<a href="https://www.mid-day.com/business/stock-market/article/market-outlook-analysts-cautiously-optimistic-about-indian-equities-this-week-23644059" target="_blank" rel="none noopener">The Indian equity market </a>is closed for trading today, Tuesday October 20, on account of Dussehra.
According to the official holiday calendar issued by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), the bourses will remain closed for trading on Tuesday, October 20, 2026.&nbsp;
Investors cannot buy and sell shares during the regular trading window. Trading in equity derivatives, currency derivatives, commodity derivatives, corporate bonds, electronic gold receipts will also remain closed on Tuesday. The trading activity on both the exchanges will resume on Wednesday, October 21.
Besides, in the commodity market, the Multi Commodity Exchange (MCX) will also observe Dussehra. However, this will lead to partial disruption in services. According to the MCX, trading activity will remain closed in the morning session between 9 am to 5 pm but will resume in the evening session at 5 pm.&nbsp;
<h2>What happened to the market indices on Monday?</h2>
The domestic equity benchmark indices declined on Monday snapping their two day winning streak amid selling in the private bank and IT stocks. The escalating geopolitical tensions in West Asia also weighed on investor sentiment.
<a href="https://www.mid-day.com/business/stock-market/article/sensex-tanks-876-points-nifty-sheds-257-points-amid-selling-in-it-private-bank-stocks-23655889" target="_blank" rel="none noopener">The 30-share BSE Sensex tanked 876.37 points, or 1.17 per cent</a>, to settle at 73,852.90. The 50-share NSE Nifty slumped 257.20 points, or 1.11 per cent, to end at 22,888.95.
Foreign Institutional Investors (FIIs) were net sellers on Monday, offloading equities worth Rs 1,148.64 crore, according to the exchange data. Domestic Institutional Investors (DIIs) were net buyers, purchasing equities worth Rs 3,201.19 crore.
<h2>Jio Platforms IPO</h2>
Investors would be interested in the primary market IPO, with Reliance Industries' digital services arm Jio Platforms opening its initial public offering (IPO) on October 21, which will close for subscription on October 23.
<a href="https://www.mid-day.com/business/business-news/article/jio-platforms-ipo-price-band-set-at-rs-1065-to-rs-1119-per-share-for-indias-largest-issue--23655163" target="_blank" rel="none noopener">The company has set at a price band of Rs 1,065 to Rs 1,119 per share</a> for the public issue and at the upper end, &nbsp;will raise about Rs 30,213 crore, making it the largest public issue in the country. Hyundai Motor India's Rs 27,870-crore IPO in 2024 is the largest issue in India, so far.
On Monday, the company saw over 30 times demand for its anchor book subscription. It allotted shares worth Rs 8,109.85 crore to 212 anchor investors at the higher end of its price band, after institutional demand for the offering exceeded Rs 2.5 lakh crore, according to news agency PTI.
(With inputs from PTI)

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According to the official holiday calendar issued by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), the bourses will remain closed for trading on Tuesday, October 20, 2026

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Home / Business / Stock Market / Article / Dussehra 2026: Are NSE, BSE and MCX open or closed today, October 20?