Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hikes. Despite a preference for a pause, the central bank may be forced to tighten monetary policy to defend the currency and combat accelerating capital exodus amid an energy crisis.
Stock market holiday today: Are NSE, BSE and MCX open or closed on May 1 for Maharashtra Day and Labour Day? Check now
NSE Holidays 2026: Domestic stock exchanges NSE and BSE will be shut for trading on Friday due to Maharashtra Day holiday. There will be no