Domestic equity and financial markets are closed for trading today on account of the Maharashtra assembly elections. All segments, including equity, derivatives, and securities lending and borrowing (SLB), remain closed. The public holiday is also for capital markets, futures and option divisions.
Yesterday, the domestic benchmark equity indices regained their positive momentum after days of downtrend, driven by value-buying at lower levels and rally in blue-chip stocks. Snapping its four-day falling trend, the 30-share BSE Sensex rose 239 points, or 0.31 percent, to close at 77,578, while the NSE Nifty50 added 65 points, or 0.28 percent, to settle at 23,518, reversing its seven day losing streak. Profit booking at higher levels and rising tensions between Russia and Ukraine had weighed heavily on the markets during the final hour of trade yesterday, causing both frontline indices to retreat sharply from their intra-day highs.
Meanwhile, the broader market at the Bombay Stock Exchange had also ended in positive territory. The Mid-Cap index had gained 0.94 percent, and the Small-Cap index added 0.9 percent.