There will be no action on the bourses today, September 19; Here’s why
Stocks to Watch on Tuesday: There will be no action on the bourses today, September 19. Both the stock exchanges, NSE and BSE, will remain closed on that day on account of Ganesh Chaturthi. The equity, equity derivatives, currency derivatives, interest rate derivatives as well as securities lending and borrowing (SLB) segments will be unavailable on September 19.
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So, trading in the equity Segment, equity derivative segment, and SLB segment will remain closed on Tuesday. In fact, as per the full list of the market holidays for 2023, there will be no action in the currency-derivating segment as well. Trading in the commodity derivatives segment and Electronic Gold Receipts (EGR) will also be affected due to the Ganesh Chaturthi festival falling on Tuesday. Trading in the commodity derivative segment during the morning shift from 9:00 AM to 5:00 PM will remain closed but it will resume at 5:00 PM for the evening session. So, trading in the commodity segment will remain suspended from morning 9:00 AM to 5:00 PM but it will remain open from 5:00 PM to 11:30 PM.
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Ganesh Chaturthi 2023 is the only stock market holiday falling in September 2023. The next stock market holiday falls on 2nd October 2023 for Mahatma Gandhi Jayanti. The last stock market holiday was on 15th August 2023 for the Independence Day celebration across the nation.
How to check the list of stock market holidays
Login at the BSE website — bseindia.com, look at the top of the home page, and click on trading holidays in the dark blue strip (second from the top).
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How did BSE, and NSE perform on Monday?
On September 18, the Indian benchmark indices ended near the day’s low with the Sensex falling 241.79 points or 0.36 per cent to 67,596.84, and the Nifty ending 20,133.30, down 59 points or 0.29 per cent.
Top losers on the Nifty included Hindalco Industries, Jio Financial, HDFC Bank, Bharti Airtel and Adani Ports, while gainers were Titan Company, M&M, BPCL, HDFC Life and Power Grid Corporation.
On the sectoral front, PSU Bank index gained 3.4 per cent, power, auto and FMCG indices up 0.5-.8 per cent, while realty and metal indices shed 1 percent each, while bank, IT, pharma and pharma down 0.5 per cent each.
The BSE midcap index fell 0.25 per cent and Smallcap index down 0.5 per cent.
