Stock Market Holiday: NSE & BSE Will Closed On Good Friday
Stock Market Holiday: Today, April 7th, 2023, the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain closed in observance of Good Friday. This means that there will be no trading activity taking place in the Indian stock market today. According to the list of stock market holidays in April 2023, the BSE and NSE will remain closed for the entire Friday session. The official website of BSE, bseindia.com, lists the stock market holidays for 2023 and indicates that there will be no trading activity in the Equity Segment, Equity Derivative Segment, and SLB Segment today. Additionally, trading at the Currency Derivatives Segment will also remain suspended for Good Friday celebrations across the nation.
No action on MCX, NCDEX.
Trading on the Multi Commodity Exchange (MCX) and National Commodity Exchange (NCDEX) will be suspended for both the morning and evening sessions in the Commodity Derivatives Segment and Electronic Gold Receipts (EGR) Segment, resulting in no activity on these exchanges.
In April 2023, there will be a total of three stock market holidays. Good Friday marks the second holiday of the month, following the closure of the Indian stock market on April 4th for Mahavir Jayanti. The next stock market holiday will be on April 14th for Dr. Baba Saheb Ambedkar Jayanti.
The month of May 2023 will have only one stock market holiday on May 1st, which will be observed in celebration of Maharashtra Day.
After the Reserve Bank of India’s surprise decision to maintain the interest rate following its MPC meeting, the Indian stock market rebounded from its intraday lows and ended in positive territory. The NSE Nifty closed 42 points higher at 17,599, while the BSE Sensex surged 143 points and closed at 59,832. The Nifty Bank index gained 41 points and ended at the 41,041 mark. In the broader market, the mid-cap index rose by 0.71%, while the small-cap index ascended by 0.70% on the final session of the truncated week.
Stock market holidays in global markets.
Several major global markets, including the US, UK, Hong Kong, France, and Germany, will also be closed for Good Friday celebrations, in addition to the Indian stock market.