Stock Market Holiday: In the coming days, the market will remain closed on 26th March (Thursday) due to Ram Navami. After this, there will be regular weekend holiday (Saturday-Sunday) on 28th and 29th March. At the end of the month, there will be a holiday again on 31st March (Tuesday) due to Mahavir Jayanti. There will be no trading in equity, derivatives and forex segments these days, although the evening session may remain open on MCX.

market movements last week

The market performance was a bit weak last week. BSE Sensex closed at around 74,532, registering a slight decline. Nifty 50 also closed at around 23,114 and a decline was seen in it too. This indicates that there is an atmosphere of caution in the market at present and investors are avoiding taking big decisions.

Market prospects ahead

According to experts, there may be fluctuations in the market in the coming days. The level of 22,800 is considered a strong support for Nifty, while resistance can be seen between 23,400 and 23,600. Apart from this, the ongoing tension in the Middle East and crude oil prices will play an important role in determining the direction of the market. The impact of global signals can be clearly seen on the Indian market.

Important advice for investors

Since this is the last week of the financial year and there are holidays in between, there is a ‘wait and watch’ situation in the market. Midcap shares are currently performing better than smallcaps. In such a situation, investors should avoid haste and invest thoughtfully. Experts advise to focus only on strong and selected stocks, so that the risk can be reduced and the possibility of better returns remains.

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