Synopsis
Indian stock markets will remain closed on Friday, May 1, on account of Maharashtra Day, marking the first trading holiday of the month. With this, a total of nine market holidays remain in 2026, including upcoming closures for Bakri Id, Muharram, and Diwali.
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ETMarkets.comThe Indian stock market will remain closed on May 1, as the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be shut for trading on account of Maharashtra Day. This marks the first market holiday of the month and comes during a holiday-shortened week.
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
| 1 | May 1, 2026 | Friday | Maharashtra Day |
| 2 | May 28, 2026 | Thursday | Bakri Id |
| 3 | June 26, 2026 | Friday | Muharram |
| 4 | September 14, 2026 | Monday | Ganesh Chaturthi |
| 5 | October 2, 2026 | Friday | Mahatma Gandhi Jayanti |
| 6 | October 20, 2026 | Tuesday | Dussehra |
| 7 | November 10, 2026 | Tuesday | Diwali-Balipratipada |
| 8 | November 24, 2026 | Tuesday | Prakash Gurpurb Sri Guru Nanak Dev |
| 9 | December 25, 2026 | Friday | Christmas |
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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