NEW DELHI: Stock and commodity exchanges, and forex and bond markets are closed on Friday on account of Good Friday.
This is the second day this week (after Mahavir Jayanti on Wednesday) when financial markets are shut due to a public holiday.
Globally, stock markets across Hong Kong, Singapore, Australia, France, the UK, Germany, the US, Italy and Spain, among others, are shut on Friday for commemorating the crucifixion of Jesus and his death at Calvary.Japan, which is open for trading , saw its benchmark Nikkei 225 index rise 0.67 per cent or 147 points, to 22,238 in the early trade, tracking gains in US stocks.In overnight trade on Wall Street, the Dow Jones Industrial Average gained 0.4 per cent, the SP500 advanced 0.2 per cent while Nasdaq inched up 0.1 per cent.Back home, domestic commodity exchanges NCDEX and MCX will also be shut for the both morning and evening sessions.
The rupee gained 25 paise to 69.35 on Thursday, but the forex market will be closed on Friday.
The local currency has ended the week 18 paise down .On Thursday, BSE barometer Sensex slipped 135 points, or 0.34 per cent, to 39,140 with 23 constituents ending in the red.
NSE's Nifty settled at 11,753, down 34 points or 0.29 per cent.
For the week, Sensex and Nifty were up 0.96 per cent and 0.94 per cent, respectively.On Monday, the market will first react to Q4 numbers of RIL and HDFC Bank.
We may see further consolidation in Nifty50, but the bias would remain on the positive side.
Traders should maintain caution.
Keep a close watch on earnings season for cues, said Jayant Manglik, President - Retail Distribution, Religare Broking.