Stock Market Holiday: NSE and BSE closed to mark Gandhi Jayanti and Dussehra

The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are closed on Thursday, October 2, on the account of Gandhi Jayanti, the birth anniversary of Mahatma Gandhi, and Dussehra. Trading in equities, derivatives, SLBs, interest rate derivatives and currrency derivatives will be shut for the day.Trading on both stock exchanges will resume on Friday, October 3.

On October 1, the 30-share BSE Sensex jumped 715.69 points or 0.89% to settle at 80,983.31. During the day, it surged 800.81 points or 0.99% to 81,068.43.

The 50-share NSE Nifty climbed 225.20 points or 0.92% to 24,836.30.From the Sensex firms, Tata Motors jumped the most by 5.54%, followed by Kotak Mahindra Bank, Trent, Sun Pharma, Axis Bank, and ICICI Bank.

Also, the Reserve Bank of India expectedly left its key interest rates unchanged on Wednesday (October 1), as it waited for greater clarity on the impact of US tariffs as well as transmission of earlier rate cuts and recent tax reductions.

RBI Governor Sanjay Malhotra, however, signalled scope for easing in the coming months to support the economy from any possible hit from US tariffs.