The leading stock market bourses –the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) are closed for trading today, October 28, 2019, on account of Diwali Balipratipada. Wholesale commodity markets, including metal and bullion, will also remain shut on the occasion. There will be no trading activity on forex and commodity futures markets to observe the occasion. Muhurat trading for this year has ended with headline indices posting gains. Sensex closed 192 points higher to 39,250, while Nifty closed at 11,627, after surging 43 points.
Equity market witnessed sixth consecutive session of gains with benchmark indices Sensex and Nifty-50 gaining over 0.6 per cent on positive global and domestic cues after Brexit deal and the Central government planning more PSU divestments to bridge the fiscal deficit gap.
Sensex gained 246.32 points or 0.63 per cent closing at 39,298.38 while the broader Nifty-50 gained 75.50 points or 0.65 per cent to close at 11,661.85.
Indian stock markets may stay steady following global peers but domestic macro-economic data may weigh on sentiment on Tuesday. Asian stocks and Wall Street futures inched higher as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiations this week.
Mumbai: After a volatile opening, Indian markets on Monday rose nearly 0.5% led by gains in energy, auto and banking stocks. Sentiments were also improved after signs of progress in US-China trade negotiations.
At 12.12 pm, the benchmark Sensex Index rose 0.5% to 38306.29 points while Nifty advanced 0.5% to 11361.60 points.
Equity benchmark indices reversed early losses on Wednesday and surged upwards, led by banking and financial stocks ahead of the Q2 corporate earning results.
At the closing bell, the BSE S&P Sensex was up by 646 points or 1.72% at 38,178. The Nifty 50 wound up 187 points higher at 11,313. At the National Stock Exchange, all sectoral indices were in the positive zone except for IT.
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