Indian equity markets, encompassing the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), are closed on Tuesday, November 10, in observance of Diwali-Balipratipada. This holiday follows a special one-hour Muhurat Trading session held on Sunday to mark the commencement of Samvat 2083, the new Hindu financial year.
During this market holiday, there will be no trading activity across various segments, including equity, equity derivatives, securities lending and borrowing, the capital market, electronic gold receipts, and the debt market. Regular trading operations are scheduled to recommence on Wednesday, November 11.
Commodity Market Trading Hours
For commodity exchanges, the Multi-Commodity Exchange of India Ltd (MCX) will suspend trading during its morning session (9 am to 5 pm) on Tuesday. However, trading will resume for its evening session, from 5 pm to 11:30 pm. In contrast, the National Commodity & Derivatives Exchange Limited (NCDEX) will remain entirely closed for the entire day on November 10.
Recent Market Performance and Next Holiday
The special Muhurat Trading session on Sunday saw both the Sensex and Nifty give up initial gains, closing lower. This marked the first time in nine years that both benchmark indices ended the Muhurat Trading session in the red, snapping a six-session winning streak. On Monday, Indian equities traded range-bound, with the BSE Sensex gaining 107.25 points to 81,106.65, and the NSE Nifty 50 rising 58.25 points to 25,044.65.
Looking ahead, the next scheduled stock market holiday in November is on Tuesday, November 24, for Prakash Gurpurb Sri Guru Nanak Dev.