Mumbai, April 14 -- Indian stock markets are closed today, on the occasion of Dr. B.R. Ambedkar Jayanti. The day marks the birth anniversary of Babasaheb Ambedkar, who was born on April 14, 1891.

Every year, this day is observed as a public holiday across the country. Schools, banks, and several government offices remain shut in honour of the social reformer and architect of the Indian Constitution.

Meanwhile, the Indian equity markets ended the past week with gains after a very volatile session in the starting of week.

The week began with a sharp sell-off on Monday, as global markets reacted negatively to the U.S. government's announcement of reciprocal tariffs. The move led to fears of a trade war and caused panic among investors. Th...