Stock market holiday today: BSE and NSE are closed on July 17 for Muharram; trading will resume on July 18. Sensex and Nifty reached record highs on July 16.
Meanwhile, the commodities derivatives section will be closed from 9 a.m. to 5 p.m. but will be open from 5 p.m. to 11.55 p.m. Trading at the NSE and BSE will resume on July 18.
The Sensex and Nifty closed at record highs on Tuesday (July 16), with buying in FMCG, telecom, and select IT firms. The 30-share BSE Sensex closed at a record lifetime high of 80,716.55, while the NSE Nifty closed at an all-time high of 24,613, extending the winning run to the third day.
Since Friday last week, the Sensex and Nifty have been on a record-breaking run, with foreign investors turning net buyers in Indian equities. This comes as there are rising expectations that the US Federal Reserve may lower interest rates by September of this year.
Elevate your career with VIT’s MBA program, established by its renowned professors and positioned as a lighthouse for working professionals.
