Stock Market Holiday On May 1: Why Are NSE And BSE Shut Today?

Stock Market Holiday: On Thursday, May 1, 2025, India's equity Stock Market will remain closed in observance of Maharashtra Day, commemorating the state's formation in 1960.

This holiday affects all sectors of the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), including equities, equity derivatives, currency derivatives, and securities lending and borrowing (SLB) segments. Additionally, this market closure coincides with Labour Day, observed across various regions of the country on May 1.

History & Significance of Maharashtra Day

Maharashtra Day is celebrated annually on May 1 to commemorate the formation of the western state of Maharashtra. On May 1, 1960, the Bombay Reorganization Act came into effect, leading to the creation of Maharashtra for Marathi-speaking citizens and Gujarat for Gujarati-speaking citizens.

MCX will resume operations in evening session

The equity market is shut tomorrow, however, the commodity market will resume partially later in the day. The Multi Commodity Exchange (MCX) will remain closed  during the morning session (9:00 am to 5:00 pm) but will reopen for the evening session from 5:00 pm to 11:30 pm. This will allow continued trading inn commodities such as gold, silver, agricultural products, and  crude oil.

When will normal trading resume?

Regular market operations will resume on Friday, May 2, following the one-day break. The closure is one of 14 scheduled market holidays under the NSE holidays 2025 calendar.

2025 Market Holidays List

The last time stock markets in India were shut for a public holiday was on April 18, 2025, on account of the Good Friday holiday. The next holiday on the cards is Independence Day on August 15. After this, market holidays will fall on Ganesh Chaturthi (August 27), Mahatma Gandhi Jayanti/Dussehra (October 2), Diwali Laxmi Pujan (October 21), Diwali-Balipratipada (October 22), Prakash Gurpurb (Guru Nanak Dev Jayanti) (November 5), and Christmas (December 25).