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India Today
16 hours ago
- Business
- India Today
Stock market holidays July 2025: Here's what traders should know
Before you plan your trades, book profits, or sneak in a quick holiday, one common question pops up for every investor: Is the stock market shut today?For the month of July 2025, there's good news for active traders and investors. Both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will stay open all weekdays throughout July. There are no special trading holidays lined up for this as usual, the markets will be closed on Saturdays and Sundays. So, in total, trading will be paused for eight days in July, four Saturdays and four MARKET HOLIDAY IN AUGUSTAccording to the trading holiday list released by the NSE, the next official market holiday will fall on August 15, 2025, when the country celebrates Independence Day. After that, trading will also take a break on August 27 for Ganesh KEY HOLIDAYS IN 2025Looking further ahead, the stock exchanges will remain closed on other key dates in 2025, including Mahatma Gandhi Jayanti on October 2, Diwali Laxmi Pujan on October 21, Balipratipada on October 22, and Prakash Gurpurb Sri Guru Nanak Dev on November final market holiday of the year will be Christmas on December if you're planning any trades this July, you can do so freely on weekdays. Just keep an eye on the weekends, the market will take its usual break then.- Ends
Euronews
2 days ago
- Business
- Euronews
Death toll rises to 39 after blast at pharmaceutical factory in India
The death toll from the massive explosion and fire at a pharmaceutical factory in southern India on Monday has risen to at least 39, officials have said. The incident at Sigachi Industries' chemical factory in the southern state of Telangana also injured 34 people, according to authorities. The debris of the gutted factory was still being removed to find out if any more workers were trapped, the state's fire services director GV Narayana Rao said on Tuesday. 'The whole structure of the factory has collapsed. Fire has been doused, and we hope to finish removing the debris in the next few hours," Rao said early on Tuesday morning. Sigachi Industries did not disclose what led to the explosion and fire, but said the plant's core manufacturing infrastructure was damaged and facility operations would be halted for 90 days. The plant produces microcrystalline cellulose, a chemical compound commonly used in making drugs. Telangana's Health Minister Damodar Raja Narasimha said 108 workers were inside the factory when it exploded. "As bodies were badly burnt and mutilated, a special medical team has been deployed to conduct DNA tests", said Narasimha, adding that the state government has set up a panel to investigate the cause of the incident. In a disclosure to the Bombay Stock Exchange on Monday, the company called the incident "unfortunate" and announced that a thorough site assessment was underway. On Monday, the office of Indian Prime Minister Narendra Modi announced on X an ex gratia payment of 200,000 rupees (€1,979) for the next of kin of every deceased person and 50,000 rupees (€495) each for those injured. India is home to several of the world's top pharmaceutical companies, playing a pivotal role in the global supply of generic medicines and vaccines. The nation's robust manufacturing and cost-effective production have made it a hub for pharma giants. However, industrial accidents, particularly involving chemical reactors, are far from uncommon in such factories, which have led to calls for authorities to implement stringent safety protocols and regulatory oversight in a sector critical to public health.
Mint
2 days ago
- Business
- Mint
When is Muharram 2025 holiday — July 6 or 7? Will schools, offices, banks, stock market open on this day
Muharram holiday 2025: The first month of the Islamic calendar, known as Muharram, began on June 27, Friday. Considered as the second-holiest month in the Hijri calendar after Ramadan, this month is a time to commemorate Hazrat Imam Hussain. Shia Muslims mark the day by engaging in self-flagellation. They commemorate the death of Prophet Mohammed's grandson Hazrat Imam Hussain through recitation of poetry, indulging in acts of self-mortification and through processions. Meanwhile, Sunni Muslims mark the day by observing a fast, offering prayers and alms. The 10th day of Muharram, Ashura, will be observed on Sunday, July 6. The crescent Moon was sighted on June 26 in India and the first day of Muharram-Ul-Haram began on June 27, as per Masjid-e-Nakhoda Markazi Rooyat-e-Hilal Committee. As per list of Gazetted holidays, the most auspicious day of Muharram falls on July 6. Since, Ashura falls on Sunday, all public and private sector banks and offices will remain closed on this day. On the day Muharram holiday is observed, all schools, post offices, and several private institutions remain closed and trading activity on major Indian stock exchanges remains suspended. Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain shut for trading in equity, SLB (Securities Lending and Borrowing), currency derivatives, interest rate derivatives and equity derivatives. Ahead of Muharram, Sambhal authorities placed over 900 persons under preventive restrictions to maintain law and order and prevent any untoward incident, PTI reported citing District Magistrate Rajendra Pensiya's statement. Rajendra Pensiya warned, "Anyone found attempting to create conflict or disrupt communal harmony will also be placed under similar restrictions. If they go on to cause trouble, their surety bonds will be forfeited." Uttar Pradesh Director General of Police (DGP) Rajeev Krishna recently issued directives instructing all police units in the state to deny permission for new Muharram processional routes or religious practices. Imposing a ban on the display of weapons during processions, he called for regular morning patrols, checks on objectionable posters, and CCTV and drone surveillance.
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Business Standard
2 days ago
- Business
- Business Standard
This smallcap media company's stock zoomed 15% in trade; check all details
Prime Focus shares zoomed 15.2 per cent in trade on Tuesday, logging an intraday high at ₹160 per share on BSE. At 9:36 AM, Prime Focus share price was trading 8.03 per cent higher at ₹150 per share on the BSE. In comparison, the BSE Sensex was down 0.24 per cent at 83,807.06. The company's market capitalisation stood at ₹4,649.05 crore. Its 52-week high was at ₹164.9 per share and 52-week low was at ₹85 per share. In one year, Prime Focus shares have gained 4 per cent as compared to Sensex's rise of 5 per cent. Why are Prime Focus shares rallying today? The stock jumped after the company announced on Monday, after market hours, that its board will meet on Thursday, July 3, 2025, mulling the proposal for raising of funds. According to the filing, the company is considering raising funds through preferential issues. "The board of directors of the company (board) is scheduled to be held on Thursday, July 03, 2025, inter-alia to consider and approve ..the proposal for raising of funds through preferential issue by way of private placement of equity shares, subject to such Statutory/Regulatory approvals as may be necessary, including the approval of the shareholders of the company," the filing read. About Prime Focus Prime Focus Limited is an independent integrated media services company. The company offers end-to-end creative services, including visual effects (VFX), stereo 3D conversion, animation, and immersive experiences. Additionally, Prime Focus provides technology solutions such as AI-powered tools and cloud-enabled innovations to streamline workflows. Their production expertise encompasses production and financing, advanced sound stages, cutting-edge equipment rental, and world-class filmmaking infrastructure. In post-production, they deliver expert digital intermediate, picture post, and audio post-production capabilities. Prime Focus operates in creative hubs worldwide, including cities like Barcelona, Bengaluru, London, Los Angeles, Montreal, Mumbai, New York, Toronto, and Vancouver. The company is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India and is recognized on the Fortune India 500 list.
Hindustan Times
2 days ago
- Business
- Hindustan Times
Sensex, Nifty open in green with marginal gains
Indian stock markets opened on a positive note on Tuesday, continuing their upward trend. A woman walks past the Bombay Stock Exchange (BSE) building, in Mumbai(PTI/File) Both benchmark indices posted early gains, although investor sentiment remains cautious as markets await clarity on major global developments, particularly the Trump administration's proposed tax cuts bill in the US. The Nifty 50 index opened at 25,551.35, registering a gain of 34.30 points or 0.13 per cent. The BSE Sensex rose by 79.20 points or 0.09 per cent to open at 83,685.66. Despite the early gains, the overall market tone remains watchful. Ajay Bagga, Banking and Market Expert, told ANI, "Asian markets are sideways, waiting for clarity on the Trump Tax cuts bill, trade deals and the US Jobs report. Indian markets saw FPIs selling on Monday and are expected to be sideways in a consolidating phase, waiting for global clarity." One of the key global factors affecting market sentiment is the significant fall in the US dollar. The dollar index, which measures the greenback's strength against a basket of six major currencies including the pound, euro, and yen, has dropped more than 10 per cent in the first half of 2025. This marks the worst start to a year for the US dollar since 1973, when it had fallen 15 per cent following the collapse of the Bretton Woods system. It is also the weakest six-month performance since 2009. Bagga added, "The One Big Beautiful Bill of tax cuts and deregulation of Trump 2.0 is at present being debated in the US Senate. It is expected to be passed before July 4th, though it may need to be sent back to the House of Representatives to endorse the Senate's changes. That and the June US Non Farm Payrolls report this week will be the two market-moving catalysts, along with the expected announcement of trade deals with some major trading partners." In broader market indices on the NSE, Nifty 100 gained 0.09 per cent, Nifty Midcap 100 rose by 0.27 per cent, while Nifty Smallcap 100 surged 0.37 per cent. Among sectoral indices, a mixed trend was observed. Nifty FMCG rose 0.10 per cent, Nifty Media gained 0.16 per cent, and Nifty Realty advanced by 0.77 per cent. On the downside, Nifty Auto slipped 0.04 per cent, Nifty Metal dropped 0.23 per cent, and Nifty PSU Bank was down by 0.20 per cent. Shrikant Chouhan, Head of Equity Research at Kotak Securities, commented, "A bearish candle on the daily chart indicates temporary weakness. We believe 25,450/83,500 would act as a crucial level. Below 25,450/83,500, we may see a further correction towards 25,375-25,300/83,200-83,000. On the other hand, a sustained move above 25,450/83,500 may take the market to 25,600/83,900. The uptrend may continue further, potentially taking the market towards 25,670/84,100." As global cues remain uncertain, the experts noted that Indian markets are likely to trade in a range-bound manner, with investors closely tracking developments in the US Senate and key economic data releases. (ANI)
