Stock market holiday: NSE, BSE to remain closed today on Muharram

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Stock market holidays in August 2022: Trading in Currency Derivatives Segment and Interest Rate Derivatives segment will also remain suspended today

There will be no trade today due to Muharram, hence the stock market will be closed. According to information on the official BSE website, trade on Tuesday, August 9, 2022, would be suspended for the whole session on both the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).

According to the list of stock market holidays for 2022, which is accessible on the BSE’s official website (bseindia.com), there won’t be any trading today in the equity, equity derivative, and SLB segments.

The trading in the segments for interest rate and currency derivatives will continue to be banned today, under the list of stock market holidays for August 2022.

Trading will continue to be halted in the commodity section in the morning session from 9:00 AM to 5:00 PM, but it will resume in the evening session at 5:00 PM.

Muharram is one of the stock market holidays in August 2022. Other two stock market holidays falling in August 2022 are Independence Day and Ganesh Chaturthi. Trading at NSE and BSE will remain suspended for Independence Day and Ganesh Chaturthi celebrations on 15th August 2022 and 31st August 2022 respectively. On 15th August and 31st August 2022, there will be no trading activity in Equity Segment, Equity Derivative Segment and SLB Segment. Trading in Commodity Derivatives Segment will remain closed in both morning and evening shift on 15th August 2022 whereas on 31st August 2022, trading in Commodity Derivatives Segment will remain closed in morning session only.

After dull opening on Monday session, Indian stock market pared early losses and ended close to intraday highs. Powered by buying in power, metals, capital goods and auto stocks, Nifty 50 index finished 127 points higher at 17,525 whereas BSE Sensex gained 465 points and closed at 58,853 levels. Nifty Bank index surged 316 points and closed at 38,237 mark.

Global stocks also climbed as bond yields pared their recent surge and investors weighed prospects of aggressive Federal Reserve rate hikes against reassuring earnings. On Wall Street, Dow Jones added 0.09 per cent, Nasdaq went off 0.10 per cent, S&P 500 went 0.12 per cent south while Small Cap 2000 gained 1.10 per cent on Monday session.

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