Stock market update: List of market holidays in July

The banal marketplace is closed connected festivals and the weekends. Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) volition beryllium closed for 9 days, including the weekends successful the period of July. Here is simply a database of holidays for July, investors tin marque their decisions accordingly.

July 7, 2024: Sunday, Weekend

July 13, 2024: Saturday, Weekend

July 14, 2024: Sunday, Weekend

July 17, 2024: Wednesday, Moharram

July 20, 2024: Saturday, Weekend

July 21, 2024: Sunday, Weekend

July 27, 2024: Saturday, Weekend

July 28, 2024: Sunday, Weekend

The Bombay Stock Exchange (BSE) closed astatine Rs79,032.73, a dip of 0.29% connected the past trading time of June. The National Stock Exchange (NSE) closed astatine Rs24,010.60, a autumn of 0.14% connected the past trading time of June.

“The government's continuity pursuing the predetermination results guarantees ongoing reforms. This has led to an improved GDP maturation forecast, attracting Foreign Portfolio Investment (FPI) buying. However, the FPI buying has been focused connected a fewer circumstantial stocks alternatively than being wide crossed the marketplace oregon sectors. This is due to the fact that Indian equities are inactive considered overvalued by FPIs,” Vipul Bhowar, Director, Listed Investments, Waterfield Advisors said connected the marketplace performance.

“FPIs are favouring the financial, auto, superior goods, existent estate, and prime user sectors. It is expected that FPIs volition marque selective investments successful circumstantial sectors and stocks alternatively of broad-based buying crossed the market.” Bhowar said regarding the outlook for the market.

“While India would proceed to beryllium a preferred marketplace for FPI flows, the existent inflows whitethorn not beryllium the highest among emerging markets owed to intermittent volatility and shifting planetary capitalist sentiments. However, the semipermanent outlook remains positive, providing reassurance astir the stableness of FPI flows successful India,” helium added.

On the interaction of India’s inclusion successful the JPMorgan emerging markets scale from June 28, 2024, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said, “India’s inclusion successful the JP Morgan Bond Index is surely positive. The indebtedness inflows for 2024 truthful acold stands astatine ₹68,674 crore. In the agelong word this volition trim the outgo of borrowing for the authorities and trim the outgo of superior for corporates. This is affirmative for the system and truthful for the equity market.”