The Indian stock market will remain closed on Tuesday due to the holiday of Diwali Balipratipada. During this period, trading on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain completely closed.
Trading in equities as well as equity derivatives and SLB segments will remain closed on both the exchanges.
The holiday of Diwali Balipratipada is falling after the Muhurta and Monday trading session. After this, there will be a holiday on 24th November on the occasion of Prakash Guruparv Shri Guru Nanak Dev and on 25th December on the occasion of Christmas.
On Monday, Sensex closed at 81,106.65 with a gain of 107.25 points or 0.13 percent and Nifty closed at 25,044.65 with a gain of 58.25 points or 0.23 percent.
Banking shares did the work of pulling the market up in the trading session. Nifty Bank closed with a gain of 1.51 percent. Also, Nifty PSU Bank closed with gains of 3.73 percent, Nifty Pharma 1.65 percent, Nifty Healthcare 1.33 percent, Nifty Consumer Durables 0.92 percent, Nifty Realty 0.77 percent, Nifty Financial Services 0.75 percent, Nifty Private Bank 0.74 percent and Nifty India Defense closed with gains of 0.55 percent. It happened.
Nifty IT closed with losses of -1.22 percent, Nifty Metal -0.46 percent, Nifty FMCG -0.15 percent, Nifty Commodities -0.13 percent and Nifty Services -0.05 percent.
Midcap and smallcap also witnessed a rise. The Nifty Midcap 100 index was up 334.40 points or 0.55 per cent at 61,022.55 and the Nifty Smallcap 100 index was at 19,185.05, up 18.65 points or 0.10 per cent.
Experts said that. Rising FII participation and better-than-expected corporate results have strengthened expectations of improved FY27 earnings estimates, supporting market sentiment.