Eid ul-Fitr is celebrated by Muslims worldwide to mark end of Ramadan, the month of fastingThe BSE Sensex and NSE Nifty are closed for trading today i.e.
Might 13 on account of Id-Ul-Fitr or Ramzan Eid.
Eid ul-Fitr is commemorated by Muslims worldwide to mark the end of Ramadan, the month of fasting.
The commodities and currency markets will also stay closed for Id-Ul-Fitra.
On the economy front, retail inflation alleviated to 4.29 per cent in April 2021 owing to a drop in food costs, government information launched post market hours on Wednesday showed.Overnight, the U.S stocks suffered the biggest slump in at least 11 weeks on Wednesday and benchmark Treasury yields leapt after data revealed customer prices in April all of a sudden increased by the highest level in almost 12 years.
The Dow Jones shed 2 per cent, the S&P 500 dropped 2.1 per cent and Nasdaq Composite lost 2.7 per cent.The domestic criteria indices had declined for the second consecutive session on Wednesday, with the Sensex ending lower by 471 points or one per cent and Nifty declining 154 indicate settle at 14,696.