Indian stock markets surged at the opening bell on Wednesday, November 11, after remaining closed on Tuesday for Diwali-Balipratipada. The benchmark BSE Sensex opened at 82,248.68, marking a gain of 1,142.03 points or 1.41%. Similarly, the Nifty 50 commenced the session at 25,337.80, up by 293.15 points or 1.17%.
The return to trading follows a holiday declared by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) for the festival, which marks the return of King Mahabali to his kingdom. During the closure on Tuesday, November 10, trading remained suspended across all segments, including equity, derivatives, and securities lending and borrowing, according to the exchanges' 2026 holiday calendar.
Investor sentiment has been buoyed by a notable decline in crude oil prices and consistent foreign fund inflows. Both indices have recorded gains of nearly 9% throughout the current month. Prior to the break, the markets had held a special Muhurat Trading session on Sunday, November 8, to usher in Samvat 2083, followed by a regular session on Monday, November 9, where the Sensex closed at 81,106.65.
Key facts
- The BSE Sensex opened Wednesday at 82,248.68, gaining 1,41% from its previous close.
- Nifty 50 recorded an opening increase of 1.17%, reaching 25,337.80.
- Markets were closed on November 10 for Diwali-Balipratipada, affecting equity and commodity segments.
- Domestic markets have seen a cumulative gain of approximately 9% during the month of November.
- The next scheduled trading holiday for the NSE and BSE is November 24 for Prakash Gurpurb Sri Guru Nanak Dev.
Why it matters
The positive opening reflects sustained investor confidence driven by macro-economic factors such as falling crude oil prices and steady foreign investment. Market participants continue to watch these indicators as the indices look to maintain momentum following the festive period.
Background
The exchanges observed a brief disruption in the standard schedule due to the Diwali festivities, which included a symbolic one-hour Muhurat session on Sunday evening to celebrate the start of the new Hindu financial year.
Source: Hindustan Times, Times of India
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