The Nifty 50 is scheduled to reopen on Monday, October 5, after Indian equity markets remained closed on October 2 for Mahatma Gandhi Jayanti, followed by the weekend. The National Stock Exchange's 2026 trading calendar lists October 2 as a market holiday.
Before the holiday, the Nifty 50 closed at 22,421.95 on October 1, down 198.50 points, or 0.88 percent. The BSE Sensex ended at 71,909.70, lower by 570.59 points, or 0.79 percent.
Editorial Insight
Key Highlights
Important points readers should notice.
Nifty 50 is scheduled to resume trading on Monday, October 5.
October 2 was a scheduled NSE trading holiday for Mahatma Gandhi Jayanti.
Nifty closed at 22,421.95 on October 1, down 0.88 percent.
Sensex ended October 1 at 71,909.70, down 0.79 percent.
Both benchmark indices recorded their eighth consecutive weekly declines.
Crude oil prices near or above $100 a barrel and elevated global bond yields added to market pressure.
The October 1 session extended the benchmarks' weekly losing streak to eight weeks. The Nifty declined 3.1 percent during the week, while the Sensex fell 2.7 percent. Over the eight-week period, the Nifty had declined 8.7 percent and the Sensex 8.4 percent.
Recent market pressure has been accompanied by substantial foreign investor selling. Data reported after the October 1 session showed foreign institutional investors selling about ₹9,484 crore of Indian equities that day, while domestic institutional investors bought about ₹10,042 crore.
Crude oil prices and global bond yields have also remained important market factors. Brent crude moved above $100 a barrel around October 1, while the US 10-year Treasury yield rose to 5.34 percent, according to market reports. The Indian rupee also fell 0.5 percent against the US dollar on October 1 to 96.3150.
Editorial Analysis
Why This Matters
The October 5 session will mark the first regular equity-market session after the holiday break. Developments in crude oil, global bond yields, currency markets and institutional fund flows are among the factors that have recently influenced Indian equities.
The combination of foreign fund outflows, higher oil prices, elevated global yields and currency weakness has added pressure to Indian financial markets.
