Stock market holiday today as NSE, BSE closed on Independence Day

The Indian stock market is closed on Monday due to Independence Day, which is why there is no trading activity today. According to the information available on the official BSE website, trading on BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) will remain closed for the entire session on Monday, i.e. August 15, 2022, as India completes the completion of Celebrating 75 years of independence.

According to the 2022 Holiday List on BSE’s official website, there will be no action today in the Equity, Equity Derivatives and SLB segments. Meanwhile, trading in the currency derivatives and interest rate derivatives segment also remains suspended today. In the Commodity segment, trading remains suspended in both the morning and evening sessions.

Notably, while the market is open for trading on Tuesdays, however, the depots are closed on this day due to Parsi New Year. Therefore, there will be a reckoning holiday on August 16, 2022 due to Parsi New Year. A settlement holiday delays the execution of a trade in stocks by one day.

August will see another stock exchange holiday fall on Wednesday, August 31, 2022 due to the trading holiday for Ganesh Chaturthi, therefore trading on NSE and BSE will remain suspended on August 31 for the celebrations of Ganesh Chaturthi. Trading holidays in 2022 on BSE and NSE also fall on October 5, 24 and 26 and finally on November 8.

Indices extended gains as benchmark BSE Sensex rose 130 points, while Nifty extended gains for a fifth straight session on Friday in range-bound trading, as oil and gas, metals and energy stocks rose in trading.

The 30-stock BSE index recovered from its early losses to finish 130 points higher at 59,462, while NSE Nifty rose 0.2% to 17,698. Major indices also registered their fourth consecutive week of gains as Sensex rose 1.074 percent or 1.8% and Nifty up 300 points or 1.9% on a weekly basis.

The Indian rupee ended lower Friday, posting a weekly loss as a likely one-time dollar outflow dragged the currency against stronger Asian counterparts that benefited from weakening US inflation data.

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