Summary
Stock Market Holiday on October 2, 2025
The Indian stock market will remain closed today, October 2, 2025, on account of Mahatma Gandhi Jayanti and Vijaya Dashami (Dussehra). Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain shut.
Trading across equities, derivatives, SLBs, currency derivatives, interest rate derivatives, and commodity derivatives will remain suspended for the day. Market activity will resume on Friday, October 3, 2025.
Markets Recap – October 1 Performance
On the previous trading session (October 1), Indian markets witnessed a strong rebound after eight consecutive sessions of losses.
- Sensex closed at 80,983.31, up 715.69 points (0.89%).
- Nifty 50 ended at 24,836.30, up 225.20 points (0.92%).
- BSE Midcap Index gained 0.9%.
- BSE Smallcap Index added 1%.
Sector-wise, all major indices ended in the green except PSU Banks. Private banks, realty, pharma, IT, and media stocks surged 1–4%.
Top Gainers and Losers on Nifty
Biggest Gainers:
- Tata Motors
- Shriram Finance
- Kotak Mahindra Bank
- Trent
- Sun Pharma
Top Losers:
- Bajaj Finance
- Tata Steel
- State Bank of India (SBI)
- UltraTech Cement
- Bajaj Auto
RBI Policy Boosts Sentiment
The Reserve Bank of India (RBI) kept the repo rate unchanged, while lowering its inflation forecast to 2.6% and upgrading GDP growth projection to 6.8% for FY26.
Experts believe this move signaled confidence in economic resilience and provided much-needed relief to markets after a prolonged correction phase.
Technical Outlook – Nifty Bottom Reversal
According to Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities:
- A bullish candle formed on the daily chart, signaling a possible short-term bottom reversal.
- Nifty’s sharp bounce came near the 24,400–24,500 support zone (trendline and 200-day EMA).
- The 24,587 level may now act as a higher bottom, indicating a bullish structure in both daily and weekly timeframes.
Rupee Recovers Amid RBI Assurances
The Indian Rupee closed at 88.69 per dollar, strengthening by 9 paise against the previous close of 88.78.
Jateen Trivedi, VP Research Analyst (Commodity & Currency) at LKP Securities, noted:
- RBI assured active steps to maintain rupee stability and liquidity support.
- Liquidity surplus averaging ₹2.1 trillion since August MPC supported recovery.
- The rupee is expected to trade within a range of 88.25–89.10 in the near term.
Outlook After Market Holiday
When trading resumes on October 3, investors will watch global cues, crude oil movement, and foreign fund inflows. With RBI’s supportive stance and strong domestic fundamentals, experts expect short-term bullish momentum in Nifty and Sensex.
Detailed Summary of Stock Market Holiday Today:
| Stock Market Holiday Information | Details |
|---|---|
| Stock Market Holiday Date | October 2, 2025 |
| Stock Market Holiday Reason | Mahatma Gandhi Jayanti and Vijaya Dashami (Dussehra) |
| Stock Market Holiday Exchanges Closed | Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) |
| Stock Market Holiday Trading Segments | Equities, Derivatives, SLBs, Currency Derivatives, Interest Rate Derivatives, Commodity Derivatives |
| Stock Market Holiday Duration | Full-day closure (no sessions) |
| Stock Market Holiday Next Trading Day | Friday, October 3, 2025 |
| Stock Market Holiday Previous Session Sensex Close | 80,983.31 points (up 715.69 / +0.89%) |
| Stock Market Holiday Previous Session Nifty Close | 24,836.30 points (up 225.20 / +0.92%) |
| Stock Market Holiday Midcap Performance | BSE Midcap Index gained 0.9% |
| Stock Market Holiday Smallcap Performance | BSE Smallcap Index added 1% |
| Stock Market Holiday Sectoral Trends | Private banks, Realty, Pharma, IT, Media gained 1–4%; PSU Banks declined |
| Stock Market Holiday Top Nifty Gainers | Tata Motors, Shriram Finance, Kotak Mahindra Bank, Trent, Sun Pharma |
| Stock Market Holiday Top Nifty Losers | Bajaj Finance, Tata Steel, SBI, UltraTech Cement, Bajaj Auto |
| Stock Market Holiday RBI Policy Impact | Repo rate unchanged, inflation forecast cut to 2.6%, GDP growth projection raised to 6.8% |
| Stock Market Holiday Technical Outlook | Bullish candle formed; Nifty rebound near 24,400–24,500 support; 24,587 may act as new higher bottom |
| Stock Market Holiday Rupee Closing | Closed at 88.69 per USD, up 9 paise from previous close of 88.78 |
| Stock Market Holiday Rupee Outlook | Expected to trade in the 88.25–89.10 range with RBI’s liquidity management |
| Stock Market Holiday Investor Focus After Reopening | Global cues, crude oil prices, foreign fund inflows, RBI’s supportive stance |
| Stock Market Holiday Overall Sentiment | Short-term bullish momentum expected in Nifty and Sensex |
Key Takeaways
- BSE & NSE closed today (October 2) for Gandhi Jayanti & Dussehra.
- Markets bounced back on October 1 after an 8-day losing streak.
- Nifty ended above 24,800, Sensex near 81,000.
- RBI policy boost: Repo rate unchanged, inflation forecast cut, GDP growth raised.
- Rupee recovered, supported by RBI liquidity measures.
- Market to reopen October 3, with positive outlook.
FAQs on Stock Market Holiday Today:
1. Is the stock market closed today?
Yes, the BSE and NSE are closed today, October 2, 2025, on account of Mahatma Gandhi Jayanti and Dussehra.
2. Which segments of the stock market will remain shut today?
Trading in equities, derivatives, SLBs, currency derivatives, interest rate derivatives, and commodity derivatives will remain closed.
3. When will stock market trading resume?
The Indian stock market will reopen for normal trading on Friday, October 3, 2025.
4. How did the stock market perform on October 1?
On October 1, the market bounced back strongly after eight losing sessions. Sensex closed at 80,983.31 (up 715.69 points) and Nifty at 24,836.30 (up 225.20 points).
5. Which sectors gained in the last trading session?
On October 1, private banks, realty, pharma, IT, and media stocks gained between 1–4%, while PSU banks were the only sector to end lower.
6. Who were the top gainers and losers on Nifty?
Top gainers: Tata Motors, Shriram Finance, Kotak Mahindra Bank, Trent, and Sun Pharma.
Top losers: Bajaj Finance, Tata Steel, SBI, UltraTech Cement, and Bajaj Auto.
7. What is the RBI’s latest monetary policy decision?
The RBI kept the repo rate unchanged, lowered the inflation forecast to 2.6%, and revised the GDP growth projection upward to 6.8%.
8. What is the technical outlook for Nifty?
Analysts say a bull candle formation on the daily chart indicates a possible short-term bottom reversal. Nifty’s recent swing low of 24,587 may act as a new higher bottom.
9. How did the Indian rupee perform recently?
On October 1, the rupee closed at 88.69 per dollar, up 9 paise from the previous close of 88.78, supported by RBI’s liquidity measures and stability assurances.
10. What range is expected for the rupee in the near term?
Experts expect the rupee to trade in the 88.25–89.10 range, given RBI’s active management of liquidity and foreign exchange stability.