Market

BSE, NSE shut today on account of Ramzan Id

By Administrator_ India

Capital Sands

The NSE of India and the BSE will remain closed on May 13 on account of Id-Ul-Fitr (Ramzan Id).

Wholesale commodity markets, including metal and bullion, will also remain shut. There will be no trading activity in the forex and commodity futures markets as well.

On May 12, the Sensex was down 471.01 points or 0.96% at 48690.80, and the Nifty was down 154.30 points or 1.04% at 14696.50.

On the sectoral front, the Nifty PSU Bank index rose over 3 percent, while Nifty Bank, metal, and energy indices fell 1-3 percent.

Tata Steel, Hindalco Industries, JSW Steel, IndusInd Bank, and HUL were among the top losers on the Nifty. Gainers included Tata Motors, Titan Company, Maruti Suzuki, Power Grid Corp, and UPL.

On the BSE, except auto, all other sectoral indices ended in the red with metal, bank, and oil & gas indices shedding 1-3 percent.

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