Traders are in for a long weekend as the NSE and the BSE will remain shut on Friday, March 8, on account of Mahashivratri.
Trading in the equity derivative segment, equity segment, the SLB segment and the currency derivatives segment as well as the interest rate derivatives segment will remain suspended through the day. The Multi Commodity of India Limited (MCX) is also closed for morning trading on March 8.
Trading on both the stock exchanges — NSE and BSE — will resume on Monday, March 11.
The markets will next be closed for trade on March 25 for Holi and on March 29 for Good Friday.
In the previous session on March 7, Sensex and Nifty edged higher to close at fresh record highs driven by gains in metal and FMCG shares amid firm global trends and foreign fund inflows.
In a highly volatile trade, the 30-share BSE Sensex advanced 33.40 points or 0.05% to settle at a new peak of 74,119.39. During the day, it jumped 159.18 points or 0.21% to hit an all-time high of 74,245.17.
The broader Nifty rose by 19.50 points or 0.09% to close at a record 22,493.55. During the day, it climbed 51.6 points or 0.22% to an all-time high of 22,525.65.
Among Sensex firms, Tata Steel rose the most by 3.9%. JSW Steel gained 2.09%, Tata Motors by 2.14%, Bajaj Finserv by 2 %, and Bajaj Finance by 1.71%. Asian Paints, ITC and Nestle were also among the major gainers.
Mahindra & Mahindra, Reliance Industries, Axis Bank, ICICI Bank and Power Grid were among the laggards. In the broader market, the BSE smallcap gauge climbed 0.70% and midcap index spurted by 0.39%.
Among the indices, metal jumped 1.36 %, capital goods climbed 1.05%. Commodities (1%), FMCG (0.98 per cent), telecommunication (0.98%) and industrials (0.93%) also advanced. Auto, bankex, oil and gas and realty were the laggards.
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