Bakrid 2026 Market Holiday: Stock Exchanges to Remain Closed on May 28 The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain closed on Thursday, May 28, 2026, to observe the Bakrid (Eid-ul-Adha) holiday. This decision follows the official holiday calendar issued by the exchanges, which confirms May 28 as the designated date for the observance of the holiday. Trading activities across all major market segments, including equity trading, equity derivatives, currency derivatives, securities lending and borrowing (SLB), and electronic gold receipts (EGR), will be suspended for the day. The Multi Commodity Exchange (MCX) will also remain shut during the morning session on May 28. However, commodity trading is expected to resume in the evening session. The closure marks the second scheduled market holiday in May, following the Maharashtra Day holiday on May 1. Other planned market holidays for 2026 include Muharram, Ganesh Chaturthi, Dussehra, and Christmas. Investors are advised to plan their trades and settlements accordingly before the holiday. The holiday closure resolves earlier confusion over whether Bakrid would fall on May 27 or May 28. While some states and institutions initially considered May 27, the majority of financial institutions and exchanges have confirmed May 28 as the official date. Bakrid, also known as Eid-ul-Adha or Eid-ul-Zuha, is a significant Islamic holiday commemorating Prophet Ibrahim’s willingness to sacrifice his son in obedience to Allah’s command. It is celebrated as the "Feast of Sacrifice" and symbolizes faith, devotion, and selflessness. The NSE and BSE have listed Bakrid as one of the scheduled trading holidays for 2026.#multi_commodity_exchange #national_stock_exchange #bombay_stock_exchange #bakrid_2026 #muharram
Jay Bharat Maruti Reports Strong Q4FY26 Results; Net Profit Grows 287% Year-on-Year, Dividend Declaration Jay Bharat Maruti Limited announced its Q4FY26 financial results, highlighting a significant increase in both consolidated revenue and net profit. The company reported a year-on-year (YoY) growth of 25.4% in consolidated revenue, reaching Rs 766.01 crore for the quarter, compared to Rs 610.66 crore in Q4FY25. Net profit for the quarter surged to Rs 79.59 crore, a 287% YoY increase from Rs 20.56 crore in the same period of the previous fiscal year. The company also disclosed its FY26 annual performance, with consolidated revenue growing 11.4% YoY to Rs 2,550.99 crore, compared to Rs 2,290.12 crore in FY25. Net profit for the full fiscal year rose to Rs 139.67 crore, a 324% increase from Rs 32.91 crore in FY25. Per-share earnings for FY26 reached Rs 12.90, up from Rs 3.04 in FY25. The board of directors approved a final dividend of 35% for FY26, translating to Rs 0.70 per equity share of face value Rs 2. This dividend is subject to shareholder approval at the upcoming annual general meeting. Jay Bharat Maruti also highlighted its financial performance in Q4FY26, noting that incentives from investments made under Gujarat Industrial Policy 2015 contributed to a 35.50 crore boost in revenue. The company reported a total income of Rs 766.98 crore for the quarter, up from Rs 611.29 crore in Q4FY25. Pre-tax profit for the quarter rose to Rs 56.25 crore, a 84.7% YoY increase from Rs 30.46 crore. The company further announced plans to issue up to Rs 750 crore in equity shares through institutional placements, private placements, or other approved channels.#national_stock_exchange #bombay_stock_exchange #governance #jay_bharat_maruti #gujarat_industrial_policy_2015
Hindustan Petroleum Corp Ltd Reports Strong Q1 2026 Results Amid Rising Refining Margins and Fuel Demand Hindustan Petroleum Corp Ltd, India’s state-owned oil and gas company, has released its quarterly results for the period ending March 31, 2026, showcasing growth in revenue, refining margins, and fuel sales. The company’s consolidated revenue reached approximately 1.1 trillion Indian rupees, marking a 12% year-on-year increase. This growth was driven by higher crude oil throughput at its refineries and increased sales volumes of petrol, diesel, and liquefied petroleum gas (LPG). Refining margins, measured by gross refining margin per barrel, improved modestly compared to the prior-year quarter, reflecting better crack spreads and enhanced operational efficiency at its Vizag and Mumbai refineries. The company’s marketing volumes for petrol and diesel rose by mid-single-digit percentages year-on-year, supported by steady growth in road transport and industrial activity across India. LPG sales grew at a faster pace as rural and urban households increasingly adopt cleaner cooking fuels. Additionally, aviation turbine fuel sales saw a boost due to the recovery of domestic air traffic and expanded supply agreements with airlines. These trends highlight the company’s ability to adapt to shifting demand patterns in the domestic market. Hindustan Petroleum Corp Ltd continues to invest in infrastructure and technology to strengthen its competitive position. Capital expenditures are focused on refinery upgrades, pipeline expansion, and modernizing retail outlets. Key initiatives include the rollout of digital payment systems and loyalty programs at its fuel stations, aimed at improving customer experience and reducing operating costs.#mumbai #visakhapatnam #bombay_stock_exchange #national_stock_exchange_of_india #hindustan_petroleum_corp_ltd
National Stock Exchange IPO Timeline and Market Entry Strategy The National Stock Exchange (NSE) is advancing its plans to launch a public offering (IPO) by December 2026, with the draft red herring prospectus (DRHP) expected to be filed by June 2026. This development marks a significant step for the exchange, which aims to enter the Indian stock market after the Bombay Stock Exchange (BSE) established its presence nearly nine years ago. The NSE’s IPO is anticipated to be one of the largest in India’s history, potentially raising over ₹20,000 crore, depending on the offer-for-sale mechanism. The NSE has already initiated extensive preparations for the IPO, including engaging 20 merchant bankers to manage the process. This is the highest number of merchant bankers involved in any IPO in India to date. Additionally, the exchange has partnered with eight law firms to address regulatory, documentation, and compliance requirements. These legal firms will provide guidance on navigating the complex framework of securities laws and market regulations. The IPO committee, led by Shri Nivas Injeti, has approved these appointments, underscoring the NSE’s commitment to a thorough and compliant process. The IPO is structured to offer a 4-5% stake through the offer-for-sale route, which is expected to attract significant investor interest. The Securities and Exchange Board of India (SEBI) has already granted approval for this approach, with the NSE’s board sanctioning the plan on February 6, 2026. This approval aligns with SEBI’s guidelines, ensuring the IPO adheres to regulatory standards. The NSE’s strategy reflects its ambition to expand its market footprint and provide investors with access to its platform.#national_stock_exchange #bombay_stock_exchange #sebi #securities_and_exchange_board_of_india #shri_nivas_injeti
Apollo Micro Systems Completes Blast Trials for Limpet Mines, Shares Gain 12% Apollo Micro Systems, a defense technology company, announced on April 9, 2026, that it had successfully completed blast trials for its Limpet mines, leading to a significant surge in its stock price. The company’s shares closed 11.83% higher at ₹232.55 on the Bombay Stock Exchange (BSE), reflecting investor confidence in the milestone achievement. The development was described by the company as a critical step in its efforts to provide a comprehensive range of underwater mine solutions for the Indian Navy. The Limpet mines, which are diver-carry systems used in naval defense, are designed to be deployed by divers to target enemy vessels. Apollo Micro Systems emphasized in its filing that it is the sole Indian company to have developed this product for the Indian Navy. The successful completion of the blast trials marks a major breakthrough for the firm, positioning it as a key player in the defense sector. The announcement came as the company highlighted its technological capabilities and strategic importance in meeting the Indian Navy’s requirements. The trials, which were conducted to validate the effectiveness and reliability of the Limpet mines, were a culmination of years of research and development. The company’s ability to deliver this advanced system underscores its role in enhancing India’s naval defense infrastructure. The stock price increase was attributed to the positive market reaction to the news. Investors viewed the successful trials as a validation of Apollo Micro Systems’ technical expertise and its potential to secure long-term contracts with the Indian defense forces.#bombay_stock_exchange #indian_navy #apollo_micro_systems #limpet_mines #indian_defense_forces
Adani Green Energy Ltd Sees Sharp Surge in Trading Volumes on BSE On April 6, 2026, Adani Green Energy Ltd experienced a significant spike in trading volumes on the Bombay Stock Exchange (BSE). By 10:44 IST, the stock recorded a volume of 72.71 lakh shares, marking a 23.18-fold increase compared to the two-week average daily volume of 3.14 lakh shares. This surge followed a previous session where trading volumes stood at 1.76 lakh shares. The stock closed at Rs.908.20, reflecting a 6.23% rise from the previous day’s closing price. The heightened trading activity was not limited to Adani Green Energy Ltd. Several other stocks on the BSE also saw notable volume increases. Zydus Wellness Ltd recorded a volume of 6.87 lakh shares by 10:44 IST, a 17.15-fold jump from its two-week average of 40,049 shares. The stock closed at Rs.497.25, up 11.99% from the prior session’s closing price of Rs.444.85. Volumes in the previous session were reported at 32,453 shares. 360 ONE WAM Ltd also witnessed a surge in trading volumes, with 11.97 lakh shares traded by 10:44 IST. This represented a 12.71-fold increase over the two-week average of 94,139 shares. Despite the volume spike, the stock closed at Rs.929.20, down 0.60% from the previous day’s closing price of Rs.934.85. Volumes in the last session were recorded at 19,438 shares. RBL Bank Ltd saw a 4.1-fold surge in trading volumes, with 4.6 lakh shares traded by 10:44 IST. This compared to the two-week average of 1.12 lakh shares. The stock closed at Rs.312.10, up 3.69% from the previous day’s closing price of Rs.301.25. Volumes in the last session were at 1.62 lakh shares. Aegis Logistics Ltd also experienced a notable increase in trading volumes, with 2.84 lakh shares traded by 10:44 IST. This marked a 3.#bombay_stock_exchange #adani_green_energy_ltd #zydus_wellness_ltd #rbl_bank_ltd #aegis_logistics_ltd
Thomas Cook, Atirath Technologies to launch AI platform for travel Thomas Cook (India) Ltd. and Atirath Technologies have announced a partnership to develop an AI platform tailored for the Indian travel market. The collaboration will see both companies hold equal 50% stakes in the venture, with corresponding board representation and shared decision-making authority as outlined in their original agreement from September 30, 2024. The initiative aims to deliver enhanced, personalized travel experiences through the use of indigenous technology. In parallel, Thomas Cook is restructuring its operations by spinning off its resort management division into a separate entity named Sterling Holiday Resorts. Once the separation is approved, shareholders will receive shares in Sterling Holiday Resorts. The company plans to list these shares on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), marking a significant step in its strategic realignment. This move is expected to provide investors with new opportunities while allowing Thomas Cook to focus on its core travel services.#national_stock_exchange #bombay_stock_exchange #thomas_cook_india #sterling_holiday_resorts #atirath_technologies
Sensex, Nifty to remain closed on Ram Navami The Indian stock markets will remain closed for trading on Thursday in observance of Ram Navami. According to the stock market holiday calendar, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be shut down, with no trading activity scheduled. Additionally, the Equity Segment, Equity Derivative Segment, Currency Derivatives Segments, and NDS-RST and Tri Party Repo segments will also be closed. The Multi Commodity Exchange of India (MCX) has declared a trading holiday for the first half of the day, or the morning session. However, commodity trading will resume in the evening session starting at 5 pm. The stock exchanges will observe trading holidays on March 31 for Mahavir Jayanti and April 3 for Good Friday. There are no planned stock market holidays in July and August this year. On Wednesday, the stock markets closed higher for the second consecutive session, driven by easing oil prices and positive global market cues. Investor sentiment improved after U.S. President Donald Trump reiterated that ongoing talks aim to resolve the Middle East conflict. The benchmark indices recorded significant gains, with the Nifty rising 1.72 percent, or 392.70 points, to close at 23,306.45. The Sensex also advanced 1.63 percent, or 1,205 points, to settle at 75,273.45. Analysts noted that the market rally was fueled by hopes of easing geopolitical tensions and softer oil prices, which bolstered investor confidence across sectors. A market expert highlighted that the critical price range of 23,300–23,350 could provide short-term stability if sustained, while failure to hold this level might trigger renewed selling pressure. On the upside, the 23,500–23,600 range remains a strong supply zone, followed by 23,800.#donald_trump #national_stock_exchange #bombay_stock_exchange #ram_navami #multi_commodity_exchange_of_india
Shri Ram Navami 2026: Commodity Markets MCX and NCDEX Closure and Holiday Schedule India's largest commodity exchange, the Multi Commodity Exchange of India (MCX), will observe a partial trading holiday on Shri Ram Navami 2026, remaining closed during the morning session from 9 am to 5 pm. Trading will resume in the evening session between 5 pm and 11:30 pm. The National Commodity & Derivatives Exchange Limited (NCDEX) will remain shut for the entire day. Indian equity markets, including the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), will also be closed on this day. The decision follows a strong performance in equity markets on Wednesday, where the Nifty 50 index and the BSE Sensex extended their upward trend. The Nifty closed at 23,306.45, up 394.05 points or 1.72%, while the Sensex rose 1,205 points or 1.63% to 75,273.45. Bulls remained active in sectors such as banking, automobiles, and consumer goods, boosting market sentiment. MCX’s 2026 holiday calendar includes 16 trading holidays, with partial or full closures. The next scheduled holiday in March will be on March 31 for Shri Mahavir Jayanti, with the market closed only in the morning session. Full-day closures are planned for April 3 (Good Friday), October 2 (Mahatma Gandhi Jayanti), and December 25 (Christmas). Month-by-month, MCX will be closed in the morning session on April 14 for Dr. Baba Saheb Ambedkar Jayanti, May 1 for Maharashtra Day, and May 28 for Bakri Eid. In June, a partial closure will occur on June 26 for Moharram. No holidays are scheduled in July or August. September will see a morning closure on September 14 for Ganesh Chaturthi, while October 20 will be a morning break for Dussehra.#national_stock_exchange #bombay_stock_exchange #shri_ram_navami_2026 #multi_commodity_exchange_of_india #national_commodity_derivatives_exchange
Stock Markets Closed for Ram Navami Today: Check NSE and BSE Holiday Schedule Indian stock markets will remain closed on Thursday for Ram Navami, with both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) observing the holiday. The closure will affect trading for the Nifty50 and Sensex indices, though the commodity market, operated by the Multi Commodity Exchange (MCX), will open in the evening session at 5 pm. The holiday schedule for 2026 includes 16 planned market closures, with three already passed. Following Ram Navami, additional holidays will be observed on March 31 for Mahavir Jayanti and April 3 for Good Friday, creating a long weekend for traders. After Good Friday, the next closure will be on April 14 for Ambedkar Jayanti. Subsequent holidays include May 1 (Maharashtra Day), May 28 (Bakri Id), June 26 (Muharram), September 14 (Ganesh Chaturthi), October 2 (Gandhi Jayanti), October 20 (Dussehra), November 10 (Diwali Balipratipada), November 24 (Guru Nanak Jayanti), and December 25 (Christmas). Markets experienced a rebound after days of losses, driven by optimism over potential US-Iran negotiations. Reports suggested a 15-point ceasefire proposal from the US to Iran, delivered via Pakistan, eased tensions. Iran’s indication that non-hostile vessels could transit the Strait of Hormuz further boosted sentiment. However, analysts caution that volatility may persist despite the positive outlook. Global markets also saw gains overnight, with oil prices declining after the proposed ceasefire. Brent crude futures dropped 2.17% to $102.22 per barrel, while US West Texas Intermediate crude fell 2.20% to $90.32 per barrel. In the US, the Dow Jones Industrial Average rose 0.66%, the S&P 500 gained 0.54%, and the Nasdaq Composite climbed 0.77%.#multi_commodity_exchange #national_stock_exchange #bombay_stock_exchange #ram_navami #mahavir_jayanti
Stock Market Holiday on Ram Navmi: NSE and BSE to Remain Closed on March 26 The stock market in India is set to observe a holiday on March 26, 2026, in observance of Ram Navmi, a significant Hindu festival. According to the exchange’s official holiday calendar, both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain closed for trading on this date. This closure provides investors with a break in the trading week, allowing them to plan their financial activities more effectively. Understanding stock market holidays is crucial for investors as it helps in organizing trading strategies, coordinating fund transfers, and managing settlement processes. Market closures can impact short-term trading plans, so awareness of the schedule ensures smoother operations and reduces the risk of missing opportunities. The decision to close the markets on Ram Navmi aligns with traditional practices and reflects the cultural significance of the festival. The exchange has outlined a list of upcoming holidays for the year 2026, which includes several religious and national observances. These dates are: March 31, 2026 (Tuesday): Shri Mahavir Jayanti April 3, 2026 (Friday): Good Friday April 14, 2026 (Tuesday): Dr. Baba Saheb Ambedkar Jayanti May 1, 2026 (Friday): Maharashtra Day May 28, 2026 (Thursday): Bakri Id June 26, 2026 (Friday): Muharram September 14, 2026 (Monday): Ganesh Chaturthi October 2, 2026 (Friday): Mahatma Gandhi Jayanti October 20, 2026 (Tuesday): Dussehra November 10, 2026 (Tuesday): Diwali-Balipratipada November 24, 2026 (Tuesday): Prakash Gurpurb Sri Guru Nanak Dev December 25, 2026 (Friday): Christmas Equity markets in India operate on all days except Saturdays, Sundays, and holidays declared by the exchange.#stock_market #india #national_stock_exchange #bombay_stock_exchange #ram_navmi
Indian Stock Markets Face Holiday-Shortened Week for Ram Navami, Mahavir Jayanti, and Good Friday Indian stock markets will observe a holiday-shortened week in March 2026, with the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) closed on Thursday, March 26, to mark Shri Ram Navami. The closures will disrupt trading activity further in the coming weeks, as markets will remain shut for three of the next eight sessions due to scheduled holidays. The calendar includes two shortened weeks, with markets closed for Ram Navami, Mahavir Jayanti, and Good Friday. The following week will feature only three trading sessions, creating a long weekend. Markets will be closed on Tuesday, March 31, for Shri Mahavir Jayanti and again on Friday, April 3, for Good Friday. This pattern of closures will continue throughout the year, with a total of 16 stock market holidays planned for 2026. Three of these holidays have already passed, and after the upcoming three, trading will be suspended on 10 additional occasions over the remaining nine months. The 2026 holiday schedule includes key dates such as Dr Baba Saheb Ambedkar Jayanti on April 14, Maharashtra Day on May 1, and Bakri Id on May 28. In the second half of the year, markets will close for Muharram on June 26, Ganesh Chaturthi on September 14, Gandhi Jayanti on October 2, Dussehra on October 20, Diwali Balipratipada on November 10, and Guru Nanak Jayanti on November 24. The year will conclude with Christmas on December 25. Indian stock markets opened sharply higher on Wednesday, March 25, with the Sensex gaining nearly 800 points and the Nifty rising above 23,100. This rebound followed a significant selloff earlier in the week and came amid optimism about easing tensions between Iran and the U.S.-Israel conflict. U.S.#national_stock_exchange #bombay_stock_exchange #ram_navami #mahavir_jayanti #good_friday
Indian Stock Exchanges to Observe Three Trading Holidays in Next Eight Sessions Indian stock exchanges, including the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), are set to remain closed for three trading sessions in the next eight weeks to commemorate religious and cultural holidays. The first holiday will occur on Thursday, March 26, marking Shri Ram Navami. This will be followed by a shortened week in the subsequent session, with only three trading days due to a long weekend on Friday. The next closure will be on Tuesday, March 31, for Shri Mahavir Jayanti, and the final holiday in this sequence will be on Friday, April 3, for Good Friday. The 2026 calendar features a total of 16 stock market holidays, with three already observed this year. After the upcoming three holidays, the market will be closed for trading on 10 additional occasions over the next nine months. April will see another holiday on April 14 for Dr. Baba Saheb Ambedkar Jayanti. In May, both BSE and NSE will be shut for two consecutive days. The next holiday after June will fall in September, followed by closures in October and November, and a final holiday in December. The market’s performance in March has been volatile, influenced by geopolitical tensions in the Middle East. Crude oil prices have surged by nearly 60% this month due to disruptions in the Strait of Hormuz and attacks on oil infrastructure in the region. This has raised concerns for India, a major importer of oil, as it could impact economic growth and corporate earnings. Foreign institutional investors (FIIs) have also contributed to market instability, with outflows exceeding ₹105,029 crore in March alone. The Nifty 50 index has declined by nearly 9% this month, marking its worst monthly drop since 2020.#national_stock_exchange #bombay_stock_exchange #shri_ram_navami #indian_stock_exchanges #shri_mahavir_jayanti
ICICI Bank Allots 243,921 Equity Shares Under Employee Stock Option Scheme ICICI Bank has completed the allotment of 243,921 equity shares under its Employee Stock Option Scheme-2000 on March 17, 2026. The shares, each with a face value of Rs.2, were allocated to eligible employees as part of the bank’s ongoing employee incentive program. The allotment was approved by two Executive Directors at 10:46 a.m. on the same day, following delegation of authority from the Board of Directors during a meeting held on October 21, 2023. The bank formally notified the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) about the allotment through proper regulatory channels. The equity share allotment was executed in accordance with corporate governance procedures. The bank provided comprehensive details of the allotment to stock exchanges, ensuring transparency and compliance with regulatory requirements. The approval from the Executive Directors was granted under the delegated powers from the Board, which facilitates efficient execution of employee stock option schemes while maintaining oversight. Regulatory compliance was a key aspect of the process. ICICI Bank fulfilled its obligations by notifying both BSE and NSE about the share allotment. The formal communication was signed by Prashant Mistry from the Associate Leadership Team, ensuring proper authorization and documentation of the corporate action. This step underscores the bank’s adherence to regulatory frameworks governing employee stock options. The Employee Stock Option Scheme-2000 reflects ICICI Bank’s long-standing commitment to employee participation in organizational growth. Such schemes are designed to align employee interests with shareholder value creation and serve as retention tools.#icici_bank #national_stock_exchange #prashant_mistry #bombay_stock_exchange #vivek_ranjan
Indian Stock Markets Remain Open on March 13, 2026 The Indian stock market will remain open on March 13, 2026, as it is a regular trading day with no festival, national holiday, or special observance scheduled. Both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) will operate under normal conditions, allowing investors to conduct trades in equities, derivatives, and other securities without interruption. Trading activities on March 13 will follow the standard schedule, with the pre-open session running from 9:00 AM to 9:15 AM and the regular trading session from 9:15 AM to 3:30 PM. All market segments, including equity, derivatives, and securities lending and borrowing, will remain active during these hours. Investors are advised to adhere to the standard trading hours for all transactions. The absence of a holiday on March 13 is attributed to the lack of alignment with major national or religious festivals. Indian stock exchanges typically declare holidays for significant events such as Diwali, Holi, Republic Day, or Independence Day. Since March 13 does not coincide with any such occasion, the exchanges have not scheduled a closure. While March 13 is a working day, traders should note that the month will include other holidays. For instance, the market is expected to remain closed for festivals like Holi and other observances, as outlined in the official exchange calendar. Investors are encouraged to review the updated holiday list released by NSE and BSE to plan their trading activities accordingly. Online trading platforms will remain functional even on non-trading days, allowing investors to place orders or review their portfolios. However, these orders will only be executed once the market reopens on the next trading day.#bombay_stock_exchange #march_13_2026 #indian_stock_markets #national_stock_exchange_of_india #stock_market_operations
TVS Motor Launches Orbiter V1 Electric Scooter at ₹49,999, Introduces Battery Subscription Model TVS Motor Company has expanded its electric scooter lineup with a lower-capacity variant and a battery subscription option aimed at reducing the upfront cost of EV ownership in India. The Orbiter V1 electric scooter was launched on March 12, 2026, priced at ₹49,999 (ex-showroom Delhi, inclusive of PM e-Drive subsidy) under a new Battery-as-a-Service (BaaS) model. Without BaaS, the scooter is priced at ₹84,500 under the same subsidy conditions. The announcement was made in Lucknow and simultaneously disclosed to the Bombay Stock Exchange and the National Stock Exchange. The Orbiter V1 is powered by a 1.8 kWh battery and delivers a certified IDC range of 86 km per charge. It supports charging from zero to 80% in approximately two hours and 20 minutes, making it practical for daily urban use. The scooter joins the existing Orbiter V2, which carries a 3.1 kWh battery and was launched last year to positive market reception. With the addition of the V1, TVS now offers the Orbiter in two variants catering to different range and budget requirements. On design, the V1 features an 845 mm flat-form seat built for both rider and pillion comfort, a 290 mm straight-line footboard offering legroom, and an upright handlebar intended to reduce riding fatigue. Under-seat storage stands at 34 litres, sufficient to hold two helmets. The overall design is described by TVS as modern and purposeful, prioritising function without sacrificing form. The scooter is equipped with a range of technology features. A coloured LCD instrument cluster displays incoming calls alongside standard ride information.#national_stock_exchange #bombay_stock_exchange #tvs_motor_company #gaurav_gupta #aniruddha_haldar
ICICI Bank Allots 485,368 Equity Shares Under Employee Stock Option Scheme-2000 ICICI Bank Limited has completed the allotment of 485,368 equity shares under its Employee Stock Option Scheme-2000. The shares, each with a face value of Rs.2, were allotted on March 9, 2026, following regulatory approvals and internal governance procedures. The allotment was authorized by two Executive Directors at 04.55 p.m. on the same day, under powers delegated by the Board of Directors during a meeting on October 21, 2023. The bank has formally communicated the allotment to the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) through regulatory channels. The allotment marks a significant step in the bank’s employee compensation framework, reinforcing its commitment to aligning employee interests with shareholder value. The transaction was executed in compliance with all statutory requirements, ensuring transparency and adherence to governance standards. The shares were allocated as part of the ICICI Bank Employees Stock Option Scheme-2000, which provides employees with opportunities to benefit from the bank’s long-term growth. The bank’s regulatory communication included details such as the number of shares, face value, allotment date, and the specific scheme under which the shares were issued. The notification was signed by Prashant Mistry from the Associate Leadership Team and digitally authenticated on March 9, 2026, at 17:03:17 +05:30, ensuring compliance with exchange regulations. Separately, ICICI Bank also reported a block trade of shares on the NSE, reflecting its active participation in the capital market. The bank’s corporate actions, including share allotments and trades, underscore its strategic focus on balancing shareholder returns with employee incentives.#icici_bank #bombay_stock_exchange #national_stock_exchange #prashant_mistry #employee_stock_option_scheme_2000
Holi 2026: What’s Open And What’s Closed – Banks, Schools, Offices And Stock Market Holi 2026 is set to be celebrated across India with vibrant festivities, but the holiday schedule varies by state, affecting the operations of banks, schools, offices, and stock markets. In many regions, the festival will be observed on March 4, with Holika Dahan falling on March 2. The exact closure dates for institutions depend on local government notifications, as some states have declared Holi a gazetted holiday under the Negotiable Instruments Act. Schools across the country are expected to close for one or two days during the festival. In states like Bihar, Jharkhand, Haryana, Uttar Pradesh, and Delhi NCR, schools and offices will observe a restricted holiday on March 3 and a public holiday on March 4. Rajasthan typically declares a full public holiday on Holi, while Punjab schools will remain closed on March 4. In Maharashtra, schools in major cities such as Mumbai and Pune are confirmed to be closed on Dhulandi, the main day of celebration. Southern states may adjust schedules due to overlapping regional festivals like Attukal Pongala, with some schools potentially closed on March 3. Parents and students are advised to check official school communications for private institution updates. Banks will follow guidelines from the Reserve Bank of India (RBI), with closures varying by state. In Uttar Pradesh, banks will be closed on March 2 (Holika Dahan) and March 4 (Holi). On March 3, banks in Maharashtra, Madhya Pradesh, Uttarakhand, Assam, Telangana, Rajasthan, West Bengal, Goa, Bihar, Jharkhand, Kerala, and Andhra Pradesh will remain closed for Holi, Dol Jatra, or Dhulandi.#national_stock_exchange #bombay_stock_exchange #reserve_bank_of_india #holi_2026 #attukal_pongala
Stock Markets to Remain Closed on March 3 for Holi 2026 The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India will remain closed on March 3, 2026, for the festival of Holi. Despite confusion over whether Holi will fall on March 3 or 4, the markets have officially designated March 3 as the holiday. This decision aligns with the traditional celebration of Holi, which marks the arrival of spring and is widely observed across the country. The confusion stems from the varying regional dates for Holi, which is traditionally celebrated on the full moon of the Phalguna month in the Hindu calendar. However, the stock exchanges have opted for March 3 as the closure date, ensuring consistency with national observances. Other Market Holidays in 2026 In addition to Holi, the stock markets will observe several other holidays throughout the year. These include: Diwali: While Diwali falls on a Sunday in November 2026, no separate holiday is declared for the festival. However, a special trading session is scheduled for November 8, 2026, to accommodate the occasion. Christmas: December 25, 2026, will be a holiday. Other Observances: Dates for festivals like Eid, Guru Nanak Jayanti, and others will be announced in subsequent circulars. Market Volatility Amid Israel-Iran Conflict Prior to the Holi closure, the Indian stock market experienced significant volatility due to tensions between Israel and Iran. On the previous trading day, the Sensex and Nifty indices closed with sharp declines. The Sensex fell 1.29% to 80,238.85, while the Nifty dropped 1.24% to 24,865.70. Key sectors such as infrastructure, automobiles, and energy saw declines of over 2%, while defense and metals indices showed minor gains.#nifty #holi #sensex #national_stock_exchange #bombay_stock_exchange
Holi Stock Market Holiday: Share Market Closure Date Confirmed for March 2026 The stock market in India will remain closed on March 2, 2026, for the festival of Holi. However, investors are facing confusion due to the simultaneous occurrence of a lunar eclipse on March 3, 2026, which has led to uncertainty about the exact date of the festival. Traditionally, Holi is celebrated on March 2, but the lunar eclipse on March 3 has caused widespread speculation about whether the festival will be observed on the earlier date or shifted to March 4. This ambiguity has left investors unsure about whether the stock exchanges, including the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), will be closed on March 3 or March 4. The confusion arises because lunar eclipses are considered inauspicious for public celebrations in many parts of India, leading to the possibility of Holi being postponed. However, the exact decision on the festival’s date has not been officially announced, leaving the market participants in a state of uncertainty. The situation highlights the challenges faced by investors when public holidays and astronomical events overlap, creating a need for clear communication from authorities to avoid disruptions in financial activities. Until the official announcement is made, the stock market closure date for Holi remains tied to March 2, but the potential impact of the lunar eclipse on the festival’s timing continues to cast doubt on the exact schedule.#march_2026 #holi_festival #national_stock_exchange #bombay_stock_exchange #lunar_eclipse
