Stock markets to remain closed on Monday for Dr Baba Saheb Ambedkar Jayanti and on Friday due to Good Friday
The Indian stock markets will remain closed on Monday, April 14, 2020, in observance of Dr Baba Saheb Ambedkar Jayanti. This day marks the birth anniversary of one of the greatest social reformers and leaders of our country, Dr Bhimrao Ramji Ambedkar. The stock markets will also remain closed on Friday, April 19, 2020, for Good Friday, which is a significant religious holiday for the Christian community.
Dr Baba Saheb Ambedkar was a visionary leader who dedicated his life to fighting against social discrimination and inequality. He was the chief architect of the Indian Constitution and played a crucial role in shaping the future of our nation. His contributions to the upliftment of the marginalized sections of society are unparalleled and continue to inspire generations.
On this auspicious day, the entire nation pays tribute to Dr Ambedkar and remembers his teachings and principles. It is a day to reflect on his vision of a just and equal society and to work towards achieving it. The closure of the stock markets on this day is a mark of respect and a reminder of his immense contribution to our nation.
Similarly, Good Friday is a significant day for the Christian community as it commemorates the crucifixion of Jesus Christ and his death at Calvary. It is a day of mourning and reflection for Christians all over the world. The closure of the stock markets on this day allows people to observe this holy day with their families and loved ones.
The decision to keep the stock markets closed on these two days is a welcome move by the government. It shows their respect for different cultures and religions and their commitment to promoting communal harmony in the country. It also gives people the opportunity to take a break from their busy lives and spend quality time with their families and friends.
The closure of the stock markets on these two days will not have any adverse impact on the financial markets. In fact, it will give investors and traders a chance to take a step back and evaluate their investment strategies. It will also give them time to recharge and come back with renewed energy and focus.
Moreover, the closure of the stock markets on these two days will not affect the economy in any way. The stock markets will resume their operations on the following Monday, and business will continue as usual. The closure of the stock markets is a small sacrifice in comparison to the significance of these two days.
In conclusion, the closure of the stock markets on Monday for Dr Baba Saheb Ambedkar Jayanti and on Friday for Good Friday is a positive and welcome decision. It is a mark of respect for the great leader and a gesture of inclusivity towards all religions and cultures. Let us use these two days to reflect on the teachings of Dr Ambedkar and the sacrifice of Jesus Christ and strive towards building a better and more harmonious society.