Stock Market Holiday Today: BSE, NSE Closed for Guru Nanak Jayanti; Trading to Resume on November 6
Mumbai, November 5, 2025 – The Indian stock market will remain closed today (Wednesday, November 5) on account of Guru Nanak Jayanti, also known as Prakash Gurpurb Sri Guru Nanak Dev Ji’s birth anniversary. Both major stock exchanges — the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) — will observe a full-day trading holiday.
This holiday applies across segments including equities, derivatives, securities lending and borrowing (SLB), currency derivatives, and interest rate derivatives, halting all trading activities for the day.
Commodity Markets Open Only for Evening Session
While equity and derivative markets will remain completely shut, the commodity derivatives segment under the Multi Commodity Exchange (MCX) will follow a partial trading schedule. The market will stay closed in the morning session (9:00 am to 5:00 pm) but will open in the evening session from 5:00 pm to 11:30/11:55 pm.
Normal trading across all segments on BSE and NSE will resume on Thursday, November 6, 2025.
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Markets Ended Lower Ahead of Holiday
On November 4 (Tuesday), domestic equity benchmarks ended on a negative note, with both indices witnessing broad-based selling pressure. The Sensex dropped 519.34 points or 0.62% to close at 83,459.15, while the Nifty 50 slipped 165.70 points or 0.64% to settle at 25,597.65.
Sector-wise, most indices closed in the red except for telecom and consumer durables, which managed to stay resilient amid the broader market weakness.
Among major laggards were Power Grid Corp, Coal India, Tata Motors, and Bajaj Auto, while gainers included Titan Company, Bharti Airtel, Bajaj Finance, HDFC Life, and M&M.
The BSE Midcap index fell 0.2%, and the Smallcap index shed 0.7%, indicating weakness across broader market segments.
Analysts Cite Profit-Taking and Weak Global Cues
Market experts attributed Tuesday’s decline to profit-booking across heavyweight sectors and weak global cues that dampened investor sentiment.
“Markets edged lower on the weekly expiry day, with the Nifty slipping 0.7% to close around 25,600. After a flat start, the index faced sustained selling pressure and gradually drifted lower through the session, ending near the day’s low,” said Ajit Mishra, SVP, Research, Religare Broking.
He added that profit-taking in large-cap sectors and inconsistent foreign institutional investor (FII) flows added to the cautious tone in the market.
“Technically, Nifty retested its 20-day EMA, and a sustained move below this level could weaken the positive bias, potentially extending the corrective phase toward 25,400. On the upside, 25,800 is likely to act as an immediate hurdle,” Mishra noted.
He advised traders to maintain strict risk management and adopt a wait-and-watch approach until a clear directional trend emerges.
Rupee Ends Higher but Volatility Persists
Meanwhile, the Indian rupee closed 13 paise higher at 88.65 per dollar on Tuesday compared to its previous close of 88.78.
“Rupee started on a strong note near 88.40, likely supported by central bank intervention. However, the optimism faded as the session progressed, with renewed selling pressure pushing the rupee lower again,” said Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.
He added that persistent FII outflows and subdued market sentiment limited gains for the domestic currency.
Going forward, Trivedi expects the rupee to remain volatile, trading within a narrow range of 88.25–88.90, with the RBI’s interventions likely providing support at lower levels.
Upcoming Trading Outlook
Market participants expect trading activity to pick up from Thursday (November 6) as investors digest global cues and upcoming domestic macroeconomic data.
Experts believe that the near-term trend will depend on:
FII and DII (domestic institutional investor) flows,
Movement in crude oil prices,
US Federal Reserve commentary, and
Corporate earnings outlook for Q3 FY26.
As global markets remain cautious amid concerns over inflation and economic growth, Indian equities are expected to witness range-bound trading in the short term.
Key Takeaways
BSE and NSE remain closed today, November 5, 2025, for Guru Nanak Jayanti.
Equity, derivative, and SLB segments will remain shut for the day.
Commodity markets to trade only in the evening session from 5:00 pm to 11:55 pm.
Trading to resume on Thursday, November 6.
On Tuesday, Sensex fell 519 points, and Nifty closed below 25,600 amid profit-taking and weak global cues.
The rupee ended slightly stronger but is expected to remain volatile in the near term.
Summary
The Indian stock market is taking a breather today as trading remains suspended for Guru Nanak Jayanti, marking an important religious holiday across the country. With markets set to reopen on Thursday, investors are expected to return with a focus on global trends, earnings updates, and currency movements.
As the festive season continues, experts anticipate moderate volatility but remain confident about India’s long-term growth potential, supported by strong domestic demand and improving macroeconomic fundamentals.
