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The Indian stock market will remain closed on April 7, 2023, on account of Good Friday. The market will reopen on April 10, Monday next week. This information was shared by the Bombay Stock Exchange (BSE) website.
The market has closed today due to Good Friday, a religious holiday observed by Christians worldwide. The trading will remain suspended on all exchanges, including the National Stock Exchange (NSE).
According to the list of trading holidays on the website of BSE, apart from today’s holiday, the stock market will remain closed for ten more days in 2023.
The markets remained closed on April 4 on the occasion of Mahavir Jayanti. On April 14, markets will remain closed due to Ambedkar Jayanti. There may be a trading holiday on May 1 on the occasion of Maharashtra Day. On June 28, the markets will remain closed on account of Bakri Id.
The next stock market holiday will be on August 15, on account of Independence Day. On September 19 for Ganesh Chaturthi. On October 2 for Gandhi Jayanti and on October 24 for Dussehra. On November 14 and November 27, the markets will be closed to celebrate Diwali, Balipratipada and Gurunanak Jayanti. In December, the markets will be closed on the 25th on account of Christmas.
Moving on to the stock market news, on Thursday, the domestic benchmarks extended their gains for the fifth straight session despite global volatility. The BSE Sensex pack added 143.66 points, or 0.24 per cent, to settle at 59,832.97. The NSE NIfty index moved 42 points, or 0.24 per cent, higher to close at 17,599. Mid and smallcap shares finished higher with the Nifty Midcap 100 going up 0.64 per cent and Nifty Smallcap 100 moving up by 0.78 per cent.
While Nifty IT, Nifty Consumer Durables, and Nifty FMCG settled in the red, 12 out of the 15 sectoral indices on NSE settled in the green. The RBI’s decision to keep the repo rate unchanged supported the domestic benchmarks’ gains despite global volatility.
In summary, the Indian stock market will remain closed on April 7, 2023, due to Good Friday, and will reopen on April 10. Apart from today’s holiday, the stock market will remain closed for ten more days in 2023, according to the list of trading holidays on the website of BSE. The market will be closed on several occasions due to various festivals and events. Despite global volatility, the domestic benchmarks extended their gains for the fifth straight session on Thursday.