Stock Market Holidays 2022: NSE, BSE to remain shut on 3 May on account of Id-Ul-Fitr; MCX, NCDEX to open at this time

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Stock Market Holidays 2022:  Indian equity markets will remain shut on 3 May 2022 (Tuesday) on account of Id-Ul-Fitr (Ramzan Id). The curtailed trading week will have 4 sessions.

Meanwhile, India’s largest commodity exchange the Multi Commodity Exchange of India (MCX) will remain shut during the first half session that is between 9 am and 5 pm. The trading will resume on MCX after 5 pm on this day and will close at 11:30/11:55.

As for NCDEX or National Commodity & Derivatives Exchange, the trading will remain closed in the first session between 9 am and 5 pm. It will resume from 5 am and end at 9 pm.      

The list of stock market trading holidays 2022 can be found on BSE and NSE website.

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Indian Stock markets ended the week in red. The BSE Sensex fell over 460 points or 0.8 per cent to settle at 57060.87 while the Nifty50 ended at 17102.55, falling down by 142 points or 0.8 per cent. Bank Nifty fell nearly 1 per cent or by 334 points to close at 36088.15.

The correction was witnessed even in the broader markets as Nifty Midcap 100 declined by over 250 points to end the last weekly trading session at 29880.35.

The Foreign Institutional Investors (FIIs) were net sellers on Friday and sold Indian equities worth Rs 3648 cr in the cash market. Meanwhile, the Domestic Institutional Investors (DIIs) bought shares worth Rs 3490. 

During the year markets will remain closed on 7 other occasions – 3 each in August and October and once in November.