Stock Market Holiday Today, May 1: BSE, NSE Closed for Maharashtra Day; Commodity Market Open in Evening Session

India’s key stock exchanges—the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE)—will remain closed today, May 1, 2025, in observance of Maharashtra Day.

All segments, including equity, equity derivatives, SLBs (Stock Lending and Borrowing), currency derivatives, and interest rate derivatives, will remain non-operational for the day.

Commodity Derivatives Trading Schedule

The commodity derivatives segment will follow a partial holiday schedule:

Morning session (9:00 AM – 5:00 PM): Closed

Evening session (5:00 PM – 11:55 PM): Open

Normal trading operations across NSE and BSE will resume on Friday, May 2, 2025.

Market Recap: April 30, 2025

On the last trading day before the holiday, markets saw a mild decline amid volatility.

Sensex closed at 80,242.24, down 46.14 points (0.06%)

Nifty 50 ended at 24,334.20, slipping 1.75 points (0.01%)

Despite the dip, both indices recorded 3.5% growth for April 2025.

Sectoral & Stock Highlights

Top Gainers: Maruti Suzuki, HDFC Life, Bharti Airtel, SBI Life Insurance, Power Grid Corp

Top Losers: Bajaj Finserv, Bajaj Finance, Trent, Tata Motors, SBI

Sector Performance:

Realty Index: +2%

Pharma: +0.4%

Media & PSU Banks: -2%

Energy, IT, Consumer Durables: -0.3% to -0.9%

Broader Markets:

Nifty Midcap: -0.8%

Nifty Smallcap: -1.7%

According to Rupak De, Senior Technical Analyst at LKP Securities:

“The Nifty continues to consolidate in a tight range, but maintains bullish momentum. Sustaining above the 20 EMA with RSI over 50 suggests continued strength. Key resistance lies at 24,550, while support holds at 24,200.”

Indian Rupee Performance

The Indian rupee appreciated by 76 paise, closing at ₹84.49 per USD, compared to the previous day’s close of ₹85.25.

Jateen Trivedi, VP & Research Analyst – Commodity and Currency at LKP Securities, noted:

“The rupee surged on the back of strong FII and DII inflows and positive sentiment around US-India trade developments. Expectations of India emerging as a strategic trade partner helped bolster investor confidence.”

He added that the rupee’s trading range has now shifted to ₹84.00–₹84.90, reflecting a positive near-term outlook.

Disclaimer: The views and investment tips expressed by experts are their own. Please consult a certified financial advisor before making investment decisions.