Muharram, the first month of the Islamic Hijri calendar and one of Islam’s four sacred months, began on June 27 this year. It holds deep spiritual significance, symbolising sacrifice, peace, and unity. The 10th day of Muharram, known as Ashura, falls on Sunday, July 6, and is observed differently across Islamic communities, with mourning processions … Read more
The Indian stock market will remain closed on Thursday, May 1, on account of Maharashtra Day. According to the holiday calendar of the exchanges BSE and NSE, all market segments including equity, derivatives, and SLB (Securities Lending and Borrowing) will remain shut for the day. Despite the market being closed, several important companies like Adani … Read more
India’s abrupt move to suspend equities and currency trading gave global investors a reminder of how the Wall Street-favored market can still act more like a frontier economy. To celebrate the opening of a major Hindu temple, bourses said late Friday that the nation’s $4.3 trillion stock market would be closed Monday and instead trade … Read more
As January 22 was declared a market holiday on account of Ayodhya Ram Mandir Pran Pratishtha, all initial public offerings (IPOs) and listings have been postponed. Nova Agritech IPO, Epack Durable IPO, Brisk Technovision IPO, and Qualitech Labs IPO are among the initial public offerings that have been deferred by a day.In the mainboard segment, … Read more
In between hectic trading days, equity investors will have room for small breathers with four long weekends scheduled in the first three months of the current calendar year. In January, exchanges will remain closed on January 26 on account of Republic Day, which is falling on Friday. Hence, there will be three consecutive days off … Read more