Stock Market Holidays: BSE and NSE to Remain Closed on Mahavir Jayanti, First Holiday of the Week

Stock Market Holidays and Market Performance

The Indian stock market will experience a brief respite from the recent selling pressure as both the BSE and National Stock Exchange (NSE) are closed for two trading sessions this week. The market will be open for only three days out of the five trading sessions.

Holidays this Week (March 30-April 3)

• Tuesday, March 31: The market will be closed for Mahavir Jayanti 2026.
• Friday, April 3: The market will be closed for Good Friday, resulting in a long weekend for investors. Global markets, including the US stock market, will also be shut on this day.

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Commodity Market

• The MCX will be closed in the first half of Tuesday, March 31, but trading will resume in the evening session (5 pm to 11 pm).

Stock Market Holidays 2026

• April 14: The market will be closed for Dr Baba Saheb Ambedkar Jayanti.
• May: The markets will be closed for two holidays to mark Maharashtra Day (May 1) and Bakri Id (May 28).
• June: The market will be shut on June 26 for Muharram.
• September 14: The market will be closed for Ganesh Chaturthi.
• October and November: Each month will have two stock market holidays.
• December: The market will be closed for Christmas.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

Market Performance this Month

The Nifty 50 has lost nearly 10% in March, marking the worst fall since 2020 amid the US-Iran war. The indices are set to close lower for the fourth consecutive month due to various headwinds, including a tumbling rupee, rising crude oil prices, and FII exodus.

Technical Analysis

Ajit Mishra, SVP, Research, Religare Broking, sees immediate support around 22,500. A sustained break below this level could extend the decline toward 22,000. On the upside, the 23,500 zone is likely to act as a strong resistance, and only a sustained move above this level would signal a potential recovery toward 24,000.