Stock Market Holiday Today: BSE, NSE Closed for Holi; Trading to Resume on March 17
Stock Market Holiday Today : The Indian stock markets, including the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), are closed today, March 14, 2025, on account of the Holi festival. Trading activities across equities, derivatives, SLBs, currency derivatives, and interest rate derivatives will remain suspended for the day.
Market Closure Details
While stock and derivatives trading will not take place in the morning session, there will be some activity in the commodity market. The commodity derivatives segment will be closed in the morning session from 9:00 AM to 5:00 PM, but will reopen for the evening session from 5:00 PM to 11:55 PM.
Normal trading across segments will resume on March 17, Monday. Investors will now look forward to how the market reacts to recent economic data and global cues when it reopens next week.
Stock Market Performance on March 13
On the last trading session before the holiday, March 13, Indian stock markets witnessed a volatile session, ultimately closing lower. The benchmark indices, BSE Sensex and Nifty 50, ended in the red despite positive macroeconomic indicators.
- Sensex dropped 200.85 points (-0.27%) to close at 73,828.91.
- Nifty 50 declined 73.30 points (-0.33%) to settle at 22,397.20.
- BSE Midcap and Smallcap indices both shed 0.7%, reflecting broad-based weakness in the market.
Top Gainers and Losers
Among the Nifty 50 stocks, the major losers included:
- Shriram Finance
- Tata Motors
- Hero MotoCorp
- IndusInd Bank
- Hindalco Industries
On the other hand, stocks that gained included:
- Bharat Electronics
- State Bank of India (SBI)
- ICICI Bank
- Cipla
- NTPC
Sectoral Performance
Market movement was influenced by sectoral trends, with the auto, IT, metal, media, and realty sectors declining by 0.5% to 1%. In contrast, the PSU Bank index was the only sector that saw a rise, gaining 0.5%.
Expert Market Analysis
According to Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, the Nifty showed choppy movement, and the market weakness indicates a narrow range-bound trend with a negative bias.
Key technical levels to watch:
- If Nifty crosses 22,600, it could trigger renewed buying interest, potentially pushing it towards 23,000.
- However, a breakdown below 22,300 might lead to further declines, testing 22,000 levels.
Indian Rupee Performance
The Indian rupee closed 21 paise higher at 87 per US dollar on Thursday compared to its previous close of 87.21. The rupee gained strength due to positive domestic economic indicators and a decline in crude oil prices.
Dilip Parmar, Research Analyst at HDFC Securities, stated that the rupee’s recovery was driven by:
- Retail inflation (CPI) remaining within RBI’s mandate
- Strong industrial production (IIP) growth
- Declining crude oil prices
- Strengthening regional currencies
Key USD/INR levels to monitor:
- Support: 86.48
- Resistance: 87.40
Key Financial Ratios (As of March 13)
| Index/Stock | Closing Price | Daily Change (%) | 52-Week High | 52-Week Low | P/E Ratio | Dividend Yield (%) |
|---|---|---|---|---|---|---|
| BSE Sensex | 73,828.91 | -0.27% | 75,000 | 59,500 | 22.5 | 1.2% |
| Nifty 50 | 22,397.20 | -0.33% | 22,750 | 17,850 | 21.8 | 1.3% |
| Shriram Finance | 2,120 | -2.5% | 2,300 | 1,450 | 17.2 | 2.0% |
| Tata Motors | 925.40 | -1.8% | 1,015 | 685 | 20.5 | 0.9% |
| ICICI Bank | 1,025.50 | +1.2% | 1,100 | 850 | 18.9 | 1.5% |
| SBI | 725.75 | +0.8% | 800 | 610 | 9.5 | 2.5% |
Market Outlook for Next Week
As the market reopens on March 17, investors will closely monitor:
- Global market trends and US inflation data
- FII and DII investment flows
- Crude oil price fluctuations
- Any fresh geopolitical developments
The technical outlook suggests a range-bound market with key resistance at 22,600 and support at 22,300. A decisive break in either direction will dictate the next market move.
Frequently Asked Questions (FAQs)
Q1: Why is the stock market closed today?
A: The BSE and NSE are closed on March 14 due to the Holi holiday. Trading will resume on March 17.
Q2: Will commodity trading also be closed?
A: Yes, the commodity derivatives segment will be closed from 9:00 AM to 5:00 PM, but will be open from 5:00 PM to 11:55 PM.
Q3: What was the market trend on March 13?
A: The Sensex fell by 200.85 points (-0.27%) and the Nifty 50 declined by 73.30 points (-0.33%). Midcap and smallcap stocks also dropped by 0.7% each.
Q4: Which stocks performed the best and worst?
A: Top gainers included Bharat Electronics, SBI, ICICI Bank, Cipla, and NTPC. Major losers were Shriram Finance, Tata Motors, Hero MotoCorp, IndusInd Bank, and Hindalco Industries.
Q5: How did the Indian rupee perform?
A: The rupee strengthened by 21 paise, closing at 87 per USD, driven by strong economic data and lower crude oil prices.
Q6: What are the key levels to watch in Nifty?
A: If Nifty crosses 22,600, it may move up to 23,000. A decline below 22,300 could push it down to 22,000.
By keeping an eye on these key levels and market indicators, investors can be better prepared for the week ahead.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.