Stock Markets Closed for Ambedkar Jayanti

Stock exchanges across India will remain closed on Monday, April 14, to commemorate the birth anniversary of Dr. BR Ambedkar, a pivotal figure in Indian history and the architect of the Indian Constitution. This public holiday sees the closure of not only stock markets but also educational institutions, banks, and government offices nationwide.

Market Performance Overview

The Indian equity markets ended the previous week on a high note, with the Sensex and Nifty showing significant gains. Despite a rocky start due to global trade tensions, the markets recovered, buoyed by the Reserve Bank of India's supportive policy measures.

Global and Domestic Influences

Initial market declines were triggered by US-China tariff announcements, causing global investor unease. However, the postponement of US tariffs provided relief, leading to a market rebound. Domestically, the RBI's rate cut and accommodative stance further bolstered investor confidence.

Looking Ahead

With a holiday-shortened week, attention turns to corporate earnings from major IT and banking sectors, alongside ongoing developments in US-China trade relations.