BSE, NSE closed today for Gandhi Jayanti; markets reopen Monday
Synopsis
Indian equity markets are shut for Gandhi Jayanti on 2 October, extending the break to three consecutive days. The closure comes after Sensex logged a fourth straight session of losses Thursday, dropping 570 points amid foreign outflows and rising crude — leaving investors to reassess before trade resumes Monday.
Key Takeaways
BSE and NSE are closed on 2 October 2026 for Mahatma Gandhi Jayanti , covering equity, derivatives, and SLB segments.
The holiday creates a three-consecutive-day market break ; trading resumes on Monday, 5 October 2026 .
MCX is also closed in both morning and evening sessions on Friday.
Sensex fell 570.59 points to 71,909.70 on Thursday — its fourth straight losing session this week.
Nifty50 ended 198.50 points lower at 22,421.95 on Thursday.
Remaining 2026 market holidays: Dussehra (20 Oct) , Diwali-Balipratipada (10 Nov) , Prakash Gurpurb (24 Nov) , Christmas (25 Dec) .
BSE and the National Stock Exchange (NSE) remain shut on Friday, 2 October 2026, as Indian equity markets observe a trading holiday for Mahatma Gandhi Jayanti. The closure extends to all market segments, including equity, derivatives, and securities lending and borrowing (SLB).
Three-Day Trading Break
With Saturday and Sunday being regular non-trading days, the Gandhi Jayanti closure creates a three-consecutive-day market break. Normal trading on both BSE and NSE is set to resume on Monday, 5 October 2026. The Multi Commodity Exchange of India (MCX) is also closed for both its morning and evening sessions on Friday.
Remaining Market Holidays in 2026
According to the official market holiday calendar, October carries two trading holidays — 2 October for Gandhi Jayanti and 20 October for Dussehra. The remaining closures scheduled for the year are Diwali-Balipratipada on 10 November, Prakash Gurpurb on 24 November, and Christmas on 25 December.
Where Markets Stood Before the Break
Indian benchmarks entered the long weekend on a weak note. On Thursday, the Sensex fell 570.59 points, or 0.79%, to close at 71,909.70 — its fourth consecutive session of losses this week. At its intraday low, the headline index shed as much as 1,187.41 points, or 1.63%, touching 71,292.88. The Nifty50 settled 198.50 points, or 0.88%, lower at 22,421.95.
Continued foreign fund outflows, elevated bond yields, and a fresh rise in crude oil prices were cited as the primary headwinds driving the selloff through the week.
Technical Outlook: Oversold But Cautious
Market analysts noted that while the overall bias remains negative, a sharply oversold Relative Strength Index (RSI) suggests the market is entering territory where a technical rebound could emerge. According to experts, the ability to sustain above the breached April 2025 swing-low region will be critical for stabilisation. A continued slide below that level, they warned, could keep the broader downtrend intact. Any recovery is expected to be scrutinised for signs of sustained buying rather than a short-term technical bounce.
Point of View
Rising crude, and elevated bond yields are a simultaneously bearish trio; the unresolved question is whether the technically oversold RSI triggers genuine bargain-hunting on Monday or merely a dead-cat bounce. The April 2025 swing-low level, flagged by analysts as the line in the sand, will be the first test when trade resumes. If that floor gives way on volume, the correction could deepen meaningfully.
NationPress
2 Oct 2026
Frequently Asked Questions
Are Indian stock markets open today, 2 October 2026?
No, BSE and NSE are closed on 2 October 2026 for Mahatma Gandhi Jayanti. The closure covers all segments — equity, derivatives, and SLB — and MCX is shut for both sessions as well.
When will BSE and NSE reopen after Gandhi Jayanti?
Both exchanges will resume normal trading on Monday, 5 October 2026. Saturday and Sunday are regular non-trading days, making this a three-consecutive-day market break.
What are the remaining stock market holidays in 2026?
After Gandhi Jayanti on 2 October, the remaining official market holidays in 2026 are Dussehra on 20 October, Diwali-Balipratipada on 10 November, Prakash Gurpurb on 24 November, and Christmas on 25 December.
How did markets close before the Gandhi Jayanti holiday?
Sensex fell 570.59 points, or 0.79%, to 71,909.70 on Thursday — its fourth consecutive losing session this week. Nifty50 declined 198.50 points, or 0.88%, to settle at 22,421.95, weighed by foreign outflows, rising crude prices, and elevated bond yields.
What is the market outlook when trading resumes on Monday?
Analysts describe the overall bias as negative but note a sharply oversold RSI suggests a potential technical rebound. The key level to watch is the April 2025 swing-low region; sustained trade above it would signal stabilisation, while a breakdown could extend the broader downtrend.
