Trade market closed today

Indian stock market for equity, currency, commodity and bond markets will be closed for trading on Monday, on account of Ramadan

Indian stock market ended with losses for the third week on Friday dragged by the major banks such as HDFC, ICICI Bank, Axis Bank . The dalal Street remained unhappy by the RBI’s action today slashing the repo rate by 40 bps to 4%.

Hope in the coming week there will be a chance of slight upward movement since relaxation on the curbs are coming up. However corona cases were spiking day by day which may infest fear among the investors, thinking economy will be down.

Leave a Reply

Your email address will not be published. Required fields are marked *