Mumbai (Maharashtra) [India], October 22 (ANI): Indian stock markets remained closed on Wednesday on account of the competition vacation of Bali Pratipada.
As per the official NSE vacation calendar, the markets are shut for right this moment, and buying and selling will resume on Thursday.
Bali Pratipada is a vital competition that commemorates the legendary victory of Lord Vishnu’s Vamana avatar over the mighty but virtuous demon king Bali.
The competition symbolizes humility, devotion, and the steadiness of cosmic order, and is taken into account an auspicious day for brand new beginnings and prosperity.
Meanwhile, in different Asian markets, a combined development was seen. Japan’s Nikkei 225 index was down by 0.4 per cent, whereas Singapore’s Straits Times was up by 0.25 per cent. Hong Kong’s Hang Seng index declined by 0.82 per cent, Taiwan’s Weighted Index fell by 0.53 per cent, and South Korea’s KOSPI index gained 0.23 per cent.
Indian buyers will resume buying and selling exercise tomorrow following the mid-week competition break.
Indian benchmark indices ended marginally increased within the particular Muhurat Trading session on Tuesday, with the Nifty closing round 25,900.
While the Sensex and Nifty remained largely flat, broader markets noticed positive factors. The BSE Midcap index rose 0.3 per cent, and the Smallcap index superior 1 per cent.
At the top of the Muhurat buying and selling session, Nifty stood at 25,868.60, up 25.45 factors or 0.10 per cent, whereas Sensex ended at 84,426.34, up 62.97 factors or 0.07 per cent.
Among Nifty shares, high gainers included Cipla, Bajaj Finserv, Axis Bank, Infosys, and M&M. On the flip facet, Kotak Mahindra Bank, ICICI Bank, Bharti Airtel, Max Healthcare, and Asian Paints had been among the many losers.Barring Nifty PSU Banks and Realty, all sectoral indices led to inexperienced, with Nifty Media, Metal, and Pharma being the highest gainers.
The change platforms — Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) — had been open for buying and selling from 1:45 PM to 2:45 PM, marking the start of Samvat 2082. (ANI)