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Thursday, 12 November 2026 · Pakistan

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India Markets Shut for Diwali as Q2 Results Roll In

By The Daily Byte ·10 Nov 2026 ·2 min read
The Bombay Stock Exchange building in Mumbai with its BSE ticker display

Indian stock markets are closed on Tuesday for Diwali-Balipratipada, giving investors a pause after a special festive trading session on Sunday and a regular session on Monday. Trading on the Bombay Stock Exchange and the National Stock Exchange resumes on Wednesday, 11 November.

The holiday suspends trading across equity cash, equity derivatives, securities lending and borrowing, and currency derivatives. The pre-open session on Wednesday starts at 9am, with regular trading from 9.15am. The Multi Commodity Exchange is also shut for its morning session, with trading resuming in the evening.

Festive calendar leaves two more holidays

The closure follows the traditional Muhurat trading session held on Sunday, 8 November, a short ceremonial session that marks the start of the Hindu new year for traders. Regular trading took place as usual on Monday before the holiday.

Two more trading holidays remain in 2026. Markets will close again on Tuesday, 24 November, for the birth anniversary of Guru Nanak Dev, and on Friday, 25 December, for Christmas. Trading and clearing are both suspended on each holiday, so trades made on Monday will settle on Wednesday.

Results season continues despite closure

The holiday has not stopped the flow of company results. A long list of Indian companies is reporting second-quarter numbers on Tuesday, including jeweller Kalyan Jewellers, tyre maker MRF, shipbuilder Cochin Shipyard, animal feed producer Avanti Feeds, rail wagon maker Titagarh Rail Systems and state-run trading firm MMTC.

Early results already out show a mixed picture. Electric bus maker Olectra Greentech reported a 5% rise in quarterly profit to 52.12 crore rupees on revenue of 687 crore rupees, saying it delivered 401 electric vehicles in the quarter and holds an order book of 8,000 buses. Auto parts maker Remsons Industries reported a 15% rise in net profit to 4.7 crore rupees. Investors will be watching the larger names reporting on Tuesday for signs of how consumer demand held up through the festive season, with jewellery, tyres and shipbuilding among the sectors in focus.

Investors watch global cues

With domestic trading shut, Indian investors will be watching overseas markets for direction before Wednesday's reopening. Asian shares rallied on Tuesday after Wall Street's strong rebound on Monday, while attention turns to United States inflation data due later in the day, which could shape expectations for interest rates.

Indian shares ended Monday slightly higher, and traders will return on Wednesday to weigh the latest batch of quarterly results against the global mood.