buying interest. Nifty MidSmall Healthcare rose 1.71 per cent, while Nifty Pharma gained 1.65 per cent. Nifty Healthcare and Nifty 500 Healthcare advanced 1.33 per cent and 1.30 per cent, respectively.

However, Nifty Cement declined 1.42 per cent, while Nifty IT fell 1.22 per cent.

Also Read: Sensex, Nifty End Higher As PSU Banks; Pharma Stocks Lead Gains

Anamika Agarwala

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