Wednesday, October 4th, 2023

If it is not Saturday-Sunday, then why is the market closed today? Big news for those investing in the Share Market

Photo: File Stock market will not open today

Share Market Holiday: Big news has come for those investing in the stock market. The market has been closed once more this week. This is the first time in the new financial year that two markets have to be closed in one business week. Due to Good Friday, trading in Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain closed till 7 April 2023 i.e. today. This means that there will be no trading in the Indian stock market today. According to the list of stock market holidays 2023 which is available on the official website of BSE There will be no action in Equity Segment, Equity Derivatives Segment and SLB Segment today. Trading in the currency derivatives segment of the Indian stock market will also remain suspended today for the nationwide celebration of Good Friday. Experts say that investors who keep an eye on the market should research other investment options on the days when there is no trading in the market and consider earning more money by investing there.

No action on MCX, NCDEX

Trading in the commodity derivatives segment and the Electronic Gold Receipts (EGR) segment will remain suspended in both the morning and evening sessions. That means there will be no action on MCX (Multi Commodity Exchange) and NCDEX (National Commodity Exchange). Explain that according to the list of stock market holidays in April 2023, there will be three stock market holidays in April 2023. Good Friday is the second stock market holiday this month. Prior to Good Friday 2023, the Indian stock market was closed on 4 April 2023 for Mahavir Jayanti. The next stock market holiday will be on 14th April 2023 on the occasion of Dr. Babasaheb Ambedkar Jayanti.

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boom in the market

The Indian stock market bounced back from its day’s low following the surprise move of RBI to keep the interest rate unchanged after the MPC meeting. The NSE Nifty closed 42 points higher at 17,599 while the BSE Sensex closed 143 points higher at 59,832. The Nifty Bank index closed at 41,041 points with a gain of 41 points. On the other hand, if we talk about the second segment of the market, the mid-cap index rose by 0.71 percent, while the small-cap index registered a decline of 0.70 percent in the last session of the week.

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