Both Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain closed for trading today, October 2, on account of Gandhi Jayanti.
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On Monday, there will be no trading activities in equities, equity derivatives, interest rate derivatives, and currency derivatives. Additionally, securities lending and borrowing services will also be not operational. Furthermore, wholesale commodity markets, including metal and bullion, will also observe closure.
On September 29, the Indian equity indices ended on a higher note with Nifty above 19,600. At close, Sensex closed at 65,828.41, up 320 points, or 0.49%, while Nifty closed the day at 19,638.30, up 115 points, or 0.59%. BSE Midcap index rose 1.3 percent and BSE Smallcap index up 0.6%.
Major gainers on the Nifty included Hindalco Industries, NTPC, Hero MotoCorp, Dr Reddy's Laboratories and Tata Motors, while losers were Adani Enterprises, LTIMindtree, HCL Technologies, Tech Mahindra and Infosys.
Among sectors, except Information Technology, all other sectoral indices ended in the green with metal, power, oil & gas, PSU Bank and healthcare indices up 1-3% each.
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"On the daily charts, we can see that the Nifty has not witnessed follow-through selling pressure from the previous session. In fact, it managed to close above 19,600, which is a positive sign. On the hourly charts, we can observe an Impulse i.e. a five-wave advance which helps us to assume that the low of 19,492 is a short-term bottom in place," Jatin Gedia, technical research analyst at Sharekhan by BNP Paribas, was quoted as saying by Moneycontrol.
On Friday, Indian Rupee ended 14 paise higher at 83.04 per dollar versus previous close of 83.18. The domestic currency had opened marginally higher at 83.13 per dollar on September 29.