Are the Stock Market (NSE, BSE) and Banks Closed on Dussehra, October 20, 2026?

On October 20, 2026, the celebration of Dussehra will lead to closures across various financial institutions in India. Both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain closed for trading today, impacting investors' ability to execute transactions.  

Additionally, banks in most regions will also be shut, except for certain locations like Gangtok and Imphal. 

Stock Market (NSE and BSE) Holiday on Dussehra 2026 

Both the NSE and BSE will not operate today, October 20, 2026, due to the Dussehra holiday. This closure means investors cannot place or execute buy and sell orders during the regular market session on the NSE and BSE.  

The holiday is also marked as an NSE and BSE clearing holiday, affecting both trading and settlement activities. 

Impact on Settlement Cycle 

The T+1 settlement cycle will be adjusted due to the holiday. Since October 20, 2026, is a settlement holiday for the NSE and BSE, any trade settlement scheduled for today will be moved to the next applicable settlement day. Investors should plan accordingly for the movement of securities and funds. 

Banks Holiday Across India on Dussehra 2026 

Banks will remain closed in most RBI-listed centres, including major cities like Mumbai, New Delhi, and Bengaluru. However, Gangtok and Imphal are exceptions, where banks will remain open. Customers should verify regional notifications before planning any branch visits. 

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MCX Trading Schedule on Dussehra 2026 

The Multi Commodity Exchange (MCX) will have a modified trading schedule on Dussehra. The morning session will be closed, but the evening session will remain open from 5:00 P.M. to 11:30 P.M./11:55 P.M. Commodity traders should adjust their plans accordingly. 

Conclusion 

On October 20, 2026, Dussehra will result in the closure of the NSE and BSE, affecting trading and settlement processes today. Banks will also be closed in most regions, except Gangtok and Imphal. MCX will operate only in the evening session. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.