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BSE, NSE to remain closed due to Dussehra

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Commodity trading will remain closed between 9 am to 5 pm.

New Delhi: Markets will remain closed on Friday on account of Dussehra festival across the country. Further, as per the BSE website, there will be no trading in equity, derivatives and SLB (Securities Lending and Borrowing) segments.

Commodity trading will remain closed between 9 am to 5 pm. However, it will run from 5 pm to 11.30 pm.

The benchmark BSE Sensex and broader NSE Nifty had climbed to new record highs on Wednesday, extending their winning run for the fifth consecutive session, as investors continued to hold on to auto, power and infra stocks.

After crossing a lifetime high of 60,836.63 during the session, the 30-share Sensex was up 453 points or 0.75 per cent to close at 60,737 – its all-time high.

The Nifty had reached a new closing peak of 18,162 with a gain of 170 points or 0.94 per cent. It had also touched an intra-day record of 18,198.

Globally, Asian shares advanced on Friday, warmed by the embers of a strong day on Wall Street that supported risk-favorable currencies and hurt the safe-haven yen, though concerns about the Chinese economy offset gains. limited.

In currency markets, the US dollar hit a three-year high on the yen again, with a dollar buying 113.89 yen, the highest since December 2018.

The dollar index, which measures the greenback against a basket of currencies, was marginally lower at 94.00 on the day and was set for its first weekly decline since the beginning of last month versus major peers, on sterling and the euro. Some land was lost.

Brent crude rose 0.58% to $84.50 a barrel, hitting a three-year high on Monday.

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