Description
BSE announces trading holidays for 2026 in Commodity Derivatives and EGR segments, with 16 holidays affecting morning and/or evening sessions.
Summary
BSE has announced the trading holiday schedule for the Calendar Year 2026 for the Commodity Derivatives and Electronic Gold Receipts (EGR) Segment. The exchange will observe 16 trading holidays affecting either morning sessions (9am-5pm), evening sessions (5pm-11:30/11:55pm), or both. Additionally, Muhurat Trading will be conducted on Sunday, November 8, 2026, with timings to be notified later.
Key Points
- 16 trading holidays scheduled for 2026 in Commodity Derivatives and EGR segments
- Some holidays affect only morning sessions (9am-5pm) while evening sessions remain open
- Four holidays result in complete closure: Republic Day, Good Friday, Mahatma Gandhi Jayanti, and Christmas
- New Year Day will have morning session open but evening session closed
- Muhurat Trading scheduled for Sunday, November 8, 2026 (timings to be announced)
- Three holidays fall on weekends: Mahashivratri (Feb 15), Id-Ul-Fitr (Mar 21), and Independence Day (Aug 15)
- BSE reserves the right to alter or change any holiday with advance notice
Regulatory Changes
No regulatory changes. This is a scheduled announcement of trading holidays for operational planning.
Compliance Requirements
- Trading members must note the holiday schedule and plan their operations accordingly
- Members should monitor for any subsequent circulars that may alter or change the announced holidays
- Await separate notification for Muhurat Trading timings
Important Dates
Complete Closures (Morning and Evening):
- January 26, 2026 (Monday) - Republic Day
- April 3, 2026 (Friday) - Good Friday
- October 2, 2026 (Friday) - Mahatma Gandhi Jayanti
- December 25, 2026 (Friday) - Christmas
Morning Session Closed, Evening Session Open:
- March 3, 2026 (Tuesday) - Holi
- March 26, 2026 (Thursday) - Shri Ram Navami
- March 31, 2026 (Tuesday) - Shri Mahavir Jayanti
- April 14, 2026 (Tuesday) - Dr. Baba Saheb Ambedkar Jayanti
- May 1, 2026 (Friday) - Maharashtra Day
- May 28, 2026 (Thursday) - Bakri Id
- June 26, 2026 (Friday) - Muharram
- September 14, 2026 (Monday) - Ganesh Chaturthi
- October 20, 2026 (Tuesday) - Dussehra
- November 10, 2026 (Tuesday) - Diwali Balipratipada
- November 24, 2026 (Tuesday) - Prakash Gurpurb Sri Guru Nanak Dev
Special Trading:
- November 8, 2026 (Sunday) - Muhurat Trading (timings to be notified)
Weekend Holidays:
- February 15, 2026 (Sunday) - Mahashivratri
- March 21, 2026 (Saturday) - Id-Ul-Fitr (Ramzan Id)
- August 15, 2026 (Saturday) - Independence Day
- November 8, 2026 (Sunday) - Diwali Laxmi Pujan
Impact Assessment
Market Impact: Medium - The holiday schedule provides advance planning information for market participants trading in commodity derivatives and electronic gold receipts. The staggered approach (some holidays affecting only morning sessions) allows for continued evening trading activity on certain festival days.
Operational Impact: Trading members and participants need to adjust their trading strategies and operational schedules around these holidays. The evening session availability on 11 out of 16 holidays provides flexibility for market participants.
Liquidity Impact: Expected temporary reduction in liquidity on days with partial or full closures. The Muhurat Trading session provides a special trading opportunity traditionally associated with Diwali.
Planning Impact: This advance notice allows market participants nearly a full year to plan their trading activities, risk management, and operational schedules for 2026.
Impact Justification
Informational circular providing advance notice of trading holidays for commodity and EGR segments in 2026. Medium impact as traders need to plan around these dates.