In observance of Good Friday, the BSE and the National Stock Exchange (NSE) remained closed for trading on Friday. Along with, trading in derivatives, equities, SLBs, and currency derivatives, as well as the interest rate derivatives segment and the Multi-Commodity Exchange of India (MCX), the nation's largest commodity market, will also remain shut on Friday.
This closure marks the conclusion of a holiday-shortened week, which saw only three days of trading due to the closure of equity markets on Monday (March 25) for Holi celebrations.
BSE holiday calendar
The BSE holiday calendar for 2024 lists a total of 14 trading holidays. Previous closures this year include January 26 for Republic Day and March 8 for Shivratri. Looking ahead to the next financial year starting April 1, markets will remain closed on two occasions in April and November, with single-day closures in May, June, July, August, October, and December.
Previous trading
At the close of trading before the holiday on Thursday, the Sensex stood at 73,651, up 655 points (0.90 per cent), while the Nifty was up 203 points (0.92 per cent) at 22,326.90.
The NSE Nifty50 surged by nearly 1 per cent on Thursday, wrapping up a bullish 2023-24 period marked by significant milestones, with gains of almost 29 per cent. Despite recent market fluctuations, the Nifty Smallcap 100 and Nifty Midcap 100 indices recorded impressive gains of 70 per cent and 60 per cent, respectively, while the BSE Sensex saw a 25 per cent increase during the year.
Sectoral indices closed in positive territory, with auto, healthcare, metal, power, and capital goods each gaining 1 per cent, while oil and gas, information technology, banking, realty, and FMCG sectors saw gains of 0.5 per cent each.
In the broader market, the BSE Midcap index rose by 0.6 per cent and the Smallcap index saw a 0.3 per cent increase.
On Thursday, the rupee declined by 6 paise against the US dollar, closing at 83.39, attributed to the dollar's strength against major rivals overseas and rising crude oil prices in international markets.
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