Eid-ul-Fitr 2025: The Indian share market will observe a holiday today, March 31 on the account of Eid-ul-Fitr 2025, according to the holiday calendars of both NSE and BSE. Apart from the share market, the currency derivatives segment will also be closed today.
Notably, unlike other festivals which have fixed dates, Eid-ul-Fitr’s timing varies due to the crescent moon sighting. Moreover, in 2025, there were 2 anticipations about the celebration of the festival’s date in India. Likewise, some were predicting March 31 and others April 1, 2025 as the date of celebration of Eid-ul-Fitr. However, the crescent moon was spotted on Sunday evening, confirming that Eid celebrations will take place today.
Eid-ul-Fitr Share Market Holiday: What Else?
India’s benchmark indices, Sensex and Nifty50, ended trade in red on Friday, March 28, 2025. The Sensex (index with top 30 firms) tumbled 191.51 points to close at 77,414.92 on Friday. Meanwhile, Nifty50 (index with top 50 firms) was down 72.60 points to close at 23,519.35 points.
Notably, Sensex and Nifty50, ended in green on March 21, 2025. The Sensex surged 557.45 points to close at 76,905.51, whereas, Nifty50 was up 159.75 points to close at 23,350.40 points.
Analysing the data for the week, Sensex surged 509.41 points and Nifty surged 168.95 points last week. On March 28, among Sensex-listed companies, 11 stocks advanced, while 19 saw declines.
Moreover, foreign investors pulled out Rs 3,973 crores from the Indian equities this month.
The Indian equities are under pressure recently because of the April 2 effect. US President Donald Trump is going to announce trade tariffs on April 2. Recently, he announced auto related tariffs, significantly impacting major economies.
However, experts stated that Indian markets are benefitting from domestic macro tailwinds and are waiting for global headwinds to subside for now. After the US imposed tariffs on auto imports, the European auto manufacturers’ body highlighted that European carmakers with plants in the US export 60% of their US output to other countries.
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