When Is Guru Purnima 2026?

According to Drik Panchang, Guru Purnima will be celebrated on July 26, 2026. Full moon day during Ashadha month is known as Guru Purnima day. Traditionally this day is reserved for Guru Puja or Guru Worship. On this day disciples offer Puja or pay respect to their Gurus. Guru refers to spiritual guide who enlighten disciples by his knowledge and teachings.

Will the stock market be closed?

As per both BSE and NSE holiday lists, the stock market will not be closed on July 29th for Guru Purnima. Also, there are no special holidays during the upcoming trading week.

Stock Market Holidays Next Week

Simply put, trading at BSE, NSE, and MCX will remain open at normal hours on July 27, July 28, July 29, July 30, and July 31.

The next holidays for trading are August 1st and August 2nd due to the weekend.

SENSEX, NIFTY Weekly Performance:

For trading week from July 20th to 24th, Sensex plunged by 1,514.84 points or 1.95% to close at 76,059.77. While Nifty slipped by 422.40 points or 1.75% to end at 23,767.45.

Talking about the performance, Vinod Nair, Head of Research, Geojit Investments said, "inflationary fears intensified as the escalation of the West Asia conflict and the blockade at the Red Sea helped crude to cross the $100 per barrel mark. Market expectations for a September rate hike have firmed up with both US and domestic yields edging higher during the week. For domestic investors, concerns were further exacerbated by the return of US tariff-related uncertainties, which have cast a shadow over the outlook for export-oriented sectors."

"If we are to go by the July PMI, it is signaling towards a moderating business activity and softer economic sentiment. Collectively, these factors dampened domestic investor sentiment, leading to a steady declines through the week, with large-cap stocks bearing the brunt of the selling pressure and underperforming the broader market," he added.

Sectorally, the analyst said, rate-sensitive sectors such as banking and real estate witnessed significant selling pressure. However, despite the challenging backdrop, FMCG and auto stocks emerged as relative outperformers, supported by strong quarterly earnings from key industry leaders, underscoring investors' preference for companies capable of delivering consistent earnings growth amid broader market volatility.

Stock Market Outlook

Looking ahead, Nair said, "market direction is likely to remain closely tied to movements in crude oil prices and evolving global monetary policy expectations. While the US Fed's policy decision, inflation data, and GDP growth numbers will be key determinants of the global interest rate outlook, investors will also closely track domestic IIP data to assess the underlying strength and resilience of economic activity.

While the earnings momentum is expected to improve meaningfully only from H2FY27, that recovery now remains contingent on crude prices stabilising and tensions in West Asia easing.

Until oil prices moderate and geopolitical risks subside, he said, India's market re-rating is likely to be gradual rather than sharp, reinforcing the case for staying invested and accumulating quality businesses rather than remaining on the sidelines.

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