Maharashtra Elections: National Stock Exchange had issued a notification on November 8 saying that the exchange will remain closed on November 20 due to assembly elections in Maharashtra.
Share Market Close: The stock market has issued a notification saying that there will be no trading on both the exchanges on November 20. The stock market is usually closed on public holidays and weekends. But in view of the Maharashtra assembly elections, the stock market has declared a holiday on Wednesday.
According to the official notification issued by the stock market, there will be no work on both the stock market exchanges i.e. Sensex and Nifty on this day. Apart from this, the currency market and commodity exchange will also remain closed.
The National Stock Exchange issued a notification on November 8 saying that the exchange will remain closed on November 20 due to the assembly elections in Maharashtra. During this time, MCX and NCDEX will not be able to do any trading from 9 am to 5 pm.
Assembly elections in Maharashtra on November 20
Assembly elections are to be held in Maharashtra on November 20. In this election, voting will be held for a total of 288 assembly seats in the state. For this, various political parties have started their preparations, and the election atmosphere in the state is getting heated.
Decline in stock market continues
The decline in the local stock markets continued on Monday and the BSE Sensex was in loss of 241 points. The market declined due to the selling of shares of information technology companies and weak trend from US markets along with the continued capital outflow of foreign institutional investors. The Sensex declined for the fourth consecutive session and closed at 77,339.01 points with a decline of 241.30 points i.e. 0.31 percent.
At the same time, the Nifty declined for the seventh consecutive day and closed at 23,453.80 points, down 78.90 points or 0.34 percent. Among the 30 stocks included in the Sensex, Tata Consultancy Services, Infosys, NTPC, HCL Technologies, Axis Bank, Tech Mahindra, Bajaj Finserv, Sun Pharma, IndusInd Bank and Reliance Industries were the major losers.
