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.
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.
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“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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