Share Market Holiday: Guru Nanak Ji’s birth anniversary is being celebrated across the country on Wednesday, 5th November. People of Sikh community celebrate it as Prakash Parv. Holidays have been announced in banks, schools, colleges and government offices in many cities of the country on the occasion of Guru Nanak Jayanti. In such a situation, there is confusion in the minds of many people regarding the stock market that the stock market is not open today. Let us know that today is not a holiday for the stock market.

Is the stock market open today?

Indian stock market will remain closed on Wednesday. There is a holiday today in both the major exchanges of the country, BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). That means, there will be no trading in share, derivatives and currency markets today. Talking about the month of November, there is not a single holiday in this month except the weekly holiday. The Indian stock market is closed on 5 November on account of Guru Nanak Jayanti. At the same time, there will be normal trading in the stock market from Thursday 6th November.

Talking about the holiday list of the stock market, there will be no trading in the stock market on 25th December. A holiday has been announced due to Christmas. There is a weekly holiday in the stock market on Saturday and Sunday. No business of any kind is done on this day.

How was the market condition on Tuesday?

There was a huge decline in the Indian stock market on Tuesday. Both the major indexes closed trading in the red. The 30-share BSE Sensex fell 519.34 points or 0.62 percent to close at 83,459.15. At the same time, NSE Nifty ended the trading day at 25,597.65 points with a decline of 165.70 points or 0.64 percent. Market experts believe that the reason behind this decline was the continuous selling by foreign institutional investors (FIIs) and weakness in Asian and European markets which turned the domestic market into red.

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Stock market today: The stock market is seeing a boom on Wednesday for the seventh consecutive day. With the positive signals received in the global market and the return of foreign investors, the Indian stock market is once again bounced. The market is open with an increase in early trade on Wednesday 23 April.

The Sensex is open above 80,000 in early trade. It was seen doing business at around 9.20 am at around 9.20 am at 80,064.34, with an increase of 468.75 points i.e. 0.59 percent. While the Nifty is trading at 24,303.50 with a gain of 136.25 points i.e. 0.56 percent.

Stock market boom on seventh consecutive day

Earlier, on Tuesday, the BSE Sensex climbed 187 points. Foreign institutional investors, ie FII’s capital flow, bank and daily use -making companies, boiled the market. The Sensex based on thirty stocks closed at 79,595.59 points with a gain of 187.09 points, or 0.24 percent, to a 79,595.59 points. During the business, at one time it climbed up to 415.8 points. Whereas, the Nifty of the National Stock Exchange also closed at 24,167.25 points with 41.70 points i.e. 0.17 percent.

Except for IT and energy sectors, most index remained in profit. Realty, FMCG (companies making daily use) and the bank were the fastest. ITC, Hindustan Unilever, Mahindra & Mahindra, HDFC Bank, Internal, Kotak Mahindra, State Bank of India and ICICI Bank were prominent among the Sensex shares.

Positive signs in Asian market

On the other hand, the Asian market also saw a relief fast. The reason for this is a positive signal from Wall Street. This fast has been seen in the Asian market after US President Trump’s possibility that was expressed to reduce business tension with China. Japan’s Nikkei was up 1.58 per cent, while South Korea’s KOSPI increased by 1.12 per cent.

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