New Delhi [India], As reported on the official website of the National Stock Exchange (NSE), the Indian stock market is closed for trading today in view of Bakri Eid, trading will resume on Tuesday.
The closure covers all segments including stocks, derivatives and SLB (securities lending and borrowing). Additionally, the Multi Commodity Exchange of India Limited (MCX) is closed for the morning session, but will remain open in the evening from 5:00 pm to 11:30 pm or 11:55 pm.
Last week, the Nifty-50 index and BSE Sensex gained a modest 0.5 per cent each, hitting new all-time highs as market expectations turned more bullish.
The mid-cap index outperformed other segments with a gain of about 3.6 per cent and the small-cap index outperformed large-cap stocks with a gain of 5 per cent.This uptick in market sentiment indicates stability after the Lok Sabha elections.
Market experts attribute the momentum to better-than-expected Q4FY20 earnings across several key sectors.
From an economic perspective, May's consumer price index (CPI) inflation stood at 4.75 per cent, close to April's figure of 4.83 per cent, while food inflation remained high at 8.7 per cent.
Most sector indices witnessed weekly gains, with sectors like Capital Goods, Consumer Durables, Oil & Gas, Auto, Metals, Realty and Power rising between 1.5 per cent and 5 per cent.
Only a slight rise was seen in Bank Nifty during the week.In contrast, the IT and FMCG indices declined about 1 per cent each.
"Both foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) were net buyers throughout the week. Going forward, D-Street will focus on macroeconomic trends, inflation and global developments, including geopolitical concerns," Shrikant Chauhan, The chief commented. Equity Researcher at Kotak Securities.
On Monday, Japan's Nikkei 225 index opened bearishly in Asian markets and fell more than 700 points to 38,106.41.In contrast, Hong Kong markets saw gains, with the Hang Seng index rising 100 points to 18,041.60.
Taiwan markets also opened with slight gains. However, China's markets showed a bearish trend, with the Shanghai Composite Index falling to 3,016 points at the time of filing this report.
Market experts highlight that the coming week is likely to see a continued focus on macroeconomic factors, inflation rates and international political developments, all of which could significantly impact market performance. As Indian markets resume trading on Tuesday, investors will be closely watching any changes in these key sectors to gauge future market direction.
The closure covers all segments including stocks, derivatives and SLB (securities lending and borrowing). Additionally, the Multi Commodity Exchange of India Limited (MCX) is closed for the morning session, but will remain open in the evening from 5:00 pm to 11:30 pm or 11:55 pm.
Last week, the Nifty-50 index and BSE Sensex gained a modest 0.5 per cent each, hitting new all-time highs as market expectations turned more bullish.
The mid-cap index outperformed other segments with a gain of about 3.6 per cent and the small-cap index outperformed large-cap stocks with a gain of 5 per cent.This uptick in market sentiment indicates stability after the Lok Sabha elections.
Market experts attribute the momentum to better-than-expected Q4FY20 earnings across several key sectors.
From an economic perspective, May's consumer price index (CPI) inflation stood at 4.75 per cent, close to April's figure of 4.83 per cent, while food inflation remained high at 8.7 per cent.
Most sector indices witnessed weekly gains, with sectors like Capital Goods, Consumer Durables, Oil & Gas, Auto, Metals, Realty and Power rising between 1.5 per cent and 5 per cent.
Only a slight rise was seen in Bank Nifty during the week.In contrast, the IT and FMCG indices declined about 1 per cent each.
"Both foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) were net buyers throughout the week. Going forward, D-Street will focus on macroeconomic trends, inflation and global developments, including geopolitical concerns," Shrikant Chauhan, The chief commented. Equity Researcher at Kotak Securities.
On Monday, Japan's Nikkei 225 index opened bearishly in Asian markets and fell more than 700 points to 38,106.41.In contrast, Hong Kong markets saw gains, with the Hang Seng index rising 100 points to 18,041.60.
Taiwan markets also opened with slight gains. However, China's markets showed a bearish trend, with the Shanghai Composite Index falling to 3,016 points at the time of filing this report.
Market experts highlight that the coming week is likely to see a continued focus on macroeconomic factors, inflation rates and international political developments, all of which could significantly impact market performance. As Indian markets resume trading on Tuesday, investors will be closely watching any changes in these key sectors to gauge future market direction.
