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Stock Market Holiday: All trading activities across the nation will be closed today on the account of Diwali Balipratipada, including action at stock markets. As per the information available on the official BSE website, trading on BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) will remain closed for the entire session on Wednesday i.e. October 26, 2022.
The currency market will also be shut while the commodities market will be closed during the morning session i.e. 9 am to 5 pm but will operate during the evening session — 5-11:30 pm.
Yesterday, profit booking emerged on Dalal Street after 7-day winning streak, with investors dumping FMCG and private banking stocks. The S&P BSE Sensex index closed 288 points, or 0.48 per cent, lower at 59,544, while the Nifty50 ended at 17,640, down 91 points or 0.5 per cent.
Tech M, Maruti Suzuki, L&T, NTPC, Dr Reddy’s Labs, SBI, M&M, and Infosys were the top gainers on the Sensex index. These stocks gained between 0.6 per cent and 3 per cent.
The top drags were Nestle, Bajaj Finserv, HUL, Kotak Bank, RIL, HDFC, Bajaj Finance, Asian Paints, and IndusInd Bank as they fell in the range of 1 per cent to 3 per cent.
In the broader markets, the BSE MidCap index added 0.45 per cent, but the BSE SmallCap index slipped 0.35 per cent.
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