Stock market closed on account of Dussehra holiday

Mon, 17 Feb 2020

Stock market closed on account of Dussehra holiday

ANI
08 Oct 2019, 15:18 GMT+10

Mumbai (Maharashtra) [India], Oct 8 (ANI): BSE Limited and the National Stock Exchange of India were shut for trading on Tuesday on account of Dussehra, also known as Vijayadashami, a major Hindu festival celebrated at the end of Navaratri every year across the country.

Wholesale commodity markets, including metal and bullion, were also closed. There was no trading activity on forex and commodity futures markets as well.

Trading activity will resume on October 9.

On Monday, the stock market fell for the sixth consecutive session as selling pressure built up in the closing hour. Except for media and private bank, all sectoral indices at the National Stock Exchange were in the red.

Amid economic slowdown and uncertainty in the financial sector, investors are expected to keep their bets low in coming days while awaiting second quarter (July to September) corporate earning results which will start pouring in later in this week.

Meanwhile, Asian shares inched up on Tuesday though traders remained cautious over US-China trade talks after US President Donald Trump said a quick trade deal was unlikely.

Japan's Nikkei climbed 1 per cent while MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.73 per cent, led by gains in technology shares in South Korea and Taiwan. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to London Mercury.

More Information

7 ℃

Fair in Newham

UK Editorials

Section

Design in 2020 - what will editorial design look like? - Design Week

Design in 2020 - what will editorial design look like? Design Week ...

JPIMedia reveals senior editorial changes in Scotland - Journalism News from HoldtheFrontPage

JPIMedia reveals senior editorial changes in HoldTheFrontPage.co.uk ...

PETER HITCHENS- The Met Police have failed us. Shut them down and start again

The report by Sir Richard Henriques into its 'VIP paedophiles' investigation is one of the most devastating ever published about ...

PETER HITCHENS- I'll tell the truth about the fanatics of Extinction Rebellion

PETER HITCHENS: Soon we will be sitting in an impoverished, dark country, with a trashed economy, incessant power cuts and ...

PETER HITCHENS- Tell me you think marijuana isn't destroying our country

You probably shuddered when you read about the terrible thing which happened to a young trainee doctor, Grace Spence Green. ...

PETER HITCHENS- Terror is stalking our streets but it has NOTHING to do with ISIS

PETER HITCHENS: A crazy man kills innocent people and within minutes everyone, from Scotland Yard to the BBC, is saying ...

Business

Section

Yen and Japanese stocks weaken as economy drops to 6-year low

SYDNEY, Australia - Shares in Japan sank on Monday as the country's economy recorded its slowest quarterly growth in six ...

New York state not to appeal $26 billion telco merger case

NEW YORK, New York - The State of New York will not be appealing the case it jointly pursued with ...

Twenty-two Syrian companies in UAE for Gulfood exhibition

DUBAI, UAE - The 25th Gulfood, which is considered one of the largest food exhibitions in the world has started ...

Pentagon asks Oshkosh Defense to supply Joint Light Tactical Vehicles

OSHKOSH, Wisconsin - Oshkosh Defense, LLC has been awarded a $407.3 million modification to contract to procure Joint Light Tactical ...

Nature breaks suggested to reduce stress levels at work

TOKYO, Japan - Need a solution to calm your mind amid hectic workplace stress? Surprisingly, a potted plant placed right ...

Wall Street ends with a wobble

NEW YORK, New York - U.S. stocks were mixed on Friday as the ebb and flows of the coronavirus news ...

Movie Review

T2 Trainspotting