Today is the Eid al-Fitr holiday, and the BSE and NSE will stay closed

Today is the Eid al-Fitr holiday, and the BSE and NSE will stay closed.

On Friday, April 12, trading on the NSE and BSE will restart.

On April 11, in observance of Id-Ul-Fitr (Ramzan Id), the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will stay closed. The day will see no trading in interest rate derivatives, stocks, SLBs, currency derivatives, or derivatives involving derivatives.

The morning session will see the commodities derivatives sector closed from 9 a.m. to 5 p.m., while the evening session will stay open from 5 p.m. to 11:55 p.m.

On Friday, April 12, trading on the NSE and BSE will restart.

The major indexes closed higher on April 10, with the Sensex closing in on its all-time high and the Nifty setting a new record high. The Nifty was up 111.00 points, or 0.49 percent, to 22,753.80 at the closing, while the Sensex was up 354.45 points, or 0.47 percent, to 75,038.15.

On the Nifty, the biggest losers were Cipla, Maruti Suzuki, HDFC Life, Divis Labs, and SBI Life Insurance, while the top gainers were Coal India, BPCL, Kotak Mahindra Bank, ITC, and Hindalco Industries.

With the exception of the pharmaceutical industry, every sectoral index saw a gain of 1-2 percent, including the media, PSU Bank, FMCG, Metal, and Oil & Gas.

Both the BSE SmallCap and MidCap indexes saw a 0.5 percent increase.

"Markets continued the current trend, edging upward and gaining roughly half a percent. Following the initial surge higher, the Nifty spent the most of the day stuck in the range until settling at 22,753.80. Energy, metal, and FMCG were among the biggest gainers, and most other sectors followed suit. After a two-day break, the wider indexes also saw a little increase, gaining between 0.7 and 0.9 percent, according to Religare Broking's SVP of Technical Research, Ajit Mishra.

"The index is rising a little bit each day because to rotational purchasing across industries and stability on the international front. In the Nifty, our target range is 22,850–23,100. Should there be any profit-taking, we anticipate that the 22,350–22,500 range would serve as a solid support. "Participants should plan their positions accordingly as the start of the earnings season will cause stock-specific volatility ahead," the speaker said.

The rupee finished at 83.19 versus the dollar on Wednesday, up 12 paise from Monday's closing of 83.31.

"The value of the Indian rupee was steady. The dollar index continued its sideways pattern as it awaited new catalysts from the US CPI data that were due out on Wednesday night. The rupee is anticipated to be supported by the resilience of the economy, although pressure from geopolitical tensions across the world might be felt. Support and resistance levels for the rupee are 83.45-83.55 and 83.15-83.20, respectively, according to Jateen Trivedi, vice president and research analyst at LKP Securities.