Produced by: Prashun Talukdar Designed by: Manoj Kumar
There will be no action on Indian stock exchanges on Monday, November 27, 2023, on account of Diwali Balipratipada. 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 Tuesday. Commodity markets will also remain closed on Tuesday. For the commodity derivative segment, trading will be closed in the morning session but it will be open for the evening session.
India's first listed exchange, Multi Commodity Exchange of India Limited (MCX), will also remain closed for trading in the morning session. Although, the activity will be open for the evening session.
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, November 28, 2023.
BSE has listed 15 holidays for equity, equity derivatives, and SLB segments for 2023. Out of it, 14 holidays have been taken place so far. These were on Republic Day (January 26), Holi (March 7), Ram Navami (March 30), Mahavir Jayanti (April 4), Good Friday (April 7), Ambedkar Jayanti (April 14), Maharashtra Day (May 1), Bakri Id (June 28), Independence Day (August 15), Ganesh Chaturthi (September 19), Mahatma Gandhi Jayanti (October 2), Dussehra (October 24), Diwali Balipratipada (November 14) and Gurunanak Jayanti (November 27).
Only one stock market holiday is remaining this year, which is for Christmas.
In December, bourses will remain closed on the 25th due to Christmas.
Nifty and Sensex ended lower on Friday. The 30-share BSE Sensex pack slipped 48 points or 0.07% to close at 65,970, while the broader NSE Nifty index moved 7 points or 0.04% down to end at 19,795.
Nifty needs to reclaim the 19,889 mark to see any fresh upside while the index has support at 19,471 level, said Prashanth Tapse, Senior VP (Research) at Mehta Equities.