Mumbai, Aug 27
There will be no trading at the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Wednesday on the account of Ganesh Chaturthi festival.
Trading in derivatives, equities, Securities Lending and Borrowing (SLB), currency derivatives and interest rate derivatives will remain shut for the day.
The commodity derivatives segment will be closed in the morning from 9 am to 5 pm and will open for the evening session from 5 pm to 11.55 pm. Trading on the NSE and BSE will restart on August 28 (Thursday).
Further, US tariffs on India are set to increase significantly as new tariffs of 25 per cent will take effect on Wednesday, raising total duties on exports to the US to 50 per cent. Its impact on the Indian stock market will be seen on Thursday.
India's top exports to the US include engineering and electronic goods, drugs and pharmaceuticals, and gems and jewellery, as per government data.