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Indian markets plunged on Thursday as RBI policy tightening, persistent FII selling, rising bond yields and rupee weakness battered sentiment. The Nifty hit a 52-week low of 22,179, while the Sensex fell 1,045 points, wiping out over Rs 10 lakh crore.
Motilal Oswal Financial Services initiated coverage on Torrent Power with a Neutral rating and a sum-of-the-parts (SoTP)-based target price of ₹1,270.
Both NSE and BSE are headquartered in Mumbai and hence follow some of the important public holidays of Maharashtra state. But did you know trading on stock exchanges will be closed for a total of 12 days in May 2026 including the weekend holidays? There are two special holidays this month. Lets get into the details.