Indian stock exchanges BSE and NSE are closed today, October 2, for Mahatma Gandhi Jayanti. Trading will resume on Monday, October 5, 2026. This break follows a week of market volatility, where benchmark indices faced four consecutive days of losses amid rising global crude oil prices and selling by foreign institutional investors.
Indian equity and commodity markets are closed today, October 2, 2026, in observance of Mahatma Gandhi Jayanti. All trading segments on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), including equity, derivatives, currency futures, and interest rate futures, will remain suspended for the session. Trading operations are scheduled to resume on Monday, October 5, 2026.
The holiday results in a three-day pause, as the closure extends through the upcoming weekend. Investors should note that trade settlement cycles are affected by this break. Any trades executed on the previous trading day, Thursday, October 1, 2026, will be settled on Monday, October 5, because the holiday stops normal clearing activities.
The market enters this break on a cautious note. Before the closure, both the BSE Sensex and the Nifty 50 recorded losses for four consecutive sessions. This downward trend has been driven by a combination of external and internal pressures. Foreign institutional investors have been consistent net sellers, contributing to the selling pressure in major stocks. Additionally, investors have been reacting to external factors, including elevated US treasury yields, a stronger US dollar, and rising global crude oil prices, which often impact the Indian rupee and corporate profitability in oil-importing sectors.
From a technical perspective, the recent decline has caused concern among traders. Market data indicates that the Nifty 50 has breached critical support levels, including the 200-week Simple Moving Average, marking its longest bearish streak in several years. This breach of major technical support levels often signals increased caution, as it indicates a shift in the short-term trend.
When trading resumes on Monday, investors will likely track whether the markets can stabilize or if the selling pressure from the previous week continues. The primary focus for the coming week will be on how global markets behave over the weekend and whether there is any change in the flow of foreign funds, which remains a key driver for domestic index movement.