ANI
10 Sep 2019, 10:25 GMT+10
Mumbai (Maharashtra) [India], Sep 10 (ANI): The National Stock Exchange of India Ltd and BSE Ltd were closed for trading on Tuesday on account of Muharram, which is observed by a section of the Muslim community.
There was no trading activity in forex and commodity futures markets as well. Wholesale commodity markets including metal and bullion too were closed for trade.
A day earlier, equity benchmark indices continued to gain with the Nifty rising for the fourth consecutive session and closed above the psychological 11,000 mark.
In the opening trade, indices were dragged lower as hopes of a cut in Goods and Service Tax (GST) rate for the beleaguered and labour-intensive automobile sector faded. The market recouped initial losses and trended higher for the rest of the session on positive global cues.
Meanwhile, Asian stocks were little moved on Tuesday ahead of the European Central Bank's (ECB's) upcoming meeting with MSCI's broadest index of Asia Pacific shares outside Japan unchanged. Japan's Nikkei stock index was up 0.37 per cent while Shanghai Composite Index fell 0.36 per cent.
The ECB is likely to introduce a package of monetary easing and stimulus measures on Thursday due to the ongoing US-China trade war and signs of a global economic slowdown.
The US Federal Reserve is also widely expected to cut interest rates next week as policymakers try to protect the global economy from risks, which also include Britain's planned exit from the European Union.
(ANI)Get a daily dose of South America Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to South America Times.
More InformationMOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...
WASHINGTON, D.C.: President Donald Trump claimed he was unaware that the term shylock is regarded as antisemitic when he used it in...
Windhoek [Namibia], July 9 (ANI): Prime Minister Narendra Modi was greeted with a warm and culturally rich welcome upon his arrival...
(250709) -- MONTEGO BAY, July 9, 2025 (Xinhua) -- Participants attend a press conference of the closing ceremony of the 49th Regular...
Windhoek [Namibia], July 9 (ANI): The Indian diaspora in Namibia expressed immense excitement and anticipation as Prime Minister Narendra...
Windhoek [Namibia], July 9 (ANI): Prime Minister Narendra Modi arrived in Windhoek, the capital of Namibia, on Wednesday morning (local...
New Delhi [India], July 9 (ANI): Congress General Secretary Incharge of Communication, Jairam Ramesh on Wednesday launched a fresh...
The delay adds yet another twist to Trump's original 90 deals in 90 days promise -- so far yielding only two vague trade agreements...