
The Indian stock market will remain closed for three days this week. Both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will not open for trading on Wednesday, August 27, Saturday, August 30, and Sunday, August 31.
According to NSE’s official holiday calendar, the market holiday on Wednesday, August 27 is due to Ganesh Chaturthi. This marks the second market holiday of August, after trading was suspended on August 15 for India’s 79th Independence Day.
There are no scheduled holidays in September apart from the usual Saturdays and Sundays. However, in the months ahead, the stock market will remain closed on the following dates:
Indian benchmark indices opened on a strong note on Monday, tracking gains in global markets after U.S. Federal Reserve Chair Jerome Powell hinted at a possible rate cut next month.
Top gainers included Infosys, TCS, Tech Mahindra, HCL Technologies, and Bajaj Finance, each rising between 1.3% and 1.5%.
Last week, both Sensex and Nifty advanced nearly 1%, supported by expectations of GST rate adjustments and S&P’s upgrade of India’s sovereign rating.