The BSE Sensex and the National Stock Exchange (NSE) are shut on September 10, 2019, on account of Muharram. There will be no trading in the equity market. Along with it, all wholesale commodity markets, including those of metals and bullion, are closed.
Forex and commodity futures markets will also not conduct any kind of trading today.
The BSE Sensex rallied 164 points or 0.44% to settle at 37,145, while Nifty50 index ended at 11,003, up 57 points.
Yes Bank, UPL, Maruti Suzuki, L&T and Kotak Mahindra Bank were top gainers, whereas HCL Technologies, Infosys, Tech Mahindra, Eicher Motors and Bajaj Auto were losers.
Buying in banking, financial services and infrastructure sectors supported the markets, however selling in information technology stocks, as the rupee moved higher, kept the upside in check.
The Nifty Mid-cap and small-cap shares outperformed the markets rising over 1% each. PSU Bank index surged over 1.5% led by Bank of India, Canara Bank, Union Bank and PNB.
Further, investors will watch out for data on factory output (IIP) for July and retail inflation (CPI inflation) for August, scheduled to be out on Thursday.
Besides, global cues, movement of the crude and currency market trend will also to remain in radar.