Indian Stock Markets Closed for Gandhi Jayanti on October 2
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India's stock markets were closed on October 2. The day is called Gandhi Jayanti. It is a national holiday in India. The two big stock exchanges are NSE and BSE. People could not buy or sell shares on this day.
A stock exchange is a place where people trade shares. NSE means National Stock Exchange. BSE means Bombay Stock Exchange. Both exchanges follow a holiday list every year.
On this day, the rupee became weaker. The rupee is India's money. Oil prices stayed high around the world. Many people check the holiday list to plan their trading.
Vocabulary6 words
- Gandhi Jayanti
- a special day for Mahatma Gandhi's birthday
- national holiday
- a day when the whole country does not work
- trade
- to buy and sell
- holiday list
- a list of days when markets are closed
- rupee
- the money used in India
- oil prices
- how much oil costs to buy
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Quiz
Answer key
1. Gandhi Jayanti holiday 2. It became weaker 3. No
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
India's stock markets were closed on _____. The day is called _____. It is a national _____ in India. The two big stock exchanges are _____ and _____. People could not buy or _____ shares on this day.
A stock exchange is a place where people trade _____. NSE means National Stock _____. BSE means Bombay Stock Exchange. Both exchanges follow a holiday _____ every year.
On this day, the _____ became weaker. The rupee is India's money. Oil _____ stayed high around the world.
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