Stock market holiday today: BSE, NSE to remain shut for Gandhi Jayanti

Market Shut Today

The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on October 2 on account of the Gandhi Jayanti. Trading in derivatives, equities, SLBs, currency derivatives, and interest rate derivatives will remain shut for the day.

The commodity derivatives segment will also remain closed.

Trading on the NSE and the BSE will resume on October 3.

Indian benchmark indices ended lower for the third straight session on October 1 with the Nifty below 25,800 amid widening current account deficit and weak manufacturing data. At close, the Sensex was down 33.49 points or 0.04 percent at 84,266.29, and the Nifty was down 13.95 points or 0.05 percent at 25,796.90.

Tech Mahindra, M&M, Britannia Industries, Adani Enterprises and Infosys were among the top gainers on the Nifty, while losers were IndusInd Bank, ONGC, Asian Paints, Bajaj Auto and Titan Company.

Among sectors, buying was seen in media, auto, and IT, while selling was seen in the telecom, power, FMCG, oil and gas, and realty sectors.

The BSE Midcap index was up 0.3 percent, and the Smallcap index was up 0.5 percent.

"Indian equities started the session on a strong note but the higher levels did not last for long and erased all its gains. In the non-directional trend, the Index oscillated in a thin range and finally ended the session at 25,796.90 with a loss of 13.95 points," said Aditya Gaggar Director of Progressive Shares.

"On the sectoral front, media and IT were the top performers, while energy was the major laggard. Mid and Smallcaps advanced by 0.34 percent and 0.79 percent and outshun the frontline Index," he said.

"After a big, bearish candle, the Nifty50 has formed a doji candlestick with a probable hidden bullish divergence in the RSI. A convincing move above today's high of 25,910 will confirm the divergence and in that scenario, the momentum may extend to 26,000, while on the flip side, a break below 25,750 will drag the index lower to 25,575."

The Indian rupee ended marginally lower at 83.82 per dollar on Tuesday versus Monday's close of 83.80.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.