Indian Stock Markets Halt Trading for Ambedkar Jayanti
Synopsis
Key Takeaways
Mumbai, April 14 (NationPress) The Indian stock exchanges were closed on Tuesday in observance of Dr. B.R. Ambedkar Jayanti, marking the second trading holiday of the current fiscal year (FY27) and occurring in April. Both the NSE and BSE halted trading in the equity, equity derivatives, and currency segments for the entire day.
In the commodities market, the Multi Commodity Exchange of India (MCX) was also closed during the morning session but will reopen for trading in the evening from 5 pm to 11:30 pm.
Meanwhile, the National Commodity and Derivatives Exchange (NCDEX) remained shut for both morning and evening trading sessions.
Trading activities will resume on Wednesday, April 15.
In the last trading session, domestic benchmark indices closed lower, with the 30-scrip index dropping by 0.91% to end at 76,847, while the 50-share index fell by 0.86% to settle at 23,842.
According to the 2026 holiday calendar, the next stock market holiday is scheduled for May 1, in celebration of Maharashtra Day, followed by a closure on May 28 for Eid al-Adha (Bakri Eid).
This year, the markets have been closed multiple times, including for Holi, Ram Navami, and Mahavir Jayanti in March.
Additionally, the government has declared April 14 as a public holiday for all central government offices to commemorate Ambedkar Jayanti.
On the global front, markets were performing well, with Japan’s Nikkei, Hong Kong’s Hang Seng, and South Korea’s KOSPI showing increases of over 2%, 0.5%, and 3%, respectively.
In the United States, both the S&P 500 and Nasdaq indices rose by more than 1%.
Conversely, Brent crude oil futures dipped about 1% to $98.27 per barrel as of 9 am, while US WTI crude dropped nearly 2% to $97.24.