Indian stock markets remained closed today (Oct 22), for the Bali Pratipada festival holiday.
Trading will resume Thursday (Oct 23), as per the official NSE holiday calendar.
Bali Pratipada is a significant festival commemorating the legendary victory of Lord Vishnu’s Vamana avatar over the demon king Bali, symbolizing devotion, humility, and cosmic balance.
Meanwhile, Asian markets witnessed a mixed trend. Japan’s Nikkei 225 index slipped 0.4 per cent, Singapore’s Straits Times rose 0.25 per cent, Hong Kong’s Hang Seng dropped 0.82 per cent, Taiwan’s Weighted Index fell 0.53 per cent, and South Korea’s KOSPI gained 0.23 per cent.
Indian investors will resume trading tomorrow after a mid-week festival break. Indian benchmark indices ended marginally higher in Tuesday’s special Muhurat Trading session on Tuesday, with the Nifty closing around 25,900.
While the Sensex and Nifty ended flat, broader markets outperformed: the BSE Midcap index gained 0.3 per cent, and the Smallcap index jumped 1 per cent.
Muhurat trading closed with Nifty at 25,868.60, up 25.45 points or 0.10 per cent, while Sensex ended at 84,426.34, up 62.97 points or 0.07 per cent.
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Nifty gainers led by Cipla, Bajaj Finserv, Axis Bank, Infosys, and M&M; losers included Kotak Mahindra Bank, ICICI Bank, Bharti Airtel, Max Healthcare, and Asian Paints. Sector-wise, Nifty Media, Metal, and Pharma topped gains, while PSU Banks and Realty slipped — most sectors closed green.
The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) held a special Muhurat trading session from 1:45 PM to 2:45 PM, marking the start of Samvat 2082.
