Is stock market shut on Ambedkar Jayanti? Check BSE, NSE holiday details

All segments — including equity, equity derivatives, securities lending and borrowing (SLBs), currency derivatives and interest rate derivatives — remained closed across both exchanges.

The commodity derivatives segment, however, was shut only for the morning session (9 am–5 pm) and will reopen for the evening session (5 pm–11:30/11:55 pm), according to reports.

Markets slide amid global tensions

On Monday, Indian benchmark indices witnessed a sharp sell-off, with the BSE Sensex plunging over 1,500 points during intra-day trade before trimming losses to close over 700 points lower.

The NSE Nifty 50 also ended significantly in the red.

The downturn was driven by rising crude oil prices and weakening hopes of a ceasefire between the United States and Iran, which dampened investor sentiment.

The ongoing West Asia conflict triggered broad-based selling across sectors, weighing heavily on the markets.

US move escalates tensions

Fresh geopolitical concerns emerged after the United States Army announced a blockade of Iranian ports starting Monday.

However, it clarified that transit through the Strait of Hormuz for other countries would not be disrupted, according to media reports.