Is the stock market closed for Amedkar Jayanti today?

Equity markets are closed on April 14 on account of Ambedkar Jayanti, according to the market holiday calendar of BSE. All the segments, including the equity, derivative, and SLB segments will be closed on Friday.

The Multi-Commodity Exchange (MCX) will also be closed for the first session on Friday and trading will resume in the evening session at 5 pm.

Domestic shares staged a smart recovery in the second half of Thursday's trading session to end little changed as global markets cheered softening US inflation data that indicated the US Federal Reserve may well be nearing the end of the current rate-hardening cycle.


Gains were muted on concerns that a recession is on the horizon as highlighted in the minutes of the March Federal Open Market Committee meeting.

The Sensex ended at 60,431, up 38.23 points or 0.06% from Wednesday's close. The Nifty gained 15.60 points or 0.09% to close at 17,828.

Asian shares firmed on Friday as Singapore became the latest country to pause its policy tightening and markets became more confident the likely next hike in U.S. rates would be the last this cycle.


In April, trading days were reduced to just 17 due to multiple market holidays. In the entire calendar year, the markets have 15 annual holidays in 2023 — two more than last year. In May, markets will be closed on May 1 to observe Maharashtra Day.

After a winning run for eight straight days, equity markets ended flat on Thursday as investors stayed cautious ahead of a three-day holiday. The sentiment was negative on IT stocks after TCS Q4 numbers disappointed the Street and so was Infosys.

"Mediocre Q4 results and uninspiring commentary from TCS will keep the IT stocks soft. Financials will continue to be resilient. Watch out for the pharma stocks, which have emerged strong in recent days," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Analysts say news on the inflation front - both from the US and India - are positive for markets. India's retail inflation dropped to 15-month low of 5.66%, while US consumer prices number has come lower-than- expected at 5% year-on-year.

"So, the MPC continuing with the present rates in the next policy meeting is a clear possibility. This is positive for equity markets," V K Vijayakumar said.

The rally for the last eight days was mainly driven by sustained FPI buying and expectations of strong fourth quarter results. FPIs were net buyers for nine straight days and invested about Rs 10,000 crore in this period.