Stock exchanges will remain closed on Thursday, May 1, for 'Maharashtra Day,' leading to a truncated trading week. 

The Indian benchmark indices declined over 0.5% on Friday as investors remained cautious amid rising geopolitical tensions.

Despite downward revisions from major global financial institutions, India is poised to remain the fastest- growing major economy in the world.

 India's 10-year govt bond yield has declined to approximately 6.33% as of April 23, while the U.S.Treasury yield has risen to about 4.36%, 

The markets in India ended lower on Thursday, pulled down by Reliance Industries and financial sector stocks.

India is aiming to increase its exports of hand and power tools to over $25 billion by 2035, according to a report.