Stock market holidays: BSE, NSE to remain closed on April 14 & 15 on account of Mahavir Jayanti, Good Friday; trading to resume on April 18
There will be no action on stock exchanges NSE and BSE on Thursday and Friday as the bourses will remain closed on these two days due to stock market holidays
There will be no action on stock exchanges NSE and BSE on Thursday and Friday as the bourses will remain closed on these two days due to stock market holidays. Normal trading will now resume on the exchanges on Monday, April 18.
The stock market will remain closed today (Thursday, April 14) on account of Mahavir Jayanti and Dr Baba Saheb Ambedkar Jayanti, and will see no action on April 15 due to Good Friday, showed BSE stock market holidays list.
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On both days, equity segment, equity derivative segment and SLB segment will witness no trading due to stock market holiday.
As per BSE trading holidays list for 2022, the stock market will remain closed next month on May 3 due to Id-Ul-Fitr (Ramzan Id).
Meanwhile, the Indian markets ended in the red on all three trading sessions in holiday-shortened week. Benchmark Nifty50 closed lower by 0.62%, 0.82% and 0.31% on Monday, Tuesday and Wednesday respectively.
On Wednesday, the Nifty50 dropped more than 50 points to slip below 17,500, while the Sensex declined nearly 250 points to settle around 58,300. Nifty midcap index fell flat, while the small cap index rose 0.19%.
Sectorally, FMCG, metal, oil & gas, pharma and healthcare saw some buying interest in an otherwise weak market, while all other sectors largely trade in negative. Banking and financial stocks were worst hit with HDFC twins leading the drag.
Though the global markets have already factored higher levels of inflation owing to high fuel and food prices, the unfavourable numbers dampened investor sentiments, Vinod Nair, Head of Research at Geojit Financial Services said in his post market comment on Wednesday.
“The ECB policy decision will be closely monitored for direction on how the Central bank plans to balance slowing growth and record-high inflation. With the onset of the earnings season, the market is likely to be buoyed by sector specific momentum,” he added.
"We have a long weekend ahead and markets will react to two major earnings that are Infosys and HDFC bank on Monday, April 18, 2022, said Ajit Mishra, VP - Research, Religare Broking Ltd. He said any major development on the global front in the next four days would also impact the sentiment.
"On the index front, Nifty is currently respecting the first line of defense which is 20 EMA on the daily chart around 17,400 and its breakdown can push the index to the 17,250-zone, said. In case of a rebound, the 17,650-17,750 zone would act as an immediate hurdle. We suggest preferring hedged bets and maintaining a focus on stock selection," he added.
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