Markets closed today, BSE Sensex, NSE Nifty, others closed due to Eid ul Fitr holiday
Indian equity, money and commodity markets will remain closed on Monday on account of Eid ul Fitr. The markets will reopen on Tuesday at usual timings. On Friday both Sensex and Nifty ended the day in the red
Indian equity, money and commodity markets will remain closed on Monday on account of Eid ul Fitr. The markets will reopen on Tuesday at usual timings. On Friday both Sensex and Nifty ended the day in the red. While the 30-share Sensex was down by over 260 points or 0.8 per cent ending the day at 30,672.59, the broader market Nifty 50 ended at 9,039.25, down by 67 points or 0.7 per cent.
The top gainers on Sensex on Friday were Mahindra & Mahindra, Infosys, Asian Paints, Ultratech Cement Company and Tech Mahindra while top losers were Axis Bank, HDFC, Bajaj Finance, ICICI Bank and Bajaj Auto. In the 30-share index 12 ended in green while the remaining in red.
Meanwhile, Mahindra & Mahindra, Cipla, Shree Cement, and Infosys were the top gainers on Nofty Fifty on Friday. The top losers were Axis Bank, HDFC, Bajaj Finserve, Bajaj Finance and Hindalco Industries.
On Friday, the rupee closed at 75.8925 against the USD.
Among the global stock markets, Asian shares started cautiously on Monday as central bank largesse globally boosted sentiment but rising trade tensions between the world`s two biggest economies dulled risk appetite. MSCI`s broadest index of Asia-Pacific shares outside Japan rose 0.1 per cent with South Korea, Australia and New Zealand all starting higher.
See Zee Business Live TV Streaming Below:
Japan`s Nikkei jumped 1.5 per cent after the Nikkei newspaper reported the country was considering a fresh stimulus package worth over $929 billion that will consist mostly of financial aid programmes for companies hit by the coronavirus pandemic. Analysts expect trading to be subdued with U.S. and UK markets shut for public holidays.
Inputs from Reuters
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.