NSE, BSE to Remain Closed on October 2, 2026, for Mahatma Gandhi Jayanti
Key Highlights
- NSE and BSE to Remain Closed on October 2, 2026.
- Mahatma Gandhi Jayanti Listed as Full Trading Holiday in 2026 Market Calendar.
- Dalal Street Declines for Fourth Consecutive Day.
The market will be closed on Friday due to the national holiday. With investors unable to buy or sell shares on the two exchanges during the regular session. Trading in equity derivatives will also be halted.
The weak session on Thursday was attributed to persistent foreign fund selling. Elevated bond yields, and a rise in crude oil prices, which weighed on market sentiment.
The Multi Commodity Exchange (MCX) will also be closed for trading on Friday due to Mahatma Gandhi Jayanti. The exchange's morning and evening sessions will be suspended.
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The 2026 market calendar includes Mahatma Gandhi Jayanti among the national holidays and festivals. Other holidays listed later in the year include Dussehra, Diwali-Balipratipada, and Christmas.
Thursday's session saw the Dalal Street decline for the fourth consecutive day. With the BSE Sensex falling 570.59 points, or 0.79 per cent, to 71,909.70.
The NSE Nifty50 closed at 22,421.95 after losing 198.50 points, or 0.88 per cent.
Among the major laggards on the Sensex were Maruti, Mahindra & Mahindra, Tata Steel, Adani Ports, ITC, Power Grid, and Hindustan Unilever. In contrast, Infosys, Tata Consultancy Services, HCL Tech, and HDFC Bank were among the stocks that gained.
The market is expected to remain cautious ahead of the national holiday, with investors likely to be cautious in their trading decisions.
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The Dalal Street's four-day losing streak has raised concerns about the market's overall health. However, the impact of the national holiday may provide a temporary reprieve for the market.
The 2026 market calendar includes several national holidays and festivals, including Dussehra, Diwali-Balipratipada, and Christmas.
Investors are advised to plan their trading accordingly, taking into account the market's expected behavior during these holidays.
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I write about the forces shaping business and the global economy, from startup growth and changing markets to international trade and policy. My work focuses on breaking down complex developments into clear, practical insights and understanding what they could mean for businesses, investors, and the wider economy.
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