Dr. The stock exchange across India will be closed on Monday to convince BR Ambedkar Jayati. This occasion is the birth anniversary of Babasaheb Ambedkar, who was born on 14 April 1891.
The nation sees this day as a public holiday annually, with educational institutions, banks and many government offices to honor the social reformer and manufacturer of the Indian Constitution.
Indian equity markets concluded last week on a positive note after an intensive unstable session at the beginning of the week. At the conclusion of Friday, Sensex reached 75,157.26 points, increased by 1,310.11 points or 1.77 percent, while Nifty settled at 22,828.55 points, increased by 429.40 points or 1.92 percent. Regional indices showed nifty metals, consumer durables and strong performances in oil and gas.
This week started with a significant decline on Monday, as global markets adversely responded to the announcement of the US administration’s mutual tariff. This action expressed concern about a possible trade struggle and created uneasiness to investors. When China issued its own counter-supply, the circumstances deteriorated, affecting investors’s confidence globally.
The markets later achieved stability after being selected by the US to postpone tariff implementation for all countries except China. The decision provided relief to international markets including India, which led to price recovery in later trade sessions.
Domestic, the Indian indices benefited from the latest policy description of the Reserve Bank of India. The central bank reduced the interest rates and maintained an adjustment position, suggesting potential additional support if necessary. Investors responded positively to this announcement, helping to offset the earlier decline.
Ajit Mishra-SVP, Research, RLIGRARERE Broking said “The upcoming holiday-shorted week will be sensitive to further developments on America-China Tariff Front. On the domestic side, the spotlight will also be on corporate income, with heavyweight from the IT sector with heavyweight, private banking Major HDFC Bank and with ICICI Bank, determined to announce their quarterly results “.
