After the sharp fall on the first trading day of the week i.e. Monday 2 March, there will be no trading in the domestic stock market on Tuesday 3 March. On the occasion of Holi, both the major exchanges of the country BSE and NSE will remain closed. As per the annual holiday calendar, there will be no trading in equity, derivatives and other segments on this day. However, there will be partial activity in the commodity market. MCX will remain closed in the morning session, but trading will resume from 5 pm to 11 pm.
Big fall in the market on March 2
The beginning of the week was full of shocks for investors. Global tensions, especially the increasing conflict between the US and Iran and the rise in crude oil prices, put pressure on the market. There was an atmosphere of selling throughout the day. At the end of trading, Sensex closed at 80,238.85, down 1,048 points or 1.29 percent. Although some recovery was seen in the last hour, the index closed with a decline of more than one percent. According to experts, crude oil prices have increased due to increasing tension in West Asia, which has a direct impact on import-dependent economies. This increases concerns about inflation, current account deficit and corporate margins, which lead to stock market volatility.
How many trading holidays in March?
There will be a total of three major trading holidays in the month of March.
3 March – Holi
26 March – Shri Ram Navami
31 March – Mahavir Jayanti
Apart from these, the market will remain closed on normal Saturdays and Sundays.
How many trading holidays in a year?
A total of 16 trading holidays have been fixed in the year 2026. There have already been two holidays in January. There will be two holidays each in April and May and one holiday in June. There are no scheduled trading holidays in July and August. The market will remain closed for one day each in September and December, while there will be scheduled holidays in October and November also.
Keeping an eye on global factors
At present, the direction of the domestic market largely depends on global developments. The US-Iran tension and the conflict situation in the Middle East remain volatile in the energy market. Fluctuations in oil prices and strategies of foreign investors will determine market movements in the coming trading sessions.
