Stock market holiday next week: The Indian stock markets are closed for two days in the upcoming month of May. The leading stock exchanges – Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be shut for trading on May 1 in observance of Maharashtra Day. Friday, May 1 holiday is the first stock market holiday of May and comes during a holiday-shortened week.
NCDEX to remain closed on May 1
The National Commodity & Derivatives Exchange Limited (NCDEX) will also remain closed for trading the entire day.
Stock markets close for Bakri Id on May 28
Upcoming market holidays in 2026
There are 16 stock market holidays scheduled for 2026. Of these, seven holidays have already passed. April saw two holidays – on April 3 for Good Friday and on April 14 for Dr. B.R. Ambedkar Jayanti.
With the May 1 and May 28 holidays, trading will be suspended on eight more occasions over the remaining eight months of the year.
The BSE and NSE will next be closed on 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), respectively.
Maharashtra Day Significance
Maharashtra Day is celebrated annually on May 1 to mark the formation of the state of Maharashtra in 1960.
After India’s independence, the issue of state reorganisation based on language was gaining momentum. It was through the Samyukta Maharashtra movement that the need for the state of Maharashtra was strongly felt. It was through this movement, the Bombay Reorganisation Act, 1960, was enacted, resulting in the bifurcation of Bombay State into Maharashtra and Gujarat on May 1, 1960.
Bombay was made the capital city of Maharashtra. Thus began the journey of a new state. It is an event that carries immense cultural and sentimental significance for the inhabitants of Maharashtra.
Maharashtra Day recognizes the efforts that went into the formation of Maharashtra and helps create a strong sense of unity among the people of the state.
