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    Is the stock market open today?

    Synopsis

    For the week, Sensex rose 267.47 points or 0.60 per cent, while Nifty added 109.90 points or 0.85 per cent.

    ETAuto
    Sensex closed 110.02 points or 0.25 per cent lower at 44,149.72 on Friday.
    NEW DELHI: Stock and forex markets are shut on Monday on account of Gurunanak Jayanti. In case of commodity markets, trade will resume in the 5 pm-11.30 pm evening session, after remaining shut in the morning session.

    The day will see the release of Japanese industrial production, construction orders and retail sales data. Chinese manufacturing and non-manufacturing PMI reading for November would also be released during the day.

    OPEC members and its allies will hold a virtual meeting on Monday and Tuesday to finalise an expected extension to production cuts as the coronavirus pandemic continues to weigh on global demand.

    On Friday, the Dow Jones Industrial Average rose 39.70 points, or 0.13 per cent, to 29,910.37, the S&P500 index gained 8.70 points, or 0.24 per cent, to 3,638.35 and the Nasdaq Composite index added 111.44 points, or 0.92 per cent, to 12,205.85.

    Back at home, Sensex closed 110.02 points or 0.25 per cent lower at 44,149.72 on Friday. The broader NSE Nifty slipped 18.05 points or 0.14 per cent to 12,968.95. For the week, Sensex rose 267.47 points or 0.60 per cent, while Nifty added 109.90 points or 0.85 per cent.

    Over the weekend, Serum Institute of India (SII) said it is in the process of applying for an emergency use licence for the AstraZeneca-Oxford's COVID-19 vaccine candidate in India in the next two weeks. The economy, meanwhile, shrank 7.5 per cent in the September quarter and thus, technically entered into recession, data showed.

    The economy had contracted 23.9 per cent in the June quarter. The latest numbers, however, are somewhat better than Street expectations. Nomura India has in fact revised upward its 2020 GDP growth forecast to -7.1 per cent against -9 per cent earlier, and FY21 estimate to -8.2 per cent from -10.8 per cent.
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    2 Comments on this Story

    Ramanujam Mohan52 days ago
    Stock and forex markets are shut on Monday on account of Gurunanak Jayanti.
    rabia mir53 days ago
    no
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