On 29 March, BSE and NSE remain shut down on the domestic stock market for an extended weekend.
The share market will be shut down on Monday 29 March on account of the festival for those of you curious about the functionality of your domestic stock market on Holi Day.
A longer weekend will take place on the national stock market, while on 29th March both the Bombay Börse (BSE), and the National Stock Exchange (NSE). Not only that, but Holi will also continue to close both currency and bond markets.
However, the exchange of commodities will be open for the second half of the day and closed for the first half. Trading will begin again on Monday between 17:00 and 11:30 h (March 29).
Dalal Street professionals will also have a prolonged weekend on behalf of Good Friday (April 2). On April 2 a vacation will be also held in the financial and monetary markets. Dalal Street will be operating for just three days on both Monday (April 29) and Friday (April 2).
Monday will be marked by clear close proximity to US stocks on Asian and European markets. But as the Indian market is shut down for the day, it will respond only on Tuesday, the economic times said.
"Next week, due to a few bank vacations, traders will closely look at global issues and have a corresponding position for Indian markets. Given the probability that the market will continue to have high volatility for some time, investors will do well to remain calm and gradually accumulate good quality companies with market declines; "As the head of Motilal Oswal Financial Service Retail Research, Siddhartha Khemka was quoted by ET.
The business will observe a recess for 14 days this year, in conjunction with the Bombay Stock Exchange (BSE) holidays 2021. The rest of the holidays are as follows with Republic Day and Mahashivratri: Holi 29th March 2021.
April 2, 2021- Good Friday
April 14, 2021- Dr.Baba Saheb Ambedkar Jayanti
April 21, 2021- Ram Navami
May 13, 2021- Id-ul-Fitr
July 20, 2021- Id-al-Adha
August 19, 2021- Ashura
September 10, 2021- Ganesh Chaturthi
October 15, 2021- Vijaya Dashami
November 4, 2021- Diwali/Laxmi Puja
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Source- DNA
