The Indian stock market will remain closed on Friday, May 1, 2026 on account of Maharashtra Day. Both NSE and BSE will be shut for all major trading segments, and regular trading will resume on the next working day.
Are NSE and BSE open on May 1?
No. NSE and BSE will remain closed for equity, equity derivatives, currency derivatives, and related segments on May 1, 2026. Since both exchanges are headquartered in Mumbai, they observe Maharashtra Day as a trading holiday.
This means investors will not be able to place fresh trades or square off positions in the usual market segments during the holiday. Regular operations are expected to resume on the next working session after the holiday.
Why is May 1 a holiday?
May 1 is celebrated as Maharashtra Day, marking the formation of the state of Maharashtra in 1960. Because Mumbai is India’s financial hub and the headquarters of NSE and BSE are located there, the exchanges observe this day as a market holiday.
The holiday is part of the official exchange holiday calendar for 2026, which also lists other trading holidays for the year. Traders and investors often use such dates to plan settlement cycles and manage open positions in advance.
Which segments will remain closed?
All major trading segments on NSE and BSE will remain closed on May 1, including:
- Equity market.
- Equity derivatives.
- Currency derivatives.
- Securities lending and borrowing.
Will MCX be open or closed on May 1?
Furthermore, the Multi-Commodity Exchange (MCX) will observe partial closure on Friday, May 1.
While the domestic commodity exchange will be closed for its morning session from 9 am to 5 pm, it will reopen for its evening session from 5 pm to 11:30/11:55 pm.
What traders should do
If you hold open positions, it is wise to review margin requirements and settlement timelines before the holiday. Since there will be no trading on May 1, market participants should avoid assuming they can react intraday to global cues on that day.
For long-term investors, the holiday only affects trading access for one session and does not change portfolio holdings. The market will reopen normally after the holiday, so there is no structural change to the investment environment.
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