Indian stock markets close today for Bakri Id

Indian stock markets are closed on May 28 for Bakri Id. This marks one of multiple trading holidays scheduled for 2026.

NSE and BSE remain shut for the full day in observance of the festival. MCX operates with partial closures while NCDEX stays fully closed as well.

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Dramatic illustration of BSE traders panicking amid plunging Nifty and Sensex indices, Middle East oil crisis, and HDFC Bank slump.
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Indian benchmarks plunge over 3% in biggest single-day drop in nearly two years amid Middle East attacks and HDFC Bank slump

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Indian equity benchmarks Nifty 50 and Sensex crashed more than 3% on Thursday, their steepest single-day decline since June 2024, closing at 23,002.15 and 74,207.24 respectively. Escalating West Asia conflicts drove crude above $110 a barrel, stoking inflation fears, while HDFC Bank shares tumbled over 5% following chairman Atanu Chakraborty's resignation.

India's major stock exchanges, NSE and BSE, are shut for trading today, May 1, 2026, due to the Maharashtra Day holiday. NCDEX is also closed, while MCX plans to resume in the evening session.

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Indian stock exchanges NSE and BSE will operate normally today despite celebrations for Gudi Padwa. There is no market holiday declared for the festival.

Indian stock markets rose more than 1 percent on Monday as the Nifty index crossed back above 24,000. The gains followed positive global signals including hopes for a US-Iran deal and lower oil prices.

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Indian equity benchmarks Sensex and Nifty posted their strongest single-day gains in years on Wednesday, driven by a US-Iran ceasefire that eased oil prices and inflation fears. The market capitalization of BSE-listed companies rose by ₹16.1 lakh crore. However, Asian stocks turned cautious as the ceasefire showed signs of fragility.

The Federal Government has declared Thursday, 19 March, and Friday, 20 March 2026 as public holidays to celebrate Eid-ul-Fitr.

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Indian stock markets have staged a cautious rebound following a sharp sell-off in March. The rally, driven by short covering and domestic institutional buying, faces skepticism amid ongoing foreign investor sales. Traders are waiting for clarity on the West Asia conflict before further commitments.

 

 

 

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