ANI
10 Sep 2019, 10:25 GMT+10
Mumbai (Maharashtra) [India], Sep 10 (ANI): The National Stock Exchange of India Ltd and BSE Ltd were closed for trading on Tuesday on account of Muharram, which is observed by a section of the Muslim community.
There was no trading activity in forex and commodity futures markets as well. Wholesale commodity markets including metal and bullion too were closed for trade.
A day earlier, equity benchmark indices continued to gain with the Nifty rising for the fourth consecutive session and closed above the psychological 11,000 mark.
In the opening trade, indices were dragged lower as hopes of a cut in Goods and Service Tax (GST) rate for the beleaguered and labour-intensive automobile sector faded. The market recouped initial losses and trended higher for the rest of the session on positive global cues.
Meanwhile, Asian stocks were little moved on Tuesday ahead of the European Central Bank's (ECB's) upcoming meeting with MSCI's broadest index of Asia Pacific shares outside Japan unchanged. Japan's Nikkei stock index was up 0.37 per cent while Shanghai Composite Index fell 0.36 per cent.
The ECB is likely to introduce a package of monetary easing and stimulus measures on Thursday due to the ongoing US-China trade war and signs of a global economic slowdown.
The US Federal Reserve is also widely expected to cut interest rates next week as policymakers try to protect the global economy from risks, which also include Britain's planned exit from the European Union.
(ANI)Get a daily dose of Buffalo Breeze news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Buffalo Breeze.
More InformationSAN FRANCISCO, California: Nvidia, the Silicon Valley chipmaker at the heart of the artificial intelligence boom, this week briefly...
REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...
SAN FRANCISCO, California: Nvidia, the Silicon Valley chipmaker at the heart of the artificial intelligence boom, this week briefly...
REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...
ATLANTA, Georgia: The United States is facing its worst measles outbreak in more than three decades, with 1,288 confirmed cases so...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...