Dalelorenzo's GDI Blog
31Mar/210

Is the stock market closed on Monday?

NEW DELHI: The domestic equity market, along with currency and alliance sells, will be shut on Monday on account of Holi. At the commodities exchange, trading will be shut in the first half, exclusively to resume for the night time from 5 pm to 11.30 pm.The fund and money markets will now resume normal craft on Tuesday. On Friday, Wall Street assets surged in the second half an hour of commerce, lifting the three key indices by over one per cent. The S& P500 Index and Dow Jones eked out record closing highs.The Dow Jones Industrial Average Indicator clambered 453 degrees, or 1.39 per cent of the children, to 33,072. The S& P500 index gained 65.02 details, or 1.66 per cent, to 3,974 while Nasdaq Composite contributed 161 degrees, or 1.24 per cent of the children, to 13,138. The strong close for US stocks would influence Asian and European business on Monday. But since the Indian market will be shut for the day, it would react to the global progress simply on Tuesday.Tuesday's session will too consider the listing of Rakesh Jhunjhunwala-backed Nazara Technologies broth. The question, which was sold in the Rs 1,100 -1, 101 toll clique, viewed great response with 176 occasions subscription.To be sure, Monday isn't the only market holiday this truncated week. The week will have another holiday on Friday on account of Good Friday. "Next week would be a truncated one for Indian marketsdue to a couple of bank holidays, hence the buyers would watch the world-wide clues closely and have standings accordingly. Given the likelihood of high volatility continuing in the market for some time, investors would do well by stay appease and gradually accruing good quality companionships on descends in the market, " said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Business.

Read more: economictimes.indiatimes.com