Indian Stock Markets Closed Today for Gandhi Jayanti and Dussehra

The Bombay Stock Exchange (

) and National Stock Exchange (NSE) are shuttered today in observance of Mahatma Gandhi Jayanti and Dussehra, halting trading across equities, derivatives, SLBs, currency, interest rate, and commodity segments. Markets will reopen on Friday, October 3, allowing traders a brief pause amid festive preparations. The closure follows a robust rebound on Wednesday, October 1, where benchmark indices ended an eight-day losing streak buoyed by the Reserve Bank of India's (RBI) steady monetary policy. The RBI held the repo rate at 5.50%, slashed its FY26 inflation projection to 2.6% from 4.4%, and lifted the GDP growth forecast to 6.8% from 6.5%, signaling easing pressures and stronger economic tailwinds. At close, the Sensex climbed 715.7 points (0.9%) to 80,983.21, while the Nifty 50 surged 225.2 points (0.92%) to 24,836.3. Midcap and smallcap indices gained 0.9% and 1%, respectively, led by banking and realty sectors. Investors now eye global cues and the Diwali holiday on October 21 for potential volatility.