The festival of Mahashivaratri is being celebrated all over the country. Stock markets and banks of the country are closed on this occasion.
- SENSEX closed at 41,170.12 points on Thursday
- There will be no work even in banks for 3 consecutive days
How about the market on Thursday?
Earlier, on Thursday, the Sensex lost 153 points, or 0.37 per cent, to close at 41,170.12 due to selling. Similarly, the National Stock Exchange's Nifty lost 45.05 points, or 0.37 per cent, to 12,080.85 points. The Sensex was down 86.62 points, or 0.21 percent, while the NSE Nifty was down 32.65 points or 0.26 percent this week.
What is the reason for selling?
According to traders, investors are a little cautious about the Corona virus having an economic impact on the global economy. Meanwhile, the rise in the price of crude oil also affected the investor perception. Let us know that the price of Brent crude rose 0.14 percent to reach $ 59.20 per barrel, while the rupee fell 10 paise to close at 71.64 against the dollar.
Bank also closed for 3 days
At the same time, there is a holiday in banks on the occasion of Mahashivaratri. Apart from this, due to the fourth Saturday of the month on 22 February, the banks will remain closed. Sunday is a weekly holiday. That is, there will be no work in banks for 3 consecutive days. It is possible that there may be a shortage of cash. In such a situation, it is important to arrange the cash now. However, there will be no impact on online banking during this period. It will go on as before. At the same time, you will have to wait till Monday to get the work done in the bank.
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