Is the stock market closed today? BSE, NSE to stay closed for the next 4 days; Know Details

Stock Market Holidays: BSE and NSE Stock Exchange will be closed for four consecutive days starting Thursday according to the 2022 stock market holiday list, available on the BSE and NSE official website. Equity, currencies and derivative markets will be closed to trade on Thursday and Friday, April 14-15 on the occasion of Mahavir Jayanti and Friday Agung, marking a rare four-day trade hiatus if we enter weekends that follow.

However, the commodity market will only be closed for the morning session on Thursday and will be closed for both sessions on Friday. On Saturday (April 16) and Sunday (April 17), the stock market will remain closed due to ordinary weekly holidays. The market will continue trading on Monday, April 18.

Meanwhile, equity benchmarks destroyed the initial and lower profit for the third consecutive day on Wednesday, with Sensex fell more than 237 points, withdrawn by HDFC twins in the midst of persistent foreign funds and a persistent global trend.

Apart from the strong opening, Sensex failed to maintain momentum and fell 237.44 points or 0.41 percent to 58,338.93. During the day, he recorded 285.14 points or 0.48 percent to 58,291.23.

Providing Round-Up that Sunday, Sameet Chavan, Head of Analyst-Technical and Derivatives, Angel One Ltd., said: “Even though last Friday was promising, our market began Sunday on Monday because of a warm note due to slow global cues. On the day Same, nifty is consolidated for the main part with a little weakness to close below 17,700. However, the next day, we witnessed the opening of a decent gap on the back of some nervousness seen in the global market. Even though the damage is limited to most, individual stocks seeing orders Decent profit so far. The similar-bound-bound session was observed on Wednesday to conclude the truncated week with almost 2 percent losing a little below the sign of 17,500. “

“It is of course a little challenging for our market and obviously, because of a long gap, market participants choose to take money from the table and do not bring aggressive trade. Now if we look at a glance on the daily time frame chart, we can see nifty placed at a crucial point . Pertama, dukungan sakrals dari ’20-hari EMA ‘diposisikan pada 17450 yang bertepatan dengan titik breakout dari zona kemacetan sebelumnya. Karenanya sampai saat itu, Nifty memegang 17400 – 17200, kami tetap sedikit berharap beberapa pemulihan di sini. Kami berharap tidak ada penyimpangan in front of the global in the coming days and profitable signals will definitely be a cherry on the cake. On the upper side, 17700 followed by 17850 is a level that must be considered. If nifty must regain strength, it is necessary to exceed this obstacle with the authority, “Chavan added.

The impact of high commodity prices has begun to emerge in CPI inflation molds and force RBI’s hands to reduce accommodation and open the way for a higher level starting from June. More stringent financial conditions are not profitable for medium & small hat assessments and prospects supporting defensive posture for portfolios, analysts said.

Also, trading in the market regulated by the Reserve Bank of India (RBI) will start at 9:00 a.m. and so on from April 18, with the recovery of pre-pandemic trading timings. At present, the market is open at 10:00 a.m.

Trade hours for various markets regulated by the RBI were changed on April 7, 2020, after the Pandemic Coronavirus which resulted in operational dislocation and an increase in the level of health risk. Then, with the easing of operational constraints, the trade hours were partially restored with the effect of November 9, 2020.