Indian share, commodity and forex markets closed on account of Ganesh Chaturthi
1 min readThe Indian inventory, commodity and cash markets will stay shut on Friday, September 10, 2021, on account of Ganesh Chaturthi. They will resume buying and selling on Monday, September 13, 2021.
On Thursday, the benchmark S&P BSE Sensex had ended 54.81 factors (0.09 per cent) greater at 58,305.07, and the broader Nifty 50 on NSE had risen 15.75 factors (0.09 per cent) to settle at 17,369.25.
The rupee snapped its three-day shedding streak to shut 10 paise greater at 73.50 towards the US greenback on Thursday following restoration within the home equities and losses within the greenback in abroad markets forward of the European Central Bank’s coverage assembly.
Commenting on the outlook for Nifty, Nagaraj Shetti, Technical Research Analyst at HDFC Securities mentioned, “The short term trend of Nifty continues to be range bound. Having recovered in the later part of Thursday, there is a possibility of an upside bounce in the next early part of next week before encountering another resistance around 17,500-17,600 levels. Immediate support is placed at 17,200.”
