Indian stock exchanges, including the BSE and the National Stock Exchange (NSE), will remain closed on Monday, October 2, on account of Mahatma Gandhi Jayanti. Market activities across all segments, including equity, derivatives, currency, and SLB, will remain shut throughout the day, according to the BSE website.
After the October 2 holiday, there are 4 more market offs this year — October 24 (Dussehra), November 14 (Diwali Balipratipada), November 27 (Gurunanak Jayanti), and December 25 (Christmas). In total, there are 15 market holidays in 2023.
The October 2 has made it a long holiday for the market with the markets already being closed on Saturday (September 30) and Sunday (October 1).
Last week, the BSE benchmark fell 180.74 points or 0.27 per cent, and the Nifty declined 35.95 points or 0.18 per cent.
On Friday (September 29), benchmark Sensex gained 320 points, while the Nifty closed above the 19,600 mark. It was on the back of value-buying in metal, financial and energy stocks aided by positive trends in the US and European markets.
The 30-share BSE Sensex climbed 320.09 points or 0.49 per cent to settle at 65,828.41. During the day, it jumped 643.33 points or 0.98 per cent to 66,151.65. The Nifty advanced 114.75 points or 0.59 per cent to end at 19,638.30.
Among the Sensex firms, NTPC climbed over 3 per cent emerging as the biggest gainer. Tata Motors, Sun Pharma, Tata Steel, State Bank of India, UltraTech Cement, JSW Steel, Bajaj Finance, Reliance, ICICI Bank and IndusInd Bank were the other major gainers.
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