Stock market holiday: NSE and BSE closed today for Dussehra

The Indian stock market is closed today in observance of Dussehra.  Stock trading will be halted for three days in October due to festivals.

In addition to Wednesday, October 5, the BSE and NSE will be closed on Monday, October 24, and Wednesday, October 26, in observance of Laxmi Pujan and Diwali Balipratipada.

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The exchange will announce the schedule of the muhurat trading, which will take place for one hour on Diwali (October 24). During these holidays, trading will also halt in the interest rate derivatives and currency derivatives segments.

There will be no trading on these three days in the equities, equity derivative, and SLB segments, according to the BSE website.

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The country’s major commodities exchange, the Multi Commodity Exchange of India (MCX), as well as the commodity derivatives section will both be closed for trade for the first half of the trading session on October 5, 24, and 26. They will start trading again in the evening session on October 5 and 26 from 5 pm until 11:30/11:55 pm.

The agricultural commodities exchange, the National Commodity & Derivatives Exchange Limited (NCDEX), will be shut for both trading sessions on October 5 and October 26.

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However, on October 24, it will stay open for the duration of the second half. Trading will be paused on Tuesday, November 8 for one day due to Gurunanak Jayanti. For the calendar year 2022, the BSE holiday calendar contains 13 official trading holidays.

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On the basis of improving market confidence, Indian equity indices gained more than 2% in the last session, recovering from significant losses. The Nifty rose 386.95 points to 17,274.30, while the Sensex rose 1,276.66 points to settle at 58,065.47.