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All this was mostly driven by US President Donald Trump after he altered the global trade structures by announcing heavy tariffs on countries and later pausing them. Global markets have been reacting to every news that was coming out of the US and Indian stocks also felt the pressure as part of it.
Now, traders will get some relief with just a three day session week. Exchanges will also be closed on April 18 for Good Friday, giving another three-day break for investors.
Asian stocks advanced at the open after President Donald Trump paused import duties on a range of consumer electronics, lifting sentiment after a volatile week for markets.
On Monday, the multi commodity exchange (MCX) will function during the first half. The exchange works in two sessions -- one from 9 am and the afternoon session from 5 pm.
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Ambedkar Jayanti is celebrated every year on April 14 to remember the greatness of Dr BR Ambedkar, who is considered one of the founding fathers of the Indian constitution.
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The U.S. dollar found some footing on Monday but was still near a three-year low after a bruising week that shook investor faith in the world's reserve currency as U.S. President Donald Trump's tariff plans whipsawed global markets.
Oil prices were flat in early trade on Monday on concerns the escalating trade war between the United States and China would weaken global economic growth and dent fuel demand.
Gold prices dropped on Monday as U.S. President Donald Trump eased trade tensions by granting tariff exemptions on smartphones, computers and other electronics primarily imported from China.
Check the full list of stock market holidays in 2025
Here is a full list of stock market holidays in 2025: Labour Day (May 1), Independence Day (August 15), Ganesh Chaturthi (August 27), Mahatma Gandhi Jayanti/Dussehra (October 02), Diwali (October 21), Diwali Balipratipada, (October 22) Gurpurb (November 05), and Christmas (December 25).On Diwali, a special Muhurat Session will be conducted, the date and timings of which will be announced closer to the occasion.
What to look forward to this week?
Indian markets experienced heightened volatility last week, with the headline Nifty50 initially plunging to levels last seen in early June 2024. However, a sharp rebound from the lows helped the index trim losses, ending the week with a marginal decline of 0.33% at 22,828.Analysts say this week is also set to be volatile for global and Indian markets, despite a rebound from lower levels. This is because of the lingering trade tensions between China and the US, even though other countries are out of the limelight for now.
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Technically, Nifty is trading below its crucial 21-day and 55-day EMAs, hinting a weak trend.
"Key supports lie at 22,500 and 22,200, while resistance is seen near 23,050. In this uncertain environment, Nifty remains a sell-on-rise market," said Puneet Singhania, Director at Master Trust Group.
Traders are advised to be cautious and avoid aggressive long positions until volatility subsides and technical strength is confirmed.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
