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Stock market to remain closed today on account of Ram Navami

NEW DELHI: Equity indices BSE Sensex and NSE Nifty will remain closed today on account of Ram Navami (birth anniversary of Lord Rama). There was no trading in money and bond markets as well as wholesale commodity markets. On Tuesday, equity benchmarks Sensex and Nifty erased early gains to settle with losses for the second day as surging Covid-19 cases and growing localised restrictions continued to dent investor sentiment. Sensex slipped 243.62 points or 0.51 per cent to close the session at 47,705.80. Intra-day, the BSE gauge rose as much as 529 points to touch the day s peak of 48,478.34. Likewise, Nifty climbed over 167 points to reclaim the key 14,500-level during the day, but surrendered all its gains to end at 14,296.40, showing a drop of 63.05 points or 0.44 per cent.

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