Leading stock exchanges Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on Wednesday, April 17, on account of Ram Navami. Both currency and derivatives markets will also remain closed due to the public holiday.
Ram Navami is celebrated across the country to mark the birth of Lord Ram. It falls on the ninth day (Navami) of the Chaitra month, as per the Hindu calendar. The festive day generally corresponds to April on the Gregorian calendar.
Last week, on April 11, the stock markets were closed for Eid-Ul-Fitr (Ramadan Eid). Following this, there are no other trading holidays in April. With the two public…