The Economic Times
English EditionEnglish Editionहिन्दीગુજરાતી
| E-Paper
Search
+

    Stocks, currency, debt markets shut for Guru Nanak Jayanti

    Synopsis

    Most Asian stock markets were trading sideways in early trade.

    When the stock and currency markets open on Wednesday, they would first react to a 4.3 per cent contraction in factory output for September.

    Related Companies

    NSE
    BSE

    PEER COMPANIES

    PEER COMPANIES

    PEER COMPANIES

    PEER COMPANIES

    NEW DELHI: Domestic equity, debt and currency markets are shut on Tuesday on account of Gurunanak Jayanti. Commodity exchanges will resume trade in the evening session after staying closed for the morning trade.

    Most Asian stock markets were trading sideways in early trade, ahead of a speech by US President Donald Trump to the Economic Club of New York later in the day. Oil prices were trading lower for the second day on rise in Saudi output.

    A partial holiday in the United States overnight made for a quiet session on Wall Street. The Dow Jones index rose 0.04 per cent while the S&P500 index lost 0.20 per cent for the trade.

    On Monday, Sensex and Nifty staged a smart rebound in late trade and eked out small gains, led by gains in financial stocks. The 30-share Sensex closed 0.05 per cent or 21.47 points higher at 40,345.08, while broader 50-share Nifty climbed 0.04 per cent or 4.80 points to close at 11,912.95.

    When the stock and currency markets open on Wednesday, they would first react to a 4.3 per cent contraction in factory output for September.

    The consumer price inflation data for October will be released later on Tuesday, which would be key to rate cut expectations.

    Besides, a host of companies including Info Edge, Aurobindo Pharma, Adani Gas, Godrej Industries, Natco Pharma, AIA Engineering, Sanofi and Bayer Cropscience will announce their September quarter results later in the day.

    IRCTC, ABB, Pidilite Industries, Muthoot Finance Oracle Financial Services, The New India Assurance Company and Cadila Healthcare will be among companies that will disclose quarterly results on Wednesday.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

    6 Comments on this Story

    dev kamal singh320 days ago
    I m posted in gujrat and belong to punjab.....and there is no holiday for me on 550th birth anniversary of our guru who stood out for equality and protection of hindu religion.....well if someone asks me that india is a secular nation....then I have seriously doubts about it under leadership of fekku nd samosa tea party
    Jasandroid Phone320 days ago
    Half of the year is holiday for NSE. Crazy
    Rewarding India321 days ago
    why so many holidays in India?
    The Economic Times