The Indian stock market is closed today, April 10, 2025, for Mahavir Jayanti. This means there will be no trading in the equity market. Investors can confirm this holiday on the websites of the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
The closure comes amidst recent market volatility driven by global recession fears stoked by US tariffs. In the prior trading sessions this week, the benchmark indices have experienced significant swings. They notably closed lower on Wednesday following the Reserve Bank of India’s announcement of a 25 basis points (bps) cut in the repo rate and a shift in policy stance.
To find the complete list of stock market holidays for the year, investors can visit the BSE website—bseindia.com—and select the ‘Trading Holidays’ option. For April 2025, the market will also be closed on April 14 for Dr. Baba Saheb Ambedkar Jayanti, and on April 18 for Good Friday.
On these holidays, all trading activities across various segments will be suspended. This includes the Equity segment, Equity Derivative segment, SLB segment, and Currency Derivatives segments. However, the Commodity Derivatives Segment will remain open for the evening session, starting from 5:00 PM until 11:30/11:55 PM.
The morning session will be closed.
Stock closure for Mahavir Jayanti
When markets reopen on Friday, April 11, a mix of global and domestic cues is expected to drive a sharp opening surge.
Early indicators suggest a strong start. GIFT Nifty trends point to a 2.5 percent gain after U.S. President Donald Trump announced a 90-day tariff pause for over 75 nations. The move, seen as a response to global pressure, triggered a massive rebound in global equities overnight.
Despite increasing tariffs on Chinese goods to 125 percent, the broader investor sentiment turned positive, with relief spreading across major indices. Adding to the momentum is the Reserve Bank of India’s latest rate cut—its second in a row. Anirudh Garg, Partner and Fund Manager at Invasset PMS, noted that the RBI had clearly shifted its focus towards growth.
He stated, “With inflation expectations anchored and the FY26 CPI forecast lowered to 4 percent, the central bank had created room to support demand without endangering macroeconomic stability.”
VK Vijayakumar of Geojit Financial Services mentioned that India might be among the least impacted large economies in this “Trump shakeout.” Lower crude prices are also expected to cushion macro pressures. Markets had been under pressure prior to the holiday. On April 9, both the Sensex and Nifty closed lower, dragged down by IT, metal, pharma, and PSU bank stocks.
Midcap and smallcap indices also weakened. Trading holidays later this month include April 14 (Ambedkar Jayanti) and April 18 (Good Friday). Normal trading hours will resume Friday—from 9:15 a.m. to 3:30 p.m.
