Is the stock market open on Tuesday?

NEW DELHI: Equity, currency and derivatives markets will be closed for trading on Tuesday, March 1, as the Street and the nation will observe Maha Shivratri.



Commodity markets will be closed for the morning session but will open in the evening.

The market will resume trading on Wednesday, March 2, 2022.

Even though benchmark indices have managed to gain some lost ground in the last couple of days, the market continues to reel under the volatile situation in Europe.

On Monday, pressured by weak global cues, indices opened with cuts but eventually, domestic indices staged a strong recovery lifted by metal stocks. However, selling in banks and financials kept the gains in check.

The 30-share pack Sensex climbed 388.76 points or 0.70 per cent to close at 56,247.28. Its broader peer NSE Nifty advanced 135.50 points or 0.81 per cent to 16,7933.90.

Market breadth was in favour of gainers as 2,115 stocks ended in the green, while 1332 names settled with cuts. As many as 103 securities hit 52-week highs, mostly from the smallcap space.

Meanwhile, 56 names hit 52-week lows, mostly from the microcap space. About 15 stocks hit upper circuit limits and 4 lower circuit limits.

European markets were trading lower. London-based FTSE declined 1.39 per cent while Paris and Frankfurt fell 3.25 per cent and 2.81 per cent, respectively. In Asia, barring Singapore and Hong Kong, all markets ended in the green.

Source: https://economictimes.indiatimes.com/markets/stocks/news/bse-nse-to-remain-closed-on-tuesday-on-account-of-mahashivratri/articleshow/89902379.cms

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