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BSE, NSE shut nowadays on account of Ganesha Chaturthi.

The National Stock Exchange (NSE) and BSE will remain closed for trading on September 2, 2019, on account of Ganesh Chaturthi.


Wholesale commodity markets, including metal and bullion, too will remain closed for trade. There will be no trading activity in forex and commodity futures markets as well. The benchmark indices, on August 31, ended the volatile session of the first day of the September F&O series on the higher note with Nifty finished above 11,000 marks.

The Sensex was up 263.86 points at 37,332.79, while Nifty was up 85.60 points at 11,033.90. The BSE Midcap and Smallcap index was up 1 percent and 0.8 percent, respectively. Bharti Infratel, Coal India, Power Grid, Eicher Motors, and ONGC were among major losers on the Nifty, while gainers were Yes Bank, Sun Pharma, IndusInd Bank, Zee Entertainment and Tata Steel.

"Nifty formed a Hammer candle on the daily scale. Now it has to continue to hold above 11,000 levels to witness an upmove towards 11,111 then 11,141 levels while on the downside supports are seen at 10,950 then 10,880 levels," Chandan Taparia, Associate Vice President | Analyst-Derivatives at Motilal Oswal Financial Services said.

Oil Caps Its Worst Month Since May as Trade

Oil extended its biggest monthly decline since May as concern over U.S.-China trade tensions outweighed signs that OPEC’s supply cuts are trimming stockpiles. Futures fell 2.8% in New York, extending the month’s slide to almost 6%. Concerns about the demand for swelling U.S. production have been stoked as China gets set to start taxing U.S. oil from Sunday. American oil explorers, even as they cut drilling to a 19-month low, are producing record volumes of crude.


Market News | NSE | BSE | Oil Prices | Ganesh Chaturthi 

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