Stock market closed on account of Dussehra holiday

Tue, 22 Oct 2019

Stock market closed on account of Dussehra holiday

ANI
08 Oct 2019, 15:18 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)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Charlotte Star.

More Information

International

Section

U.S. soldiers could remain in Syria, Trump now tweets

WASHINGTON, DC - U.S. President Donald Trump is now considering leaving some American troops, nearly 200, in Syria to guard ...

Bus crash in Democratic Republic of Congo claims many lives

MBANZA-NGUNGU, Democratic Republic of Congo - At least 31 people are dead and many others were injured after a bus ...

White House now looking for new G7 venue as Trump bows out

WASHINGTON, DC - In an abrupt about-face U.S. President Donald Trump announced on Saturday night the upcoming G7 in June ...

EU to decide on half-hearted request by UK to extend Brexit deadline

LONDON, UK - British Prime Minister Boris Johnson on Saturday sent the European Union an unsigned photocopy of a request ...

China-U.S. trade frictions could fracture globe, says Antnio Guterres

WASHINGTON, DC - Tensions relating to global trade and technology continue to rise and the international community needs to "do ...

UK prime minister vows to leave EU by 31 October after losing poll

LONDON, UK - British Prime Minister Boris Johnson is sticking to his guns despite failing to get parliamentary backing to ...

Business

Section

Modest gains on U.S. markets, geopolitical concerns weigh

NEW YORK, New York - Optimism about ongoing trade talks between the U.S. and China helped keep stocks in the ...

Sterling jumps to 1.3000, euro also gains

SYDNEY, Australia - The British pound powered higher in the Asian session on Monday, and into early European trading.Sterling was ...

In world first, Qantas flies direct from New York City to Sydney

SYDNEY, Australia - Qantas Flight 7879 touched down at Sydney airport on Sunday morning, ending the longest commercial flight undertaken ...

Jonesy and Amanda named best Australian on-air team

BRISBANE, Australia - Successful WSFM breakfast hosts Jonesy and Amanda (Brendan Jones and Amanda Keller), have been crowned Best On-Air ...

Rejuvenation of century-old De Angelis Carousel in Buffalo starts

BUFFALO, New York - New York Governor Andrew Cuomo on Friday announced the Erie Canal Harbor Development Corporation has begun ...

Chinese man who tried to send U.S. military technology to China jailed

WASHINGTON, DC - A Chinese national has been sent to prison for conspiring to export military and space-grade technology to ...

Movie Review

Three Billboards Outside Ebbing, Missouri