Stock market closed on account of Dussehra holiday

ANI
08 Oct 2019, 15:18 GMT+10

Mumbai (Maharashtra) [India], Oct 8 (ANI): BSE Limited and the National Stock Exchange of India were shut for trading on Tuesday on account of Dussehra, also known as Vijayadashami, a major Hindu festival celebrated at the end of Navaratri every year across the country.

Wholesale commodity markets, including metal and bullion, were also closed. There was no trading activity on forex and commodity futures markets as well.

Trading activity will resume on October 9.

On Monday, the stock market fell for the sixth consecutive session as selling pressure built up in the closing hour. Except for media and private bank, all sectoral indices at the National Stock Exchange were in the red.

Amid economic slowdown and uncertainty in the financial sector, investors are expected to keep their bets low in coming days while awaiting second quarter (July to September) corporate earning results which will start pouring in later in this week.

Meanwhile, Asian shares inched up on Tuesday though traders remained cautious over US-China trade talks after US President Donald Trump said a quick trade deal was unlikely.

Japan's Nikkei climbed 1 per cent while MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.73 per cent, led by gains in technology shares in South Korea and Taiwan. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Manufacturing Mirror.

More Information

31 ℃

Partly Cloudy in Seletar

Small Business

Section

Hub for technology-based startups to be developed in Philippines

NEGROS ORIENTAL, Feb. 19 (PIA) - Silliman University (SU) and Ubix Corporation inked on Monday a deed of donation and ...

Shatrughan Sinha attends wedding function in Lahore

Lahore [Pakistan], Feb 22 (ANI): Actor-turned-politician Shatrughan Sinha once again was spotted attending a wedding function in Lahore. He was ...

PRO 6 director lays out marching orders for new ICPO head

ILOILO CITY, Feb. 21 (PIA6) - - The Police Regional Office 6 directs newly assumed Iloilo City top cop to ...

Israeli PM: Trump Peace Plan to Go Forth Even if Democrat Elected

Israeli Prime Minister Benjamin Netanyahu says even if a Democrat is elected president in November, Donald Trump's Mideast peace plan ...

Turkey's Erdogan 'Determined to Transform Idlib Into a Safe Place'

AMMAN - Less than a day after Russian warplanes continued their bombing campaign in northwest Syria, Turkish President Recep Tayyip ...

Swiss indict PSG boss, ex-FIFA number two in bribery case

Geneva - Paris Saint-Germain chief Nasser Al-Khelaifi and FIFA's disgraced former secretary general Jerome Valcke have been indicted in Switzerland ...