Indian markets experienced a downturn on Thursday, ending a week-long upward trend, with Sensex and Nifty plunging in early trade. This decline occurred despite positive closes on Wednesday. The downturn contrasts with gains in most Asian markets,

Christians observe Good Friday, leading to closures of banks, schools, and stock markets in India. Government offices are also closed as it is a gazetted holiday.

US stock markets kicked off the week on a strong note, with all three major indices closing higher on Monday. The Dow Jones jumped over 300 points, while the S&P 500 and Nasdaq also posted solid gains.