Indian stock markets shut for Dussehra, trading resumes Wednesday
India's NSE and BSE stay closed Tuesday for the Dussehra holiday. Trading resumes Wednesday, October 21, after Monday's sharp declines in major indices.
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what happened
Indian stock markets will stay closed on Tuesday for the Dussehra holiday and reopen on Wednesday, October 21. The National Stock Exchange and Bombay Stock Exchange included the day in their 2026 holiday calendars. Trading in equities, equity derivatives, currencies and securities lending is suspended, while the Multi Commodity Exchange resumes in the evening.
On Monday the BSE Sensex fell 876.37 points, or 1.17%, to 73,852.90, and the Nifty 50 lost 257.20 points, or 1.11%, to 22,888.95. Weakness in private banks, earnings below expectations and rising crude prices weighed on the market. The Nifty PSU Bank index was the only major sector index to finish higher, up 2.41%.
why it matters
Brent crude traded at $109.66 a barrel. Higher oil prices raise concerns about imported inflation and corporate costs in India, so investors will watch commodity moves and earnings when trading resumes.
market impact
Indian equities: holiday pause after a weak session; higher oil raises inflation and cost pressure.
instruments
sources
- Indian stock markets closed today for Dussehra, trading to resume on Wednesday — Moody's, 20 October 2026 at 03:20 UTC
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