Bombay Stock Exchange (BSE)
Equity, currency and debt markets will be closed today, April 10, on account of Shri Mahavir Jayanti.
Trading will take place on Friday, April 11, 2025. However, a long weekend is ahead as the market will be closed on April 14, 2025, on account of Dr. Baba Saheb Ambedkar Jayanti.
On Wednesday, the benchmark indices ended in red. Sensex closed 379.93 pts 0.51 per cent lower at 73,847.15 and Nifty 50 dropped 136.70 pts or 0.61 per cent to 22,399.15. Sectoral indices except FMCG, consumer durables and auto closed in the negative territory, with PSU index depreciating over 2 per cent. IT and pharma stocks continued to drag amid the Trump tariff war.
On the domestic front, the widely-expected rate cut by RBI failed to lift the market sentiment.
Shares of Muthoot Finance, Cholamandalam, IIFL Finance NBFCs and PSBs like Bank of Baroda plunged. Nestle India, Hindustan Unilever, Titan, Power Grid and Tata Consumer Products ended among gainers of Nifty 50 pack. While Wipro, SBI, Tech Mahindra, L&T and Trent closed among major laggards.
Watch out for Q4 results today: TCS, Anand Rathi Wealth and Evoq Remedies will results today.
India VIX was up 4.83 per cent to 21.43. The midcap 100 and smallcap 100 indexes slipped 0.86 per cent and 0.51 per cent, respectively.
Following trading holidays in line
- April 14, 2025 – Dr. Baba Saheb Ambedkar Jayanti
- April 18, 2025 – Good Friday
- May 1, 2025 – Maharashtra Day
- August 15, 2025 – Independence Day / Parsi New Year
- August 27, 2025 – Shri Ganesh Chaturthi
- October 2, 2025 – Mahatma Gandhi Jayanti/Dussehra
- October 21, 2025 – Diwali Laxmi Pujan
- October 22, 2025 – Balipratipada
- November 05, 2025 – Prakash Gurpurb Sri Guru Nanak Dev
- December 25, 2025 – Christmas
Indian rupee dropped about 42 paise on Wednesday in sync with the depreciating Chinese currency.
Asian markets react to Trump’s 90-day pause on tariffs
Asian markets soared after Trump announced a 90-day pause on nearly all tariffs, however increasing rate on China. According to reports, the market, measured by the S&P 500, gained back about $4 trillion, or 70 per cent, of the value it had lost over the previous four trading days.
Japan’s Nikkei and European futures surged.
China lowered its official yuan midpoint for the sixth day to a fresh 19-month low against the dollar on Thursday.
Published on April 10, 2025