Indian stock markets will be closed on Tuesday, April 4th, and Friday, April 7th, due to Mahavir Jayanti and Good Friday, respectively. Besides these two holidays, the markets will also be shut on April 14th on account of Dr. Baba Saheb Ambedkar Jayanti. As per the list of stock market holidays in April 2023, these are the first stock market holidays in the month of April; there are two more coming up. The stock market will be closed on Good Friday, April 7th, while on April 14th, it will remain closed for the birth anniversary of Dr. Baba Saheb Ambedkar.

Interestingly, the Monetary Policy Committee of the Reserve Bank of India is going to announce the monetary policy later this week, which is the first one after the beginning of the 2023-24 fiscal year. In the last monetary policy meeting held in February, RBI raised the repo rate by 25 basis points to 6.5%, taking the cumulative rate from May 2022 to 250 basis points.