The Indian stock market will observe a holiday on April 3 for Good Friday, providing investors with an extended break following another closure on March 31 for Mahavir Jayanti. This week marks the second holiday for the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). In the first days of April, the Sensex increased by 1.65%, closing at 73,134.32, while the Nifty 50 rose by 1.56% to 22,679.40. Analysts suggest that while April has historically been a positive month for the markets, the ongoing US-Iran conflict may lead to increased volatility. The geopolitical situation has affected crude oil prices and the Indian rupee, contributing to foreign institutional investor outflows. Despite these challenges, the Nifty's valuation has corrected to approximately 19 times earnings, which is below the 10-year average of 22 times, potentially offering a margin of safety for long-term investors. Upcoming stock market holidays include April 14 for Dr. Baba Saheb Ambedkar Jayanti, with a total of 11 holidays scheduled for the remainder of 2026.