Is stock market open or closed today? Check NSE, BSE October 2 schedule
Stock markets deserve a well-timed breather on Friday, October 2, after a difficult run of sessions that has seen the Sensex and Nifty face sustained selling pressure. The market has been hit by elevated crude oil prices, high global bond yields and heavy foreign investor selling, making the trading break particularly timely for investors.
So, is the stock market open today? No. The NSE and BSE are closed for trading on Friday, October 2, on account of Mahatma Gandhi Jayanti. The exchange's official 2026 holiday calendar lists October 2 as a trading holiday for the equity segment.
There will be no regular trading in the Indian equity market today, and the next trading session will be on Monday, October 5.WHY IS THE STOCK MARKET CLOSED TODAY?
The Indian stock market is closed today because of Mahatma Gandhi Jayanti, a national holiday observed on October 2.
Both the National Stock Exchange (NSE) and BSE follow an exchange-declared holiday calendar, under which regular equity trading is suspended on specified holidays. October 2 is one such holiday in 2026.
The regular NSE equity trading session normally runs from 9:15 am to 3:30 pm on trading days.
For investors searching for “Is NSE open today?”, “Is BSE open today?” or “Is the stock market closed today?”, the answer is therefore: the Indian stock market is closed on October 2, 2026.
The holiday comes after a weak September for Dalal Street.
The Nifty 50 ended September 30 at 22,620.45, while the Sensex closed at 72,480.29. The indices then fell further on October 1, with the Nifty ending at 22,421.95, down 198.50 points or 0.88%, and the Sensex closing at 71,909.70, lower by 570.59 points or 0.79%.
The Nifty has also now extended its losing streak to eight consecutive weeks, according to Pabitro Mukherjee, Deputy Vice President-Research at Bajaj Broking.
The broader market has also faced pressure, with the Nifty Midcap and Smallcap indices falling 3.6% and 3.4%, respectively, over the week, according to Mukherjee.
The key concerns remain elevated US bond yields, firm Brent crude prices, sustained FII outflows, geopolitical uncertainty around Iran and a weaker rupee.FIIs SOLD NEARLY RS 30,000 CRORE IN THREE SESSIONS
Foreign investor selling has been one of the biggest concerns for Indian markets.
Data for the last three trading sessions shows FIIs sold Rs 9,980.22 crore on September 29, Rs 10,148.41 crore on September 30 and another Rs 9,484.22 crore on October 1.
That means FIIs sold a combined Rs 29,612.85 crore worth of Indian equities in just three trading sessions.
Domestic institutional investors, meanwhile, continued to provide support. DIIs bought Rs 6,952.71 crore on September 29, Rs 11,271.73 crore on September 30 and Rs 10,041.84 crore on October 1.
Mukherjee said FIIs remained net sellers during the past week, while DIIs provided strong support to the market. On a month-to-date basis, FIIs pulled out Rs 44,010 crore from Indian equities in September, while DIIs invested Rs 76,030 crore, according to provisional data.
“FII remained net seller in market for the 15th consecutive month as per provisional figures,” Mukherjee said.WHAT IS WEIGHING ON THE STOCK MARKET?
The recent market decline has been driven by a combination of global and domestic concerns.
Elevated US Treasury yields have reduced investors' appetite for riskier assets, while higher crude oil prices have raised concerns over inflation, India's import bill and corporate margins.
The geopolitical uncertainty surrounding the prospects of a peace deal involving Iran has added another layer of uncertainty, while the depreciation of the rupee has increased pressure on India's external position.
Mukherjee said market participants will continue to track Brent crude prices and developments around US-Iran tensions, as these remain important drivers of global risk sentiment and foreign institutional flows.WHEN IS THE NEXT STOCK MARKET HOLIDAY?
After the October 2 holiday, the next scheduled NSE equity-market holiday is Dussehra on Tuesday, October 20, 2026.
Other upcoming trading holidays include Diwali-Balipratipada on Tuesday, November 10, Guru Nanak Jayanti on Tuesday, November 24, and Christmas on Friday, December 25.
The NSE calendar also lists November 8, a Sunday, as a Diwali Laxmi Pujan trading holiday, with a special Muhurat Trading session to be held that day. The exchange said the timings for Muhurat Trading will be notified separately.WHAT TO WATCH WHEN MARKETS REOPEN
October has a packed calendar for Indian markets. The RBI Monetary Policy Committee meeting is scheduled for October 5-7, followed by the GST Council meeting on October 7. The US Federal Reserve's September meeting minutes are also due on October 7.
The Q2 FY27 earnings season is set to begin with TCS on October 8, while India's September CPI and WPI inflation data are due on October 12 and 14, respectively. Pre-Budget consultations for Budget 2027-28 are also scheduled to continue from October 12 through mid-November.
Globally, investors will track the US Federal Reserve's October 27-28 policy meeting.
Mukherjee said the combination of macroeconomic, policy and corporate triggers could keep institutional flows and market volatility closely linked to crude oil, interest rates, inflation and geopolitical developments.
For investors looking up “when will the stock market reopen?”, the answer is Monday, October 5, when regular trading on the NSE and BSE is scheduled to resume.
(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)- Ends
