Hello, investors and traders today on 7 April the National Stock Exchange will remain closed on the occasion of Good Friday. Check other holidays here.
Indian Stock Markets Closed on Good Friday
On 7th April 2023, both the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) in India will be closed due to Good Friday celebrations. As per the stock market holiday list for April 2023, there will be no trading activity in the Indian stock market on this day. This means that there will be no action in Equity Segment, Equity Derivative Segment, and SLB Segment.
Commodity Derivatives and Electronic Gold Receipts
The Commodity Derivatives Segment and Electronic Gold Receipts (EGR) Segment will also remain suspended for both morning and evening sessions. This means there will be no trading on MCX (Multi Commodity Exchange) and NCDEX (National Commodity Exchange) as well.
Other Stock Market Holidays in April 2023
April 7th is the second stock market holiday this month, the first being on 4th April 2023 for Mahavir Jayanti. The next stock market holiday will be on 14th April 2023 for Dr Baba Saheb Ambedkar Jayanti. In May 2023, there will be only one stock market holiday on 1st May 2023 for the Maharashtra Day celebration.
Previous Day’s Stock Market Performance
On the previous day, after the RBI’s surprise move to keep interest rates unchanged post-MPC meeting, the Indian stock market bounced back from its intraday lows and ended in the green. The NSE Nifty finished 42 points higher at 17,599, whereas the BSE Sensex surged 143 points and closed at 59,832 levels. The Nifty Bank index gained 41 points and finished at the 41,041 mark. In the broad market, the mid-cap index shot up 0.71 per cent while the small-cap index ascended 0.70 per cent on the last session of the truncated week.
Stock Market Holidays in Global Markets
Apart from the Indian stock market, some of the major global markets. Such as the US, UK, Hong Kong, France, and Germany, will also remain closed for the Good Friday celebrations.