
Indian equity benchmarks settled the calendar year 2023 with double-digit gains. On a year-to-date (YTD) basis, the 30-share BSE Sensex pack gained 18.10 per cent and the broader NSE Nifty index moved 19.42 per cent higher. Despite the mentioned rise, Sensex slipped 170 points or 0.23 per cent to close at 72,240 during the last trading session of 2023 and Nifty fell 47 points or 0.22 per cent to end at 21,731.
"Domestic indices took a breather on the final trading session of the calendar year and settled with a modest cut. A mixed trend on the sectoral front kept the participants busy wherein auto and FMCG edged higher while energy, IT and banking witnessed some profit taking. Besides, the buoyancy on the broader front further eased the pressure," said Ajit Mishra, SVP - Technical Research at Religare Broking.
"We expect Nifty to hold the 21,300-21,500 zone in case of a dip during consolidation and reiterate our positional target of 22,150 level. Participants should stay focused on the selection of stocks and prefer index majors," he mentioned.
After a two-day weekend break, stock markets will be back in action on January 1 next year (Monday). In 2024, there are 14 scheduled stock market holidays excluding weekends, as per BSE.
Here's the complete list of stock market holidays in 2024:
1) January 26, 2024: Friday, Republic Day
2) March 8, 2024: Friday, Mahashivratri
3) March 25, 2024: Monday, Holi
4) March 29, 2024 Friday, Good Friday
5) April 11, 2024: Thursday, Id-Ul-Fitr (Ramzan Id)
6) April 17, 2024: Wednesday, Shri Ram Navmi
7) May 1, 2024: Wednesday, Maharashtra Day
8) June 17, 2024: Monday, Bakri Id
9) July 17, 2024: Wednesday, Moharram
10) August 15, 2024: Thursday, Independence Day
11) October 2, 2024: Wednesday, Mahatma Gandhi Jayanti
12) November 1, 2024: Friday, Diwali Laxmi Pujan
13) November 15, 2024: Friday, Gurunanak Jayanti
14) December 25, 2024: Wednesday, Christmas
Muhurat Trading Schedule 2024: Trading will be conducted on November 1 (Friday). The bourses will notify the timings subsequently.
Also read | Vodafone Idea shares zoom 23% to hit fresh one-year high; here's what analysts say
Also read | Innova Captab shares surge over 14% after mild listing gains; details here
Also read | Modi premium: Every 3rd PSU stock up 100% in 2023, what’s in store for New Year?
Also read | Federal Bank, RBL Bank shares: ICICI Pru AMC gets nod to acquire up to 10% stakes