NSE and BSE to close for Dussehra on October 20

Trading segments and asset classes affected

The suspension of trading and settlement activities on 20 October 2026 applies to a wide range of financial instruments. This includes the equity, derivatives, and securities lending and borrowing segments.

Trading in commodities, bonds, and forex instruments will also be closed during the holiday.

MCX to observe partial closure

The Multi-Commodity Exchange will observe a partial closure on 20 October 2026. It will remain closed for its morning session from 9 am to 5 pm.

Trading will resume for the evening session at 5 pm, continuing until 11:30 pm or 11:55 pm.

Settlement delays and options time decay

While markets may trade on certain holidays, there is no settlement on those days, meaning fund transfers and payouts are deferred to the next working day. Options positions held over a long weekend are subject to three days of time decay.

Investors are advised to check the respective exchange notices for segment-specific details, as orders and settlement timelines may be affected by the holiday.

Four trading holidays remain for 2026

There are 16 scheduled stock market holidays for 2026, excluding weekends. With 12 holidays having already passed and 20 October marking the 13th, four trading holidays remain for the rest of the year.

The last market holiday before the October closure was 2 October for Gandhi Jayanti. In November, the exchanges will remain closed on Tuesday, 10 November, for Diwali-Balipratipada and on Tuesday, 24 November, for Prakash Gurpurb Sri Guru Nanak Dev.

The final trading holiday of the calendar year 2026 will be on Friday, 25 December, for Christmas. Regular equity-market trading normally takes place from 9:15 am to 3:30 pm on trading days, excluding weekends and declared market holidays.

Muhurat Trading set for November 8

Muhurat Trading will take place on Sunday, 8 November 2026, for Diwali Laxmi Pujan.

The National Stock Exchange and the Bombay Stock Exchange will notify the specific timings for this session through a circular.

Recent market performance and analyst outlook

On 16 October 2026, the Sensex closed at 74,729.27, an increase of 413.66 points or 0.6%. The Nifty 50 rose by 148.80 points or 0.65% to finish at 23,146.15.

Between 12 and 16 October 2026, the Sensex grew by 2,387.26 points, or 3.30%. During the same period, the Nifty 50 increased by 562.80 points, or 2.5%.

Ajit Mishra, senior vice president of research at Religare Broking, said the market remains cautious as crude oil prices, geopolitical developments, and global bond yields influence near-term direction.

Ponmudi R, chief executive officer of Enrich Money, said the Nifty 50 moved above the 23,000 mark. He added that the index faces immediate resistance at 23,150 and has the potential to reach 23,300 to 23,400 if it sustains above that level.

Regional bank holiday variations

Banks across major Indian cities, excluding Gangtok, will observe a holiday on 20 October 2026 for Dasara, Dusshera, Vijaya Dashmi, Maha Navami, Ayudhapooja, and Durga Puja, as per the Reserve Bank of India holiday calendar.

On Monday, 19 October 2026, banks in Agartala, Aizawl, Bhubaneswar, Chennai, Dehradun, Guwahati, Imphal, Itanagar, Kanpur, Kochi, Kohima, Kolkata, Lucknow, Patna, Ranchi, and Thiruvananthapuram remained closed for Dussehra, Mahashtami, Maha Navami, Ayutha Pooja, Durga Puja, Vijaya Dashomi, and Durga Ashtami.