The stock markets in India, including the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and the Multi-Commodity Exchange (MCX), will be closed on Friday, October 2, 2026, in observance of Gandhi Jayanti. This national holiday honors the birthday of Mohandas Karamchand Gandhi, a key leader in India's independence movement.
- Stock markets will be closed on October 2 for Gandhi Jayanti.
- Trading will resume on Monday, October 5.
- MCX will have a partial holiday on October 20 for Dussehra.
- Several other trading holidays are scheduled for November and December 2026.
Why is the stock market closed on October 2?
October 2 is celebrated as Gandhi Jayanti, a national holiday in India marking the birth anniversary of Mahatma Gandhi. As a result, all major stock exchanges including NSE, BSE, and MCX remain closed to observe this day.
What segments will be affected by the holiday?
There will be no trading in equity, derivatives, or securities lending and borrowing (SLB) segments on October 2. The closure affects all regular trading activities on these exchanges.
When will normal trading resume?
Normal trading hours will resume on Monday, October 5, 2026. The markets are usually open from Monday to Friday, between 9:15 a.m. and 3:30 p.m.
Are there other upcoming stock market holidays in 2026?
Yes, several holidays remain in the calendar year 2026. The bourses will also be closed on Tuesday, October 20, for Dussehra. In November, the markets will be closed on November 10 for Diwali-Balipratipada and November 24 for Prakash Gurpurb Sri Guru Nanak Dev. Additionally, November 8 will be a trading holiday except for a special one-hour Muhurat trading session. The last trading holiday of the year will be on Friday, December 25, for Christmas.
Will the Multi-Commodity Exchange have any special timings?
The MCX will be fully closed on October 2 for Gandhi Jayanti. On October 20, the MCX will observe a partial holiday, closing for its morning session from 9 a.m. to 5 p.m. and reopening for the evening session from 5 p.m. to 11:30/11:55 p.m.
Will banks also be closed on Gandhi Jayanti?
Yes, banks across India will remain closed on October 2 in observance of Gandhi Jayanti.
Frequently Asked Questions
Q: Are both NSE and BSE closed on October 2, 2026?
A: Yes, both NSE and BSE will be closed on October 2 for Gandhi Jayanti.
Q: Is there any trading on MCX on October 2?
A: No, the Multi-Commodity Exchange will be fully closed on October 2.
Q: When will the stock markets reopen after the Gandhi Jayanti holiday?
A: The markets will reopen on Monday, October 5, 2026.
Q: What are the other major stock market holidays in late 2026?
A: Other major holidays include October 20 (Dussehra), November 8 (Muhurat trading day), November 10 (Diwali-Balipratipada), November 24 (Prakash Gurpurb Sri Guru Nanak Dev), and December 25 (Christmas).
