Mumbai/IBNS, April 14 -- Trading in the Indian stock market remained shut on Tuesday as both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) observed the holiday of Ambedkar Jayanti.

The commodity derivatives segment, however, was shut only for the morning session (9 am-5 pm) and will reopen for the evening session (5 pm-11:30/11:55 pm), according to reports.

Markets slide amid global tensions

The NSE Nifty 50 also ended significantly in the red.

The downturn was driven by rising crude oil prices and weakening hopes of a ceasefire between the United States and Iran, which dampened investor sentiment.

The ongoing West Asia conflict triggered broad-based selling across sectors, weighing heavily on the markets.

US...