Is the Stock Market Open on Dussehra 2026? NSE India Hours
October 20
Is the Stock Market Open on Dussehra 2026? NSE India Hours
NSE India are closed on Tuesday, for Dussehra.
- Next holiday
- Diwali Balipratipada, November 10, 2…
- Regular hours
- 9:15 am to 3:30 pm IST
Full schedule and background: NSE India Holidays.
Updated
The National Stock Exchange of India (NSE) is closed on Tuesday, October 20, 2026 for Dussehra, one of India’s major Hindu festivals. The Bombay Stock Exchange (BSE) also observes the holiday, so no equity, derivatives or currency trading takes place on either exchange that day. Orders placed through Indian brokers on October 20 will queue and execute when the market reopens, and settlement timelines shift accordingly. For the full list of closures this year, see the NSE India holiday calendar.
Investors holding Indian equities, mutual funds pegged to NSE indices, or exchange-traded funds tracking the Nifty 50 should expect a full day without price movement on domestic exchanges. Global funds with India exposure may show stale pricing until the market reopens the next trading session.
Which markets are closed on Dussehra 2026?
| Market | Status | Notes |
|---|---|---|
| NSE India (equities) | Closed | No cash market trading, 9:15 am to 3:30 pm IST session cancelled |
| BSE India (equities) | Closed | Observes the same holiday calendar as NSE |
| NSE derivatives (futures and options) | Closed | No index or stock derivatives trading |
| NSE currency and commodity segments | Closed | Full-day closure across all NSE segments |
| New York Stock Exchange and Nasdaq | Open (regular hours) | US markets do not observe Indian holidays |
| London Stock Exchange | Open (regular hours) | Standard UK trading session |
| Euronext | Open (regular hours) | Standard European trading session |
| Tokyo Stock Exchange | Open (regular hours) | Japan does not observe Dussehra |
This means Dussehra is a purely domestic Indian market closure. Global investors trading Indian depositary receipts or India-focused ETFs listed abroad, such as in New York or London, can still trade those instruments on October 20, though prices may not reflect fresh information from the underlying NSE-listed shares.
Is the market open the day before and after?
The trading session before Dussehra, Monday, October 19, 2026, runs on the NSE’s regular hours of 9:15 am to 3:30 pm IST. There is no early close scheduled ahead of the holiday. The next trading day is Wednesday, October 21, 2026, when NSE and BSE reopen for a normal full session.
Traders who want to adjust positions ahead of the closure need to do so by the close of trading on October 19, since no orders are processed on the exchange itself during the holiday. Any pending settlement obligations from trades executed on October 19 will follow the exchange’s standard settlement cycle once trading resumes on October 21.
Why do markets close for Dussehra?
Dussehra, also known as Vijayadashami, marks the victory of good over evil in Hindu tradition and is one of the most widely celebrated festivals across India. It falls on the tenth day of the Hindu lunar month of Ashwin, following the nine-day Navratri festival, and is observed with public celebrations, processions and effigy burnings in many parts of the country.
Because it is a nationally recognised public holiday, India’s financial markets, including the NSE, BSE, currency markets and most banks, close for the day. The exchange publishes its full holiday calendar each year through the NSE India exchange communication page, which sets these dates well in advance so market participants can plan around them.
What It Means for Your Money
If you hold Indian shares directly or through a fund that trades on the NSE or BSE, any buy or sell orders placed on October 20 will simply wait until the exchange reopens on October 21. This is not unusual and does not put your holdings at risk, it just means execution is delayed by one day.
Settlement of Indian equity trades typically follows a T+1 cycle, meaning a trade executed on one day settles the next business day. A market holiday like Dussehra pushes settlement dates for trades around that period back by a day, which can matter if you are relying on funds from a sale to clear a specific date, for example to cover a related purchase or a withdrawal.
Dividend payment dates and options expiry schedules that would normally fall on October 20 are typically adjusted to the nearest trading day by the exchange or the company involved, so check company announcements if you are tracking a specific payment. Bank holidays in India often coincide with Dussehra in many states, which can affect domestic bank transfers and cheque clearing, though this varies by region and by bank. Cryptocurrency markets, unlike the NSE, trade continuously and are unaffected by this holiday.
For readers outside India, this closure has limited direct effect on savings rates, mortgages or currency markets in the UK, Europe or the US, since it is a single-day, single-country closure rather than a globally significant event. Investors with meaningful exposure to Indian equities through global funds may notice a flat day in their India allocation’s daily valuation.
Remaining NSE India holidays in 2026
- Diwali Balipratipada, Tuesday, November 10, 2026
- Prakash Gurpurb Sri Guru Nanak Dev, Tuesday, November 24, 2026
- Christmas, Friday, December 25, 2026
The next scheduled closure after Dussehra is Diwali Balipratipada on November 10, 2026. Investors planning trades or reviewing portfolio activity around the Indian festive season should note that this period includes several closely spaced holidays.
Frequently Asked Questions
Is the stock market open on Dussehra 2026?
No. Both the NSE and BSE are fully closed on Tuesday, October 20, 2026 for Dussehra, with no trading in equities, derivatives or currency segments.
Is the bond market open on Dussehra?
Indian government bond and money markets typically follow the same holiday calendar as the NSE, so trading and settlement activity is also suspended on October 20, 2026.
What time does the NSE close the day before Dussehra?
The NSE trades its regular full session on Monday, October 19, 2026, from 9:15 am to 3:30 pm IST, with no early close scheduled ahead of the holiday.
When is the next NSE market holiday after Dussehra?
The next NSE holiday after Dussehra is Diwali Balipratipada on Tuesday, November 10, 2026.
Are Indian banks open on Dussehra?
Many Indian banks close on Dussehra as it is a public holiday in numerous states, though this can vary by region, so check with your specific bank for local branch hours.