BSE, NSE remain closed today for Mahashivratri 2022

NEW DELHI: Equity, currency and derivatives markets will be closed for trading on Tuesday, March 1, as the Street and the nation will observe Maha Shivratri.

Commodity markets will be closed for the morning session but will open in the evening.

The market will resume trading on Wednesday, March 2, 2022.


Even though benchmark indices have managed to gain some lost ground in the last couple of days, the market continues to reel under the volatile situation in Europe.

On Monday, pressured by weak global cues, indices opened with cuts but eventually, domestic indices staged a strong recovery lifted by metal stocks. However, selling in banks and financials kept the gains in check.

The 30-share pack Sensex climbed 388.76 points or 0.70 per cent to close at 56,247.28. Its broader peer NSE Nifty advanced 135.50 points or 0.81 per cent to 16,7933.90.

Market breadth was in favour of gainers as 2,115 stocks ended in the green, while 1332 names settled with cuts. As many as 103 securities hit 52-week highs, mostly from the smallcap space.

Meanwhile, 56 names hit 52-week lows, mostly from the microcap space. About 15 stocks hit upper circuit limits and 4 lower circuit limits.

Global markets paused for breath on Tuesday, after days of volatility with Asian shares edging up and gold slipping slightly as investors watched the conflict in Ukraine unfold, and weighed its economic implications, notably regarding energy prices.

MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.5 per cent, while Japan's Nikkei jumped 1.5 per cent in early trading.

Australia's S&P/ASX 200 index rose 1.38 per cent, boosted by financial and tech stocks ahead of a central bank policy meeting, and Chinese blue chips rose 0.5 per cent.