BSE, NSE closed today on account of Ambedkar Jayanti 2025; normal operations to resume Tuesday, April 15

The normal operations will resume on Tuesday, April 15.

Ambedkar Jayanti is celebrated to commemorate the memory of Dr Bhimrao Ramji Ambedkar, or B R Ambedkar, who is widely known as the chief architect of the Indian Constitution. Ambedkar served as the chairman of the Drafting Committee, the body responsible for formulating the Constitution.

Dr Ambedkar was a jurist and former Minister of Law and Justice of India. Ambedkar Jayanti marks Ambedkar's birthday, as the great politician was born on April 14, 1891. His birthday is also referred to as Equality Day.

Defying a bearish trend in world markets, the 30-share BSE benchmark Sensex jumped 1,310.11 points, or 1.77%, to settle at 75,157.26. During the day, it soared 1,620.18 points, or 2.19%, to 75,467.33.

The NSE NIFTY50 surged 429.40 points, or 1.92%, to 22,828.55. In intraday trade, the benchmark rallied 524.75 points, or 2.34%, to 22,923.90.

The US announced suspension of additional tariffs on India for 90 days until July 9 this year, according to the White House executive orders. On April 2, US President Donald Trump slapped universal duties on about 60 countries exporting goods to America and additional steep levies on countries like India, potentially impacting sales of products from shrimp to steel in the world's biggest economy.

Meanwhile, foreign investors have pulled out ₹31,575 crore from the country's equity markets so far in April, in the wake of turbulence emanating from sweeping tariffs imposed by the US on most nations, including India.

This came following a net investment of ₹30,927 crore in the six trading sessions from March 21 to March 28. This infusion helped reduce the overall outflow for March to ₹3,973 crore, according to data from the depositories.