The Indian stock exchanges will remain closed on Monday, November 27, on account of Guru Nanak Jayanti. Trading in the equity derivative segment, equity segment, the SLB segment and the currency derivatives segment as well as the interest rate derivatives segment will remain shut through the day.

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The Multi Commodity of India Limited (MCX) is also closed for morning trading on November 27.

Trading on both the stock exchanges — NSE and BSE — will resume on Tuesday, November 28.

The stock market remained closed for 13 weekdays, excluding Nov 27, due to various festivals and designated holidays in 2023 so far. In December, the only day when there will be no trading in the stock markets is December 25, Christmas.

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On Friday, November 24, the indices ended on a flat note. Tech stocks continued to exert downward pressure, leaving the Nifty below the 19,800 mark. The Sensex recorded a fall of 48 points, closing at 65,970. However, the broader market showcased resilience, outperforming the major indices.

HDFC Bank and ICICI Bank were the top contributors to the Nifty Bank upside, with the banking sector gaining 192 points to reach 43,769. The Midcap Index rose 23 points to 42,050.

Sensex and Nifty ended marginally higher for the week. The Midcap Index extended its upward trajectory for the fourth consecutive week, marking a 0.6% gain, while Nifty Bank recorded a 0.5% increase. In terms of sectors, realty, metal, and pharma emerged as the top gainers, while PSU banks and IT faced the most significant declines.

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First Published:Nov 24, 2023 5:08 PM IST