Investors will get some relief today amidst the ongoing selling by foreign investors in the Indian stock market. Today, Friday, November 15, there will be no trading in the National Stock Exchange and BSE due to it being a holiday on the occasion of Guru Nanak Jayanti. That means Indian stock markets will remain closed for the next three days.
There will be trading only 4 out of 10 days
There will be trading in the Indian stock market only for four days in the next 10 days. BSE and NSE are closed today due to Guru Nanak Jayanti holiday. There are also holidays on Saturday and Sunday. After this, the Indian stock market will remain closed on Wednesday, 20 November.
Voting will be held in Mumbai on November 20 for the assembly elections in Maharashtra.
Voting will be held in Mumbai on November 20 for the assembly elections in Maharashtra, hence the stock exchange has been closed. That means there will be trading in the market only for four days till 24th November. Along with the stock exchange, the multi-commodity exchange will also remain closed from 9 am to 5 pm in the first session. However, MCX will remain open in the evening session.
Sensex-Nifty have fallen by more than 10 percent
In the last week of September 2024, the Indian stock market reached its highest ever level. But since then foreign investors have started pulling out their money from the Indian equity market and since then the market is witnessing a continuous selloff. After touching 85,978 points, BSE Sensex fell to 77,580 points. That means Sensex has fallen by about 10 percent i.e. 8400 points. National Stock Exchange’s Nifty, which had touched a high of 26277 points, has fallen to 23532 points. That means Nifty has fallen 10.44 percent from its high.
