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Stock markets closed on account of Mahavir Jayanti


Stock markets were closed on Wednesday due to Mahavir Jayanti, one of the most important festivals for Jain community that is celebrated to mark the birth of Lord Mahavir.

On Tuesday, equity benchmark indices had touched new milestones amid sustained buying from foreign investors.

The market sentiment was cheerful over initial corporate earnings and prospects of near-normal rains for the monsoon season.

Meanwhile, Asian share markets were in the green after positive Chinese economic data.

reported first quarter economic growth at 6.4 per cent and industrial output surging 8.5 per cent in March from a year earlier.


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 17 2019. 10:59 IST