Maharashtra Assembly elections: NSE, BSE announce trading holiday on Oct 21
NSE and BSE have announced trading holiday for capital markets, currency derivatives and F&O segment on October 21, 2019.
As assembly elections are scheduled to be held in Maharashtra on Monday, NSE and BSE have announced trading holiday for capital markets, currency derivatives and F&O segment, therefore equity, debt, commodity and currency markets will remain shut on October 21, 2019.
Issuing a notification, NSE said, "On account of assembly elections in Maharashtra which is scheduled to be held on October 21, 2019, members are requested to note that exchange hereby notifies trading holiday for the capital market, futures & options and currency derivative segments."
It, however, added that the commodity derivative segment will be opened for the evening session at 5 PM.
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Earlier on Friday, Indian stock markets closed with gains for the sixth day in a row, over a strong inflow of foreign funds owing to a deal between the UK and the EU on Brexit, besides progress in US-China trade talks. The Sensex closed 246.32 points higher at 39,298.38, while broader Nifty settled 75.50 points higher at 11,661.85.
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BHEL gained 21.86 per cent higher after reports that the government is looking to sell its stake in the company. Reliance Industries also jumped 1.40 per cent ahead of its Q2 results on Friday.
The top Nifty50 gainers were Yes Bank, followed by Coal India, Adani Ports and Maruti Suzuki.