Thu Oct 23 04:40:00 UTC 2025: News Article:
Indian Stock Markets Closed Wednesday for Diwali Balipratipada; Experts Eye Profit-Led Recovery
Mumbai – Indian stock markets will be closed on Wednesday, October 22, 2024, in observance of Diwali Balipratipada, following a symbolic Muhurat trading session that commenced Samvat 2082. Trading will resume on Thursday, October 23, with market analysts anticipating a profit-driven resurgence for equities in the new Samvat year.
The return to normal trading volumes on Thursday will see investors closely analyzing fresh corporate earnings and global economic indicators. Focus will be placed on the Q2 results of financial, energy, and IT companies.
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Summary of the Text:
The Indian stock markets will be closed on Wednesday, October 22, for Diwali Balipratipada. This comes after the Muhurat trading session. Trading resumes on Thursday, October 23, with experts hopeful for a profit-led recovery in equities in the new Samvat year. Attention will shift to Q2 results, particularly for financials, energy, and IT firms.
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