Sensex, Nifty shut on Tuesday due to Mahashivratri

28 Feb 2022 , 04:02 PM

The BSE and NSE will be shut for trading on Thursday, March 1 on account of Mahashivratri. The currency markets will also be closed during the day, while the commodity markets will be closed in the morning session, but will resume trading in the evening.

The stock market and currency market will reopen for trading on March 2 i.e. Wednesday.

The BSE Sensex rebounded from day’s low to close in the green as investors turned optimistic amid hopes for Russia-Ukraine negotiations. Ukraine said that negotiations with Moscow would be held at the Belarusian-Ukrainian border.

Tata Steel, PowerGrid, Reliance Industries, Titan, NTPC, L&T, Asian Paints and ICICI Bank were the major gainers on the 30-share BSE index, whereas Dr Reddy’s, Axis Bank, M&M, HDFC twins (HDFC and HDFC Bank) settled in the red.

 Most sectoral indices ended positively. Nifty Metal increased the most by 4.8% followed by Nifty IT (+0.98%). Russia launched an attack on Ukraine last week, the scale of which, startled the markets, triggering a spike in volatility.