Indian markets closed today for Balipratipada:Commodity exchange to open at 5 pm; Korean market rises 4%

The Indian stock market is closed today, 10 November, on the occasion of Balipratipada. However, the commodity market MCX will remain open from 5:00 p.m. to 11:30 p.m. NCDEX, or the National Commodity and Derivatives Exchange, will remain closed throughout the day. Balipratipada is linked to the legend of King Bali’s return from the netherworld According to mythology, the day is celebrated to mark the symbolic return to Earth of the benevolent demon king Bali. It is believed that on this day, Lord Vishnu, in his Vamana avatar, granted King Bali the kingdom of the netherworld. He also granted him a boon allowing him to visit Earth once a year to meet his subjects. According to the Hindu calendar, the day also marks the beginning of the new Shukla Paksha. The Sensex rose 107 points yesterday to close at 81,107 On 9 November, the Sensex climbed 107 points to close at 81,107. The Nifty was up 58 points, reaching 25,045. Public sector banks and pharma shares saw the most buying in today’s trading, while IT and metal shares witnessed selling. Korean market climbs more than 4% US market closed higher yesterday Foreign investors bought shares worth ₹43,221 crore in 7 days Stock market had 16 holidays in 2026, 14 have passed Why do MCX and NCDEX have different trading hours? The difference in the trading hours of the two exchanges is due to the nature of the commodities traded. Agricultural produce such as gram and soybean is traded on NCDEX. Trading in these commodities ends in the evening in line with the timings of the mandis. By contrast, MCX trades international commodities such as gold, silver, crude oil and copper. Rates in foreign markets such as the US-based NYMEX and COMEX fluctuate the most in the evening and at night, according to Indian time. That is why MCX remains open until 11:30 p.m., allowing investors to take advantage of fluctuations in global prices.