Indian stock exchanges, including BSE and NSE, will remain closed on Tuesday, October 24, on account of Dussehra. Market activities across all segments, including equity, derivatives, currency, and SLB, will remain shut throughout the day, according to the BSE website.
After the October 24 holiday, there are 3 more market offs this year — November 14 (Diwali Balipratipada), November 27 (Gurunanak Jayanti), and December 25 (Christmas). In total, there are 15 market holidays in entire 2023.
In the Commodity Derivatives Segment and Electronic Gold Receipts (EGR) Segment, trading will remain closed in the morning session (from 9:00 AM to 5:00 PM). However, it will be open in evening session at 5:00 PM. It means there will be no action on MCX (Multi Commodity Exchange) and NCDEX (National Commodity Exchange) from morning 9:00 AM to 5:00 PM.
On Monday, October 23, benchmark equity indices Sensex and Nifty plunged more than 1 per cent, falling for the fourth day running, amid weak trends in global markets in view of heightened tensions in the Middle East. Crude oil quoting above $90 a barrel mark also played spoilsport for the markets.
The 30-share BSE Sensex plunged 825.74 points or 1.26 per cent to settle at 64,571.88. During the day, it plummeted 894.94 points or 1.36 per cent to 64,502.68. The Nifty fell 260.90 points or 1.34 per cent to 19,281.75. In the four sessions since Wednesday, Sensex tanked 1,925 points to fall below the 65,000 mark while Nifty plunged by around 530 points.
Among the Sensex firms, JSW Steel, Tata Motors, Tata Steel, Tata Consultancy Services, NTPC, Wipro, HCL Technologies, State Bank of India, Larsen & Toubro, UltraTech Cement, IndusInd Bank, Kotak Mahindra Bank, Power Grid and Reliance Industries Limited were the major laggards. Mahindra & Mahindra and Bajaj Finance were the gainers.