We study the orbital diamagnetic susceptibility in excitonic condensation phase using the meanfield approximation for a two-band model defined on a square lattice. We find that, in semiconductors, the excitonic condensation acquires a finite diamagnetic susceptibility due to spontaneous hybridization between the valence and the conduction bands, whereas in semimetals, the diamagnetic susceptibility in the normal phase is suppressed by the excitonic condensation. We also study the orbital diamagnetic and Pauli paramagnetic susceptibilities of Ta2NiSe5 using a two-dimensional three-band model and find that the calculated temperature dependence of the magnetic susceptibility is in qualitative agreement with experiment.
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