Stock market closed on account of Dussehra holiday

ANI
08 Oct 2019, 10:48 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

null in null

Small Business

Section

India's "buffering" ended with Congress: Union Minister Scindia hits back at Kharge over his criticism of Digital India mission

New Delhi [India], July 2 (ANI): Union Minister of Communications Jyotiraditya Scindia slammed Congress President Mallikarjun Kharge...

Uttarakhand: Govt prepares for Kanwar Yatra, monitors food safety

Dehradun (Uttarakhand) [India], July 2 (ANI): Under the leadership of Chief Minister Pushkar Singh Dhami and Health Minister Dhan Singh...

BJP's Pradeep Bhandari lauds 10 years of Digital India, accuses INDIA bloc of corruption, nepotism

New Delhi [India], July 1 (ANI): As the Digital India Mission completed 10 years on Tuesday, BJP leader Pradeep Bhandari drew contrast...

India's digital decade, next 10 years will be more transformative: PM Modi

New Delhi [India], July 1 (ANI): Prime Minister Narendra Modi shared a blog titled 'A Decade of Digital India' on his official LinkedIn...

"Not merely a govt program, it has become a people's movement": PM Modi reflects on 10 years of Digital India

New Delhi [India], July 1 (ANI): Prime Minister Narendra Modi on Tuesday shared a detailed reflection on the completion of 10 years...

UAE-funded maternity clinics bringing hope to Afghan families

Jalalabad [ Afghanistan], June 30 (ANI/WAM): The UAE-funded maternity clinics are bringing hope to Afghan families. In Jalalabad, Nangarhar...

Automotive

Section