Stock market closed on account of Dussehra holiday

ANI
08 Oct 2019, 15:18 GMT+10

Mumbai (Maharashtra) [India], Oct 8 (ANI): BSE Limited and the National Stock Exchange of India were shut for trading on Tuesday on account of Dussehra, also known as Vijayadashami, a major Hindu festival celebrated at the end of Navaratri every year across the country.

Wholesale commodity markets, including metal and bullion, were also closed. There was no trading activity on forex and commodity futures markets as well.

Trading activity will resume on October 9.

On Monday, the stock market fell for the sixth consecutive session as selling pressure built up in the closing hour. Except for media and private bank, all sectoral indices at the National Stock Exchange were in the red.

Amid economic slowdown and uncertainty in the financial sector, investors are expected to keep their bets low in coming days while awaiting second quarter (July to September) corporate earning results which will start pouring in later in this week.

Meanwhile, Asian shares inched up on Tuesday though traders remained cautious over US-China trade talks after US President Donald Trump said a quick trade deal was unlikely.

Japan's Nikkei climbed 1 per cent while MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.73 per cent, led by gains in technology shares in South Korea and Taiwan. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Europe Sun.

More Information

6 ℃

Fair in Istanbul/Ataturk

International

Section

Racial minorities get behind Sanders in Nevada

TEHRAN (Tasnim) - Sen. Bernie Sanders (I-Vt.) posted a decisive victory in the Nevada caucuses Saturday, cementing his status as ...

Guterres criticizes war in Syria, demands political resolution

NEW YORK, New York - The head of the United Nations has issued a blunt message to warring parties in ...

Haitian leaders called on to reverse country's downfall

NEW YORK, New York - Leaders in Haiti must step up and end the political impasse between President Jovenel Mose ...

Delving in among the smoke and mirrors of the Pell case

Compound Probability and the CrownIn his appeal to the Intermediate Court, Bret Walker referred to 13 solid obstacles that pointed ...

Bayrob hackers infected 400,000 computers before being taken down

The hackers were like modern-day John Dillingers, brazenly committing their crimes and repeatedly escaping law enforcement's grasp.But like Dillinger and ...

Upbeat Chinese FM says virus control efforts 'are working'

China's efforts to control the deadly outbreak of a new coronavirus "are working", Beijing's top diplomat said Thursday, attributing an ...

Business

Section