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Showing posts with the label Market Closures

Indian Stock Markets Observe Holiday for Eid Celebrations

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Indian Stock Markets Observe Holiday for Eid Celebrations Indian stock exchanges have closed their doors on Thursday in observance of Eid, with regular trading activities set to resume on Friday. Market Holiday Schedule The next scheduled stock market closures are on April 17 and May 1, in observance of Shri Ram Navami and Maharashtra Day, respectively. Market Performance Following a minor correction on Tuesday, Indian stock indices rebounded on Wednesday, with the benchmark indices Sensex and Nifty each gaining about 0.5 percent. Last week marked a positive start to the new financial year, commencing on April 1. Upcoming Market Trends Investors are eagerly awaiting India's retail inflation data for March, scheduled for release on Friday, as well as heatwave alerts from the weather bureau, which could provide fresh market cues. Inflation Trends India's retail inflation has hovered around the Reserve Bank of India's comfort level of six percent but remains above the ideal sc...