Indian Stock Market Closed Today On Account of Good Friday, Next Trading Session On April 6

Indian stock market will remain closed today on account of Good Friday. The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will start trading on Monday, that is, April 6.

Similarly, trading in commodity derivatives will also remain closed for the day. Trading in equities, equity derivatives, securities lending and borrowing (SLBs), currency derivatives, and interest rate derivatives will remain closed today on both the BSE and the NSE.

A day of halt in trading has come amid a highly volatile period for the market due to the war in West Asia.

On Thursday, the equity indices had posted a sharp decline in the early trade hours, only to bounce back towards the end of the session.

In the morning, Sensex had fallen up to 1,588 points to its intraday low of 71,545. In the same vein, Nifty also declined by 496.85 points to 22,182.55. The fall was led by weak global investor sentiment and uncertainty about the United States-Israel-Iran war.

The sharp bounce came in the market towards the later hours of trade as investors lapped up blue-chip stocks to take advantage of the dip. This resulted in Sensex jumping over 2,000 points from the day’s low to 73,568 points.

The index finally settled at 73,319 points, which was 0.25 percent higher than its previous close of 73,134.

The same trajectory was followed by Nifty, which surged 600 points from its intraday low of 22,182 points to as high as 22,782. The index settled at 22,713, which was 0.15 percent higher than the previous close of 22,679 points.

While the domestic indices closed higher on Thursday, their fate on Monday will depend on developments on the war front in the two days in between.

US President Donald Trump has again started giving threats of attacking Iran’s power infrastructure. Global markets today were trading with marginal, muted gains or losses, awaiting any significant nudge for market movement.