India Stock Market:Markets remained closed on Thursday on account of Ram Navami

India Stock Market:Markets remained closed on Thursday on account of Ram Navami

Ira Singh
30 Mar’23

The National Stock Exchange of India (NSE) and the BSE remained closed on March 30 on account of Ram Navami.

Wholesale commodity markets, including metal and bullion, also remained closed. There was no trading activity in the forex and commodity futures markets either.

On 29 March ,the S&P BSE Sensex rose 346.37 points or 0.60 percent to close at 57960.09 while the Nifty advanced 129 points or 0.76 percent to settle at 17080.70.

Adani Enterprises, Adani Ports,JSW Steel, Eicher Motors and HCL Technologies were among the biggest gainers on the Nifty, while the laggards included UPL, Bharti Airtel, Reliance Industries, ICICI Bank and Asian Paints.

Markets managed to gain nearly a percent on the monthly expiry day amid excessive volatility. After the flat start, the Nifty index oscillated in a narrow range however a sharp surge in the last half an hour pushed the index above the 17,100 mark. Most sectors participated in the recovery wherein metal, realty and auto gained the maximum.
Among sectors, auto, FMCG, PSU Bank, capital goods, realty and metal indices up 1-3 percent.

On March 29, the Indian rupee ended 16 paise lower at 82.35 per dollar against previous close of 82.19.
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