Maharashtra Day: Is the stock market closed on Monday?

In the previous week marked by heightened activity in the IPO space and increased volatility, equity indices saw marginal declines following seven consecutive weeks of gains. Foreign investors, meanwhile, maintained a net selling stance throughout the past week, divesting over Rs 6,000 crore.

The multi-commodity exchange will also be closed for the first half but will remain open for the evening session from 5:00 pm. Trade settlements will also be closed on Tuesday. The settlement holiday means that the commodity account balance of investors on November 14 will not include the credits from profits on trades or positions in commodity derivatives on November 13 and credits from exiting option positions on November 13.

Indian benchmark indices stayed in a narrow range amid US debt deal negotiations and remained flat for the week. However, the broader markets outperformed, with about 20 smallcap stocks returning 20-40% weekly. Analysts remain positive about the market and see benchmark indices hitting fresh lifetime highs. The upcoming Reserve Bank of India meeting and Federal Reserve meeting will determine the momentum of indices, with all eyes on the RBI's policy meeting from June 6-8. Additionally, the US's composite services PMI and trade data and the IPO of IKIO Lighting, among other data points, will impact the market.

Equity markets would be mainly driven by global trends and foreign fund trading activity in the holidayshortened week analysts said

Mumbai (Maharashtra) [India], August 10 (ANI): The stock market in the upcoming week will be looking at global happenings such as international market performance, anticipations of recession in the US, and domestic macroeconomic indicators such as IIP, CPI, and WPI inflation data, said market analysts. The market will be closely looking at the conclusion of […]

Equity markets will remain closed on two occasions in April, once each in May, June, July, August, October, December, and twice in November. November 1, Friday will be Diwali (Laxmi Pujan) and Muhurat Trading will be conducted by the exchanges, the timings for which will be notified later.

India Business News: NEW DELHI: The Reserve Bank of India's interest rate decision, macroeconomic data and global trends will drive investors' sentiment this week, with ma.

Closer home, high inflation, led by food presents another challenge to the markets. With the Rabi crop already affected, the worry now is that El Nino would damage prospects of Kharif sowing too.

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