The stock market remained closed on Tuesday, March 31, 2026, on account of Mahavir Jayanti, offering investors a pause after a steep market rout in the previous session.
Trading across equity, currency, and debt segments will resume on Wednesday, April 1, 2026.
The holiday comes on the heels of a sharp decline on Monday, when benchmark indices BSE Sensex and Nifty 50 posted significant losses. The Sensex plunged 1,635.67 points or 2.22 per cent to close at 71,947.55, while the Nifty 50 dropped 488.20 points or 2.14 per cent, ending at 22,331.40. Banking and financial stocks led the sell-off, dragging the broader market lower.
The recent decline underscores a broader downturn in equities. Both the Sensex and Nifty have fallen more than 11 per cent since February 27, 2026, with benchmarks logging their steepest monthly slump in six years. The sell-off has been driven largely by escalating tensions linked to West Asia conflict, which have pushed crude oil prices higher and heightened concerns over global economic growth.
Currency markets have also struggled. The rupee ended nearly flat after hitting a record low against the US dollar.
In commodities, gold Prices edged higher on Tuesday amid hopes of de-escalation in West Asia tensions. However, the metal is still on track for its worst monthly performance in over 17 years, as elevated energy prices reduce expectations of a US interest rate cut this year.
Looking ahead, trading activity this week will be further curtailed, with markets set to remain closed again on Friday, April 3, in observance of Good Friday.
Investors are expected to remain cautious when markets reopen, closely tracking geopolitical developments, crude oil price movements, and global monetary policy signals for further direction.
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Published on March 31, 2026