Indian stock exchanges will be closed today in observance of Bakri Eid, and regular trading will resume on Friday.
On Tuesday, the National Stock Exchange and Bombay Stock Exchange issued circulars aligning with the notification from the Maharashtra government, which announced the alteration in the Eid holiday.
On Wednesday, the sensex crossed the 64K mark in intra-day trade for the first time ever, and thanks to profit-taking, it closed just a tad lower from those lofty heights, at 63,915points, up 0. 8% or 499 points for the day.
On the NSE too, the Nifty recorded its individual mark: For the first time, it crossed the 19K mark but closed a tad off at 18,972 points, up 0. 8% or 155 points from its previous close.
Since May, foreign portfolio investors have net pumped in over Rs 85,000 crore, data from CDSL and BSE showed. Last month, the government said India’s GDP for the March quarter had grown at 6.1% while tax collections — both GST and direct taxes — showed double-digit growth on an annual basis.
On Tuesday, the National Stock Exchange and Bombay Stock Exchange issued circulars aligning with the notification from the Maharashtra government, which announced the alteration in the Eid holiday.
On Wednesday, the sensex crossed the 64K mark in intra-day trade for the first time ever, and thanks to profit-taking, it closed just a tad lower from those lofty heights, at 63,915points, up 0. 8% or 499 points for the day.
On the NSE too, the Nifty recorded its individual mark: For the first time, it crossed the 19K mark but closed a tad off at 18,972 points, up 0. 8% or 155 points from its previous close.
Since May, foreign portfolio investors have net pumped in over Rs 85,000 crore, data from CDSL and BSE showed. Last month, the government said India’s GDP for the March quarter had grown at 6.1% while tax collections — both GST and direct taxes — showed double-digit growth on an annual basis.