Holi celebrated across India
BBN Bureau
Mumbai: The Indian stock exchanges will remain closed on Monday, March 25, in view of the festival of Holi. This is the first holiday this week, to be followed by Good Friday celebrations on March 29.
The trading hours of the Indian stock market are from 9:15 a.m. to 3:30 p.m. on weekdays from Monday to Friday. However, the markets will not be operational on at least 15 occasions throughout the year during celebrations of festivals and key events, according to the official BSE calendar.
Meanwhile, benchmark equity indices Sensex and Nifty closed higher for the third straight session on Friday, following gains in index majors L&T, ITC and Maruti. The development was also a result of the record rally in the US markets after the Federal Reserve indicated three rate cuts this year.
The 30-share BSE Sensex climbed 190.75 points or 0.26 per cent to settle at 72,831.94. The NSE Nifty advanced 84.80 points or 0.39 per cent to 22,096.75.
