Stock markets will be closed for trading on March 30, on account of Ram Navami, which is a bank holiday.
What Happened? According to the BSE website, the equity, derivative, and SLB segments will be closed on Thursday. Trading on the multi-commodity exchange will also be closed during the morning session and will resume at 5 pm for the evening session on the same day.
There will be three market holidays in the next two weeks, including two days in the same week on April 4 and April 7 for Mahavir Jayanti and Good Friday, respectively, when both NSE and BSE will be closed. Markets will also be closed on April 14 for Baba Saheb Ambedkar Jayanti.
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Markets on March 29: Amid reduced concerns over banking turmoil in the United States, benchmark indices closed higher on Wednesday.
BSE Sensex closed 0.6% higher at 57,960.09 and Nifty 50 closed 0.76% higher at 17,080.70.
“After showing a lack of strength to sustain the gains in the last few sessions, Nifty witnessed a sustainable upside movement on Wednesday and closed the day higher by 129 points,” noted Nagaraj Shetti, Technical Research Analyst, HDFC Securities in a statement shared with Benzinga India.
“After opening on a positive note, the market shifted into a range-bound action for the better part of the session. Sharp buying has emerged in the later part and Nifty closed near the highs.”
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