ANI
08 Oct 2019, 10:48 GMT+10
Mumbai (Maharashtra) [India], Oct 8 (ANI): BSE Limited and the National Stock Exchange of India were shut for trading on Tuesday on account of Dussehra, also known as Vijayadashami, a major Hindu festival celebrated at the end of Navaratri every year across the country.
Wholesale commodity markets, including metal and bullion, were also closed. There was no trading activity on forex and commodity futures markets as well.
Trading activity will resume on October 9.
On Monday, the stock market fell for the sixth consecutive session as selling pressure built up in the closing hour. Except for media and private bank, all sectoral indices at the National Stock Exchange were in the red.
Amid economic slowdown and uncertainty in the financial sector, investors are expected to keep their bets low in coming days while awaiting second quarter (July to September) corporate earning results which will start pouring in later in this week.
Meanwhile, Asian shares inched up on Tuesday though traders remained cautious over US-China trade talks after US President Donald Trump said a quick trade deal was unlikely.
Japan's Nikkei climbed 1 per cent while MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.73 per cent, led by gains in technology shares in South Korea and Taiwan. (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 InformationNEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...
NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...
RIO DE JANEIRO, Brazil: At a two-day summit over the weekend, the BRICS bloc of emerging economies issued a joint declaration condemning...
LONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...
OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...
NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...
NEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...
NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...
WASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...
NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...