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The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on March 14 in observance of Holi. Trading in equities, derivatives, SLBs, currency derivatives, and interest rate derivatives will remain suspended for the day.
The commodity derivatives segment will also be shut during the morning session from 9:00 am to 5:00 pm but will remain open during the evening session from 5:00 pm to 11:55 pm.
Normal trading activity on both the BSE and NSE will resume on Monday, March 17.
On March 13, benchmark indices ended lower after a volatile session. The Nifty slipped below the 22,400 mark, despite encouraging data on industrial production and retail inflation. The indices concluded the week nearly one percent lower.
The Sensex declined by 200.85 points (0.27%) to close at 73,828.91, while the Nifty dropped 73.30 points (0.33%) to settle at 22,397.20. Both BSE Midcap and Smallcap indices fell by 0.7%.
Sector-wise, auto, IT, metal, media, and realty indices fell between 0.5% and 1%. In contrast, the PSU Bank index saw a 0.5% gain. The Indian rupee strengthened by 21 paise to close at 87 per dollar on Thursday, compared to 87.21 on Wednesday.
Apart from the Holi break, markets will remain shut again on March 31 (Monday) for Id-Ul-Fitr.
Upcoming stock market holidays
April: Shri Mahavir Jayanti on April 10 (Thursday), Dr. Baba Saheb Ambedkar Jayanti on April 14 (Monday), and Good Friday on April 18 (Friday).
May: Maharashtra Day on May 1 (Thursday), marking the end of the first half of the year’s market holidays.
