The BSE and NSE are closed for buying and selling at present i.e. September 10 on account of Ganesh Chaturthi. Ganesh Chaturthi or Vinayaka Chaturthi celebrates the arrival of Ganesha to earth from Kailash Parvat. The elephant-headed Lord is taken into account as a logo of excellent fortune, knowledge and intelligence.
The foreign money markets can even be shut for the day. However, the MCX shall be closed solely within the morning session from 9 am to five pm. Normal buying and selling will resume on Monday i.e. September 13 after the prolonged weekend.
The benchmark indices ended on a subdued word on Thursday as beneficial properties in Bharti Airtel, Nestle India, TCS and Tata Steel have been offset by losses in HDFC Bank, Reliance Industries and Titan. The Sensex ended 55 factors larger at 58,305 and Nifty 50 index rose 16 factors to shut at 17,369.25.
The rupee strengthened for the primary time in previous 4 days to shut larger by 18 paise at 73.58 in opposition to the US greenback.