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BSE(Bombay Stock Exchange), NSE(National stock exchange) Closed Due To Bakrid

By Ruchi Upadhyay 
Updated Date
BSE(Bombay Stock Exchange), NSE(National stock exchange) Closed Due To Bakrid

National Stock Exchange of India Limited is the leading stock exchange of India, located in Mumbai, Maharashtra. It is under the ownership of Some leading financial institutions, Banks, and Insurance companies. BSE Limited, also known as the Bombay Stock Exchange, is an Indian stock exchange located on Dalal Street in Mumbai.

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Domestic markets will remain shut on Wednesday, July 21 on account of Eid-ul-adha 2021 or Bakrid 2021. Banks across the country will remain closed for Eid al Adha on July 21.

Eid al-Adha, also known as Bakrid, is the second of Muslim festivals celebrated worldwide each year. The festival is celebrated to honour the willingness of Prophet Ibrahim to sacrifice his son, as an act of submission to God’s command.
On Tuesday, the benchmark indices fell for the third straight day; the BSE Sensex declined 0.68 per cent to close at 52,198.51 and NSE Nifty dipped 0.76 per cent.
BSE, NSE Shut On Account Of Bakri-Id Trading in equity, debt, currency and commodity markets will resume on Wednesday, July 22

BSE, NSE Closed Today For Bakri-Id Holiday: The domestic equity and forex markets will remain shut today i.e. July 21 on account of Bakri-Id. The multi commodity exchange will, however, open in the evening session, from 5 pm to 11:55 pm. Trading in equity, debt, currency and commodity markets will resume on Wednesday, July 22.
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On Tuesday, the benchmark indices fell for the third straight day as rising coronavirus cases led to a global sell-off. The BSE Sensex declined 354.89 points or 0.68 per cent to close at 52,198.51 and NSE Nifty dipped 120.30 points or 0.76 per cent to 15,632.10.

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And the rupee reversed early losses to close 27 paise higher at 74.61 against the US dollar on Tuesday amid a weak greenback overseas. At the inter-bank Foreign exchange market, the domestic currency witnessed heavy volatility; the local unit opened weak at 74.93 a dollar and touched a low of 74.95 and high of 74.55 during the day.
The Sensex ended down 354.89 points or 0.68% at 52,198.51 and the Nifty was down 120.30 points at 15,632.10.

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