Eid al-Adha 2023: Indian stock exchanges will remain closed today (June 29) on account of Bakrid (Eid-al-Adha) and will resume normal trading on Friday (June 30). In the annual holiday list of stock exchanges, it was to be Wednesday (June 28) but was changed through circulars.
On Tuesday, the National Stock Exchange and the Bombay Stock Exchange issued circulars in line with the Maharashtra government’s notification issued on Monday regarding changes in the Eid holiday. Indian stock markets will remain closed on August 15 for Independence Day celebrations.
Meanwhile, Indian stock indices – Sensex and Nifty – again hit their all-time highs on Wednesday as experts attributed it to strong economic parameters including strong GDP outlook, moderate inflation and strong buying by foreign investors.
The Sensex and Nifty indices closed up around 1.5 per cent each. The Sensex was up nearly 1,000 points. Data shows that Sensex and Nifty have gained more than 4 per cent in 2023 so far. Inflation is coming down in the US and India, but it remains to be seen whether this trend is sustainable.
(with ANI inputs)
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