Indian stock markets shut for Gandhi Jayanti observance

Both the Bombay Stock Exchange and National Stock Exchange will observe a trading halt from Friday, October 2, through Sunday, October 4, in observance of Gandhi Jayanti. The closure encompasses the national holiday on October 2 and extends through the weekend, resulting in no market activity across the three-day period.

Gandhi Jayanti, celebrated annually on October 2, marks the birth anniversary of Mohandas Karamchand Gandhi, the father of the Indian independence movement. The day is observed as a national holiday across India, with all major financial institutions, including the stock exchanges, remaining closed.

Investors and traders are advised to plan their portfolios accordingly ahead of the market closure. Normal trading operations are expected to resume on Monday, October 5, with all segments of the exchanges becoming fully operational.

The closure follows the standard practice of Indian financial markets shutting down on national holidays and significant commemorative occasions. Market participants should note the extended weekend break when managing their investment positions and trading schedules.