Trading desks across Dalal Street fell silent on Tuesday. The National Stock Exchange and the Bombay Stock Exchange shuttered all operational floors on November 10 to observe Diwali-Balipratipada, halting market momentum just hours after benchmark indices scraped together modest gains.
Both bourses suspended activity across cash equities, equity derivatives, securities lending and borrowing, electronic gold receipts, and wholesale debt platforms, according to the official exchange holiday schedules. Normal market operations will resume on Wednesday, November 11, running the standard cash equity session from 9:15 am to 3:30 pm.
Commodity derivatives face a split schedule. While the National Commodity and Derivatives Exchange remains shut for the full twenty-four hours, the Multi Commodity Exchange halted trade only for its morning window between 9:00 am and 5:00 pm. Commodity contracts on the MCX reactivate for evening business at 5:00 pm, running through 11:30 pm.
The midweek shutdown interrupts an uneven start to Samvat 2083. After logging slight pullbacks during the ceremonial Muhurat trading window on Sunday, November 8, benchmark indices pushed back into positive territory on Monday. The BSE Sensex added 107.25 points, or 0.13 per cent, to settle at 81,106.65. The NSE Nifty 50 climbed 58.25 points, or 0.23 per cent, pulling back above psychological territory to close at 25,044.65.
Fresh inflows into lenders and non-bank financial companies lifted the tape, aided by soft energy inputs as Brent crude dropped 1.04 per cent to settle at $97.46 per barrel. Yet steep selloffs across technology and metal counters capped the upside, keeping overall domestic market breadth tight heading into the scheduled break.
The exchanges declared Tuesday's holiday to commemorate Diwali-Balipratipada, the traditional observance marking the annual return of King Mahabali. Market participants will face two more non-weekend trading interruptions before the calendar year wraps up.
| Exchange Holiday | Date | Impacted Segments | Resumption Details |
|---|---|---|---|
| Diwali-Balipratipada | Tuesday, Nov 10 | Equity, F&O, Debt, SLB, EGR, NCDEX | Resumes Nov 11 at 9:15 am (MCX evening open at 5:00 pm) |
| Prakash Gurpurb Sri Guru Nanak Dev | Tuesday, Nov 24 | Equity, Derivatives, Capital Markets | Normal trading resumes next business session |
| Christmas | Friday, Dec 25 | All Exchange Trading Segments | Normal trading resumes next business session |
Following Tuesday's pause, the market calendar remains clear until Tuesday, November 24, when trading shuts for Prakash Gurpurb Sri Guru Nanak Dev. The final scheduled holiday of the year lands on Friday, December 25, for Christmas.