India’s largest commodity exchange, the Multi-Commodity Exchange of India (MCX), will remain closed for the first session (9 am to 5 pm) on Maharashtra Day. Trading will resume in the evening session between 5 pm and 11:30 pm, as per its website. The National Commodity & Derivatives Exchange Limited (NCDEX), meanwhile, will remain closed for the entire day.
Upcoming market holidays
In total, 16 stock market holidays are scheduled for 2026, of which seven have already passed. April saw two holidays—April 3 (Good Friday) and April 14 (Dr. B.R. Ambedkar Jayanti). Including the May 1 holiday, trading will be suspended on nine more occasions over the remaining eight months.
The BSE and NSE will next be closed on May 28 for Bakri Id, followed by June 26 (Muharram), September 14 (Ganesh Chaturthi), October 2 (Mahatma Gandhi Jayanti), October 20 (Dussehra), November 10 (Diwali-Balipratipada), November 24 (Guru Nanak Jayanti), and December 25 (Christmas).
Check list of upcoming nine market holidays
Maharashtra Day is observed annually on May 1 to mark the formation of the state in 1960. After India’s independence, the demand for linguistic reorganisation of states gained momentum. The Samyukta Maharashtra movement played a key role in the creation of the state.This led to the enactment of the Bombay Reorganisation Act, 1960, which bifurcated the erstwhile Bombay state into Maharashtra and Gujarat on May 1, 1960. Mumbai was designated as the capital of Maharashtra. Notably, both the BSE and NSE are headquartered in Mumbai, home to Dalal Street. May 1 is also observed as Labour Day in many parts of the country.
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