Thursday, April 14, 2022

TARDING IDEAS FOR MONDAY LIVE MARKET ON 18 APR 2022

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The market will be closed for four consecutive days from today, according to the 2022 stock exchange holiday list available on the official BSE and NSE websites. The equity, forex and derivatives markets are closed for trading on today & tomorrow, April 14th and 15th, on the occasion of Mahavir Jayanti and Good Friday, which is a rare four day break in trading when we include the following weekend.
Commodity markets, however, will only be closed for Thursday's morning session and both Friday's sessions. On Saturday  and Sunday the stock market will be closed for the regular weekly holiday. The market will resume trading on Monday April 18th.


Meanwhile, equity benchmarks erased early gains and settled lower for a third straight day on Wednesday, with the Sensex falling over 237 points, dragged lower by HDFC twins amid continued outflows from foreign funds and mixed global trends .Our markets started the week subdued on Monday on weak global signals. On the same day, the Nifty consolidated mostly showing some weakness and closed below 17,700. However, the following day we saw a decent gap opening due to some nervousness seen in global markets. Although the damage was largely limited, individual stocks still posted decent gains. A similar range bound session was observed on Wednesday to end the shortened week down almost 2% just below the 17,500 level.

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