Indian Stock Markets Closed for Maharashtra Day; Commodity Trading to Resume in Evening Session Amid Firm Global Crude Prices

Indian Stock Markets Closed for Maharashtra Day; Commodity Trading to Resume in Evening Session Amid Firm Global Crude Prices

Indian stock markets remained closed on Maharashtra Day, halting trading across equities, derivatives, and currency segments on NSE and BSE. Commodity trading paused in the morning but will resume at 5 pm. Meanwhile, global crude oil prices remained firm, with Brent Crude above 111 USD per barrel and WTI at 105 USD 51 cents, reflecting continued volatility in international energy markets.

Indian equity markets remained shut on Friday in observance of Maharashtra Day, bringing a complete halt to trading activities across major segments on both the Bombay Stock Exchange and the National Stock Exchange.

All trading operations in equities, equity derivatives, securities lending and borrowing mechanisms, currency derivatives, and interest rate derivative instruments were suspended for the day as part of the official market holiday schedule. The closure impacted normal market participation across institutional and retail segments alike.

In the commodities segment, trading activities were also closed during the morning session in line with the holiday observance. However, exchanges confirmed that trading will resume in the evening session at 5 pm, restoring partial market activity later in the day.

In the international energy markets, crude oil prices witnessed an upward movement during intraday trade. Brent Crude was trading higher by over 0.9 percent at 111 US dollars and 44 cents per barrel. West Texas Intermediate Crude also recorded gains, rising by 0.4 percent to trade at 105 US dollars and 51 cents per barrel.

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Market observers noted that the closure of domestic exchanges coincided with sustained firmness in global oil benchmarks, reflecting continued volatility in energy markets influenced by international supply and demand dynamics.

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The trading halt underscores the routine observance of regional holidays in Indian financial markets, while global commodity movements continue to shape investor sentiment ahead of the next active trading session.

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