On March 14, 2025, in observance of the Holi festival, the Indian stock markets, BSE (Bombay Stock Exchange), NSE (National Stock Exchange), will remain closed. Trading across different segments such as equity derivatives, securities lending and borrowing (SLB), currency derivatives and electronic gold receipts (EGR) will be put on pause for the day.
The festival of color, also known as Holi, would mark the Hindu celebration of the end of winter, a sign that it was time to usher in spring, and the new season. This is a time of contemporary, happy times when people spend time in the play with various colourful materials, plays and winks, singing, and social parties. Apart from that, the festival is a sign of victory of good over evil, demonstrating renewal and positivity.
On March 12, 2025, Indian benchmark indices got a mixed trading on the head of the holiday. The BSE Sensex was trading 170 points up at 74,270; it scaled an intraday high of 74,392 and then reversed its gains. Earlier it had dipped to 73,598, down 794 from the peak, and finally settled at 74,030, a fall of 73 points (0.1%)—its fourth straight session of losses.
The NSE Nifty 50 also hit a high of 22,577 and then fell 247 points to 22,330. It finally had to close 27 points lower at 22,470.
Of Sensex stocks, IndusInd Bank recorded the top gains, jumping nearly 5 per cent, followed by Tata Motors, Kotak Bank, Bajaj Finance, ITC, HDFC Bank and Sun Pharma with 1 to 3%.
Conversely, Infosys, which leads the IT sector, has fallen more than 4%. Nestle India, HCL Technologies, TCS, Asian Paints, Axis Bank, Adani Ports, Hindustan Unilever, Zomato, and SBI also closed with a loss of between 1 and 3 percent.
Markets will open on Monday, March 17, after being closed on March 14, 2025.
Join our whatsapp group for Latest updates
Click Here for Chhattisgarh News
Click Here for Entertainment News