There will be no action in Equity Segment, Equity Derivative Segment and SLB Segment, according to the list of stock market holidays 2022, available on the official BSE website –
bseindia.com.
However, commodity markets will observe holidays only during the morning session, that is, 9 am to 5 pm on Tuesday but the trading will happen in the evening session on Tuesday.
On the other hand, domestic equity markets kicked off the new week on a strong note as the BSE Sensex rose more than 500 points to March towards the 59,000 mark again. NSE’s Nifty 50 Index rose more than 150 points to top 17,550 level.
The better-than-expected US jobs data boosted the morale of the investors, who took a breather amid the rising buzz of recession and muted economic activities across the globe.
Wall Street closed mostly flat on Monday after blockbuster jobs data last week reinforced expectations the Federal Reserve will crack down on inflation, while a revenue warning from chipmaker Nvidia reminded investors of a slowing U.S. economy.
Meanwhile, Asian shares were down on Tuesday as financial markets fretted about persistent global cost pressures, with investors turning their focus this week to U.S. inflation data and the prospects for further aggressive Federal Reserve rate hikes.
