Bombay Stock Exchange (BSE) and National Exchange (NSE) are closed on November 15 on the occasion of Guru Nanak Jayanti. There is no trading activity in the equity segment, equity derivatives segment and SLB segment on Friday. Today is a holiday in banks also. However, online banking services will remain available as before. Trading in the currency derivatives segment in the Indian stock market will also remain suspended. In the commodity derivatives segment and electronic gold receipts (EGR) segment, trading will be suspended from 9:00 am to 5:00 pm and will resume at 5:00 pm, Livemint reported. That means today there will be no action on MCX (Multi Commodity Exchange) and NCDEX (National Commodity Exchange) from 9:00 am to 5:00 pm.
When will the markets be closed in November-December?
According to the news, due to holidays this week remained short for the stock market. According to the list of stock market holidays in the year 2024, the Indian stock market will be closed on three working days in November – Diwali on 1 November 2024, Guru Nanak Jayanti on 15 November 2024 and Maharashtra Assembly general elections on 20 November 2024. Subsequently, in December 2024, there will be a stock market holiday, which will fall on Christmas, December 25, 2024.
Investors’ capital decreased by Rs 13 lakh crore
Investors’ capital has declined by Rs 13 lakh crore due to two consecutive days of decline in BSE Sensex on Thursday. During this period the Sensex has fallen by more than two percent. BSE Sensex has fallen 1,805.2 points in two days. On Wednesday it fell 984.23 points to close at 77,690.95. The market capitalization of BSE listed companies declined by Rs 13,07,898.47 crore to Rs 4,29,46,189.52 crore in two days.
The stock market fell as retail inflation rose to a 14-month high in October and selling by foreign institutional investors (FIIs) continued. Also, there was selling in major stocks like HDFC Bank, Reliance Industries as the quarterly results of the companies were weaker than expected. Investor sentiment was also affected by the weak trend in the US and other Asian markets.
