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Stock markets shut for Ram Navami today, NSE, BSE closed, MCX to open in evening

Indian stock markets are closed today for Ram Navami, with NSE and BSE halting trading while MCX resumes in the evening session.

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Trading activity across Indian stock exchanges has come to a halt on Thursday as markets remain closed for Ram Navami. Both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are shut for the day, pausing activity on Dalal Street.

While equity markets are closed, the commodity market will function partially. The Multi Commodity Exchange (MCX) will resume trading in its evening session from 5 pm.

Cluster of holidays ahead

Market momentum is expected to face interruptions in the coming days due to a series of scheduled holidays. Trading will remain closed again on March 31 for Mahavir Jayanti and on April 3 for Good Friday, resulting in an extended break for investors.

Overall, 2026 has a total of 16 scheduled market holidays. With three already observed, several closures are lined up through the remainder of the year.

After Good Friday, the next market holiday will fall on April 14 for Ambedkar Jayanti. This will be followed by Maharashtra Day on May 1 and Bakri Id on May 28.

Later in the year, markets will remain shut on occasions including Muharram (June 26), Ganesh Chaturthi (September 14), and Gandhi Jayanti (October 2). Dussehra (October 20), Diwali Balipratipada (November 10), and Guru Nanak Jayanti (November 24) are also part of the holiday calendar, with Christmas on December 25 marking the final closure of the year.

Markets recover losses

Indian equity benchmarks have recently shown signs of recovery after a period of decline. The Nifty50 and Sensex recorded strong gains over two consecutive sessions amid easing geopolitical concerns.

At Wednesday’s close, the Nifty50 ended 394 points higher, while the Sensex gained 1,205 points, reflecting improved investor sentiment.

The rebound comes as tensions in the Middle East showed signs of easing. Iran indicated that non-hostile vessels could pass through the Strait of Hormuz, reducing fears of major supply disruptions.

Despite the positive momentum, analysts caution that volatility may persist in the near term.

Global markets trend higher

Global markets also witnessed an upswing overnight, while crude oil prices declined. Reports suggested that the United States had shared a ceasefire proposal with Iran, contributing to easing tensions.

Brent crude futures dropped 2.17 per cent to settle at $102.22 per barrel, while US West Texas Intermediate crude fell 2.20 per cent to $90.32 per barrel.

On Wall Street, major indices closed higher. The Dow Jones Industrial Average rose 0.66 per cent, the S&P 500 gained 0.54 per cent, and the Nasdaq Composite advanced 0.77 per cent.

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Those who want to leave can go: Mamata Banerjee after Trinamool’s poll setback

Mamata Banerjee has told Trinamool Congress leaders that those who wish to leave the party are free to do so after its electoral defeat, as she pushes for organisational rebuilding.

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West Bengal Chief Minister Mamata Banerjee has sent a strong message to party members amid internal unrest following the Trinamool Congress’ electoral defeat in the 2026 Assembly elections, saying those who wish to leave the party are free to do so.

The remarks come as the TMC grapples with its worst electoral performance in years and growing dissatisfaction within its ranks.

‘Will not stop anyone from leaving’

At a recent internal review meeting with party candidates, Banerjee reportedly told leaders that she would not attempt to hold back anyone planning to exit the party. She emphasised that the organisation would move forward with those who remain committed.

According to party sources, she said she would focus on rebuilding the organisation from the ground up, including restoring party offices and strengthening grassroots-level structures.

Push for rebuilding the organisation

Banerjee also called for detailed, area-wise reports from party workers and directed them to hold meetings at block and town levels to assess the reasons behind the defeat.

She further indicated that the party would undergo internal restructuring, with efforts aimed at reviving organisational strength at the local level.

Fact-finding teams and internal review

As part of the post-poll exercise, the Trinamool Congress has also set up multiple fact-finding teams to examine alleged irregularities in key districts.

These developments highlight growing internal churn within the party as it attempts to recover from its electoral setback and rebuild its support base.

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Abhishek Banerjee charged over alleged provocative speeches during Bengal polls

Abhishek Banerjee has been charged after a complaint alleged he made provocative remarks during the West Bengal election campaign.

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Trinamool Congress leader Abhishek Banerjee has been charged following allegations that he delivered provocative speeches during the West Bengal Assembly election campaign.

According to reports, the complaint was filed by a social worker identified as Rajiv Sarkar on May 5. The complaint alleged that the Diamond Harbour MP made inflammatory remarks at multiple campaign events held between April 27 and May 3.

The allegations also claimed that remarks made by Banerjee included threats directed at Union Home Minister Amit Shah during the heated election campaign in West Bengal.

Reports said the case was registered at the Bidhannagar North Cyber Crime Police Station. The development comes amid continuing political tensions in the state after the recently concluded Assembly elections.

The Trinamool Congress and the BJP have been engaged in sharp exchanges following the election results and subsequent allegations linked to violence and political targeting in different parts of the state.

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MP High Court declares Bhojshala complex a temple dedicated to Goddess Saraswati

The Madhya Pradesh High Court has declared the disputed Bhojshala-Kamal Maula complex in Dhar a temple, while allowing the Muslim side to seek alternative land for a mosque.

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The Madhya Pradesh High Court has declared the disputed Bhojshala-Kamal Maula complex in Dhar district as a temple dedicated to Goddess Saraswati, marking a major development in the long-running dispute over the religious character of the site.

The court said the religious character of the disputed area is that of Bhojshala, which the Hindu side identifies as a Saraswati temple. The Muslim side has historically maintained that the complex functions as the Kamal Maula Mosque.

According to the ruling, the Muslim community may approach the state government for allotment of suitable land within Dhar district for construction of a mosque or prayer site.

The High Court also set aside an Archaeological Survey of India circular issued in 2003 that had permitted Muslims to offer prayers at the site on Fridays.

Long-running dispute over Bhojshala

The Bhojshala complex has remained at the centre of a decades-old dispute involving Hindu and Muslim groups. Hindus consider it a temple dedicated to Vagdevi or Goddess Saraswati and associate it with the era of Raja Bhoj. Muslims have maintained that the site has functioned as the Kamal Maula Mosque for centuries.

The matter gained renewed attention after the Madhya Pradesh High Court ordered a scientific survey of the site by the Archaeological Survey of India in 2024. The ASI later submitted a detailed report before the court regarding the historical and structural features of the complex.

Earlier this year, the High Court had also conducted a site inspection before continuing hearings in the matter.

Security arrangements have reportedly been tightened in Dhar following the verdict to maintain law and order.

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