HomeLatestIndian fairness markets closed for Ganesh Chaturthi; Asian shares fall amid West...

Indian fairness markets closed for Ganesh Chaturthi; Asian shares fall amid West Asia tensions

Mumbai (Maharashtra) [India], September 14 (ANI): Indian fairness markets will stay closed on Monday on account of Ganesh Chaturthi, with no buying and selling or settlement going down on the BSE and NSE throughout fairness, derivatives and securities lending and borrowing (SLB) segments.

Trading on each the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will resume on Tuesday, September 15, 2026.

Meanwhile, Asian markets traded largely decrease on Monday amid rising issues over tensions in West Asia and their affect on international power provides.

Japan’s Nikkei 225 declined 0.59 per cent, whereas the broader Topix fell 0.15 per cent. In South Korea, the Kospi dropped 3.45 per cent on the open, whereas the Kosdaq declined 2.30 per cent. Australia’s S&P/ASX 200 remained largely flat.

Markets in mainland China and Hong Kong additionally traded decrease. Hong Kong’s Hang Seng Index fell 0.33 per cent, whereas China’s CSI 300 declined 0.66 per cent. Technology and primary supplies shares led the losses on the Hang Seng, falling 0.82 per cent and 0.80 per cent, respectively.

The weak spot in Asian markets got here amid heightened issues over power provides after Saudi Arabia shut its essential East-West pipeline, which offers another route for transporting oil and bypasses the Strait of Hormuz.

Oil costs rose sharply amid contemporary assaults on Saudi Arabia and vessels within the Gulf area, including to issues over disruptions to international power provides.

Brent crude futures rose 2.6 per cent to USD 107.36 a barrel after gaining practically 9 per cent final week. US crude, often known as West Texas Intermediate (WTI), climbed 2.4 per cent to USD 102.48 a barrel.

At the time of reporting, Brent crude was buying and selling at round USD 107.86 per barrel, whereas US crude was quoted at round USD 103.18 per barrel.

Meanwhile, gold costs declined 0.3 per cent to USD 4,336 an oz as increased bond yields decreased the attraction of the non-interest-bearing asset. The yellow steel was buying and selling at round USD 4,331.20 an oz on the time of reporting. (ANI)

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