Stock market party: Due to Muharram, there will be no trading activity in the stock market today. As per the information available on BSE official website, trading on BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) will remain closed for the entire session on Tuesday i.e. 9th August 2022.
According to the list of stock market holidays 2022, which is available on the official website of BSE—bseindia.com—there will be no action in the equity segment, equity derivatives segment and SLB segment today.
According to the list of stock market holidays for August 2022, trading in the currency derivatives segment and the interest rate derivatives segment will also remain suspended today.
In the commodities segment, trading will remain suspended in the morning session from 9:00 AM to 5:00 PM, but will remain open in the afternoon session from 5:00 PM onwards.
Muharram is one of the stock market holidays in August 2022. Two other stock market holidays falling in August 2022 are Independence Day and Ganesh Chaturthi. Trading on NSE and BSE will remain suspended for Independence Day and Ganesh Chaturthi celebrations on August 15, 2022 and August 31, 2022 respectively. On August 15 and August 31, 2022, there will be no trading activity in the equity segment, the equity derivatives segment and the SLB segment. The Commodity Derivatives Segment will remain closed for both the shift and the morning session on August 15, 2022, while on August 31, 2022, the Commodity Derivatives Segment will remain closed for the morning session only.
After a dull opening to Monday’s session, the Indian stock pared early losses and ended near intraday highs. Buoyed by buying in energy, metals, capital goods and auto stocks, the Nifty 50 index ended 127 points higher at 17,525, while the BSE Sensex gained 465 points to close at 58,853 levels. The Nifty Bank index rose 316 points to close at 38,237 points.
Global stocks also rose as bond yields pared their recent gains and investors weighed the prospect of aggressive rate hikes by the Federal Reserve against reassuring earnings. On Wall Street, the Dow Jones added 0.09 percent, the Nasdaq fell 0.10 percent, the S&P 500 went south 0.12 percent, while the Small Cap 2000 gained a 1.10 percent in Monday’s session.
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