Stock market Holiday today: Stock exchanges, BSE and NSE, will be closed on Wednesday on account of Mahashivaratri. During a market holiday, trading in equities, derivatives, and all other segments will remain suspended for the day. This will be the first official trading holiday for the current calendar year, which has a total of 14 days off.
In the month of March, there are two holidays scheduled for Holi (March 14) and Ramzan Id (March 31).
With regards to commodity trading, the multi commodity exchange (MCX) will be shut for only the first half of the day. The exchange operates in two sessions — the morning (9 am to 5 pm) and the evening (5 pm to 11:55 pm). During Mahashivartri, trading will be done normally during the evening session.
Mahashivaratri, which is a celebration of sorts of Hindu deity «Shiva», assumes strong significance in India's religious calendar. The festival is celebrated annually and falls on the 14th night of the new moon in the Hindu month of Phalguna (February-March).
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