NSE, BSE to Observe Holiday, Closure Scheduled for Next Week Due to Reason of [Insert Reason]

Stock Market Holiday: Indian Exchanges to Remain Closed on May 1

The Indian stock market will remain closed on Friday, May 1, next week on the occasion of Maharashtra Day 2026. This means that both exchanges - BSE and NSE - will be shut for trading on Friday. Trading activities across the equity, derivatives, and SLB segments will also remain closed on Friday next week.

Additionally, the Multi Commodity Exchange (MCX) will be closed during the morning session (9:00 AM – 5:00 PM) but will operate in the evening session (5:00 PM – 11:55 PM).

2026 Stock Market Holidays Schedule

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There are around 9 more holidays scheduled for 2026. In May 2026, the Indian stock market will witness two trading holidays - May 1 for Maharashtra Day and May 28 for Bakri id. This will be followed by one holiday in June. There are no market holidays planned for July and August, whereas September and December will each have one. October and November, on the other hand, are likely to have two trading holidays each.

Markets Update

The Indian benchmark indices — Sensex and Nifty — ended the week in negative territory, snapping a two-week winning streak, weighed down by escalating geopolitical tensions and muted earnings outlooks from leading IT companies. After a short-lived early uptick, the indices remained under pressure through most of the week amid persistent selling.

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Consequently, the Nifty 50 declined 1.87% to close at 23,897.95, while the Sensex fell 2.33% to settle at 76,664.21. The market sentiment was affected by a combination of global and domestic headwinds, including geopolitical tensions in West Asia, stalled US–Iran talks, and crude oil crossing $100 per barrel. The rupee weakened further on persistent FII outflows amid rising US bond yields. Domestically, the RBI flagged early signs of an economic slowdown, softer forward-looking business confidence, and foreign brokerages' downgrade on the Indian equity outlook overshadowed an otherwise expansionary PMI reading.