Trading will resume in stock exchanges on May 14, Friday.
On Wednesday, domestic equity benchmarks were on track to register losses for a second straight day amid negative global cues.
Traders speculated surging commodity prices and growing inflationary pressure in the US could lead to earlier rate hikes and higher bond yields globally, which would result in further outflows.
Upcoming data is expected to show that annual inflation in the US likely came in around 3.6 per cent, pushed higher mainly by the base effect, and therefore may not sustain. But if the month-on-month inflation data shows a surge, the dovish Federal Reserve will be forced to take it seriously, said an analyst.
Share Market will remain closed for seven days in May. Therefore, on these Stock Market holidays, trading will not take place. BSE and NSE will remain closed on May 13, on account of Eid-Ul-Fitr
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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Will Stock Market In The USA Stay Open On Patriot s Day, April 19?
Is stock market open on Patriot s day in USA? Know details about whether NYSE, Nasdaq and stock market remains close or open on April 19, Patriot s Day.
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Most Massachusetts citizens and long-distance runners call the third Monday of April as Marathon Monday. Interestingly, another event that takes place on this day is the celebration of Patriot s Day in the USA. It is not a Sunshine State holiday, however, Maine and Wisconsin are the only two states where the holiday is legally observed (although they still celebrate it on April 19). Since it s a holiday at some places, people often question that whether the stock market remains open or closed on this day? Read on to know the details.