Produced by: Prashun Talukdar Designed by: Mohsin Shaikh
There will be no action on Indian stock exchanges on Monday, December 25, 2023, on account of Christmas. BSE and NSE will be closed for trading. According to the BSE website, there will be no trading in Equity Segment, Equity Derivative Segment and SLB Segment.
Both the leading stock exchanges will remain shut today. This means that, including the weekly Saturday and Sunday holidays, the BSE and NSE will be working for just four days.
The currency markets will also remain shut on Monday. Commodity markets will also remain closed on Tuesday. For the commodity derivative segment, trading will be closed in the morning as well as in the evening sessions.
India's first listed exchange, Multi Commodity Exchange of India Limited (MCX), will also remain closed for trading in the morning and evening sessions.
Trading in the equity, derivatives, securities lending and borrowing (SLB), and currency derivative segments on bourses BSE and NSE, along with the forex market, will resume on Tuesday, December 26, 2023.
In 2023, there were 15 trading holidays for equity, equity derivatives, and SLB segments.
BSE has listed 14 holidays for equity, equity derivatives, and SLB segments for 2024. These holidays will be on Republic Day (January 26), Mahashivratri (March 8), Holi (March 25), Good Friday (March 29), Id-Ul-Fitr (Ramzan Id) (April 11), Ram Navami (April 17), Maharashtra Day (May 1), Bakri Id (June 17), Muharram (July 17), Independence Day (August 15), Mahatma Gandhi Jayanti (October 2), Diwali (Laxmi Pujan) (November 1), Gurunanak Jayanti (November 15) and Christmas.
Nifty and Sensex ended higher on Friday (December 22). The 30-share BSE Sensex pack rose 242 points or 0.34% to settle at 71,107, while the broader NSE Nifty index moved 94 points or 0.44% up to close at 21,349.
"Lower-end support for Nifty is positioned at 21,200, presenting a buying opportunity on any dips. Sustaining above 21,300 could pave the way for further upside momentum, targeting the 21,500 level," said Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities.
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