Trading in the stock market will remain closed on April 14. main attraction here

Trading in equity, equity derivatives and SLB segments will close on April 14, according to BSE and NSE.

Too, Market Due to holiday on 15th and 16th April it will automatically be closed.

Therefore, investors who wish to invest in capital market instruments this week can do so only on April 10, 11, 12 and 13.

This week, Q4 earnings Major IT companies TCS and Infosys as well as HDFC Bank will influence the sentiments in the respective sector. Besides this, macroeconomic data such as factory output, CPI inflation and WPI inflation will play a part in defining the mood. Additionally, global cues and foreign inflow trends will also be in focus.

The Sensex gained at least 841.5 points or 1.4% last week, while the Nifty 50 also gained over 239 points or 1.4%.

The latest print of Sensex is 59,832.97 and Nifty 50 is 17,599.15. Last week the markets had only 3 trading sessions with holidays on 4th April and 7th April.

Sensex and Nifty 50 have been rising over the past five trading sessions— positive monthly auto sales data, higher-than-expected PMI manufacturing data, strong quarterly bank and NBFC numbers, unexpected tax cut, and a surprise pause in rate hikes by the Reserve Bank of India — To be the major driving factor.

Besides, at the interbank forex market, the Indian rupee edged higher against the US dollar following RBI’s repo rate cut. This will be the third consecutive weekly gain of the rupee. The local unit ended April 6 at 81.8850 per dollar, as against its previous print of 82 per dollar.

RBI surprised the market by keeping the repo rate unchanged at 6.5%. However, it maintained its stance of “withdrawing accommodation” on the policy as well.

While FPIs have become buyers with inflow of investment into Indian equities 3,747 crore so far in the month of April.