The Indian stock exchanges, the National Stock Exchange and the BSE, will be closed for two days next week because to two significant holidays.
Due to the Holi festival, the financial markets will be closed on Monday, March 25. On Friday, March 29, a holiday will also be observed in observance of the Christian feast day, Good Friday.
The second Holi holiday of the month falls about two weeks after the markets were closed on March 8 in observance of Mahashivrati.
Monday to Friday, 9:15 a.m. to 3:30 p.m. is when the Indian stock market is open for business.
According to the official calendar, 15 holidays have been announced for all months of the year, except February and September.
Two holidays will be observed this month: on April 11 for Eid-Ul-Fitr (Ramadan Eid), and on April 17 for Shri Ram Navmi.
Stock Market Performance on March 22
Friday marked the third straight day that benchmark equity indices, Sensex and Nifty, closed higher due to increases in index giants, L&T, ITC, and Maruti. The historic surge in US markets following the Federal Reserve’s announcement of three rate cuts this year also contributed to the development.
The 30-share BSE Sensex ended the day at 72,831.94, up 190.75 points, or 0.26 percent. The NSE Nifty reached 22,096.75, up 84.80 points or 0.39 percent.
