Stock market holiday 2022: Indian stock markets remain closed on May 3, 2022 (Tuesday) due to Id-Ul-Fitr (Ramzan Id). The limited trading week will have 4 sessions.
Meanwhile, India’s largest commodity exchange Multi Commodity Exchange of India (MCX) will remain closed during the first half session, which is between 6 p.m. 9 and 17. Trading resumes on MCX after kl. 17:00 this day and closes at 11: 30/11: 55.
As for NCDEX or the National Commodity & Derivatives Exchange, trading will remain closed in the first session between 9 and 17. It resumes from kl. 05.00 and ends at. 21.00.
The list of stock exchange trading holidays 2022 can be found on the BSE and NSE website.
Watch Zee Business Live TV streaming below:
Indian stock markets ended the week in red. BSE Sensex fell over 460 points or 0.8 percent to settle at 57060.87, while Nifty50 ended at 17102.55, down 142 points or 0.8 percent. Bank Nifty fell nearly 1 percent or by 334 points to close at 36088.15.
The correction was seen even in the broader markets as the Nifty Midcap 100 fell by over 250 points to end the last weekly trading session at 29880.35.
The foreign institutional investors (FIIs) were net sellers on Friday and sold Indian shares worth Rs 3648 cr in the cash market. Meanwhile, domestic institutional investors (DIIs) bought shares worth Rs 3490.
During the year, the markets will remain closed on 7 other occasions – 3 each in August and October and once in November.