Stock market Holiday: BSE, NSE to remain shut on June 29 on account of Bakrid

Stock market Holiday: BSE, NSE to remain shut on June 29 on account of Bakrid

Market Holiday:

The National Stock Exchange of India (NSE) and the BSE will remain shut on June 29 (Thursday) on account of Eid al-Adha (the feast of sacrifice), better known as Bakrid. Earlier, the holiday was scheduled for June 28 (Wednesday).

Wholesale commodity markets, including metal and bullion, will also remain closed. There will be no trading activity in the forex and commodity futures markets either.

The expiry of all existing contracts of Nifty and Nifty Bank contracts will take place on Wednesday, instead of Thursday, while Nifty Midcap derivative contracts will expire on Wednesday, as usual. Contracts for new series will begin from Friday.

A day after ending flat, the Indian benchmark were trading higher on June 27. At 11 am, the Sensex was up 104.32 points, or 0.17 percent, at 63,074.32, and the Nifty was up 27.60 points, or 0.15 percent, at 18,718.80.

Bharti Airtel, Apollo Hospitals, HDFC Life, BPCL and JSW Steel were among the top gainers on the Nifty, while losers included Cipla, UPL, Titan Company, IndusInd Bank and Sun Pharma.

All the sectoral indices were trading in the green, with the realty index up 1 percent. The BSE midcap and smallcap indices were up 0.5 percent each.

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