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All significant monetary markets consisting of BSE, National Stock market, currency and financial obligation markets will remain closed on Friday on account of Maharashtra Day.
Wholesale product markets, including metal and bullion, will likewise stay shut and there will be no trading activity in the Forex (Click Here For Best Forex Techniques) and commodity futures markets as well.
Monetary markets will resume trading on 4 April.
On Thursday, the rally advanced the domestic bourses for the fourth consecutive session and ended the week with the gain of 7 percent. The benchmark indices ended higher for the 4th consecutive day with Awesome ending April series above 9,850 level.
At close, the Sensex was up 997.46 points or 3.05 percent at 33717.62, and the Nifty was up 306.55 points or 3.21 percent at 9859.90 About 1316 shares have advanced, 1084 shares decreased, and 165 shares are the same.
Sectorally, all indices ended in green except pharma and media. The BSE Midcap and Smallcap indices rose over 1 percent each. However metal, IT and automobile indices ended with a gain of more than 5 percent. Tata Motors, UPL and ONGC lead the gains while Cipla, HUL and Sun Pharma traded as leading laggards.
Shares of Glenmark Pharmaceuticals Ltd rose almost 9 percent in early trade after it said it had become the very first business in India to receive approval from Drug Controller General of India (DCGI) to perform clinical trials of Favipiravir antiviral tablets for the treatment of COVID-19 patients.Shares of Glenmark Pharmaceuticals pared some gains and were trading up 4.8 percent at mid-session.
The Indian rupee rose 57 paise to close at 75.09(provisionary) versus the United States dollar on Thursday, amid higher domestic equity markets and a weak American currency in the overseas market.
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Upgraded Date: May 01, 2020 09: 47: 55 IST.
Markets open on unfavorable note: Sensex tips over 300 points, Nifty slips; HUL, Kotak Bank, ONGC amongst leading losers
Stock Market Newest Updates: Sensex plunges 2,002 points, Nifty below 9,300; other than pharma, all other sectoral indices end in red
Markets end week with gain of 7%: Sensex soars 997 points to end at 33,717, Cool surges to 9,860; Tata Motors, ONGC major gainers