Indian stock market will remain closed on Monday due to Independence Day so there will be no trading activity today. As per the information available on the official website of BSE, trading on BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) will remain closed for the entire session on Monday i.e. 15th August 2022 as India celebrates 75 years of Independence. .
As per the Holidays 2022 list on the official website of BSE, there will be no action in Equity Segment, Equity Derivatives Segment and SLB Segment today. Meanwhile, trading in the currency derivatives segment and interest rate derivatives segment will also remain suspended today. In the commodity segment, trading will remain suspended in both morning and evening sessions.
It is worth noting that while the market will be open for business on Tuesday, the depositories will remain closed on this day on account of Parsi New Year. Therefore 16 August 2022 is an endowment holiday due to the Parsi New Year. A settlement holiday delays the execution of a transaction in shares for one day.
August will see another stock market holiday Due to the business holiday for Ganesh Chaturthi falling on Wednesday, 31st August, 2022, therefore, trading on NSE and BSE for Ganesh Chaturthi celebrations will remain suspended on 31st August. The trading holidays on BSE and NSE in 2022 will also be on October 5, 24 and 26 and finally on November 8.
Indices extended gains with the benchmark BSE Sensex rising 130 points while the Nifty extended gains for the fifth consecutive session in a range-bound trade on Friday as trade in oil and gas, metal and power stocks rose.
Recovering from its early losses, the 30-share BSE index ended 130 points higher at 59,462, while the NSE Nifty ended 0.2% higher at 17,698. Major indices also posted gains for their fourth straight week as the Sensex rose 1,074 per cent or 1.8% and the Nifty rose 300 points or 1.9% on a weekly basis.
The Indian rupee on Friday edged lower after weekly losses, as a potential one-time dollar outflow pulled the currency against stronger Asian peers, which were gained by softening US inflation data.
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