Description
BSE announces 15 trading holidays for the Securities Lending and Borrowing (SLB) segment during calendar year 2026, including Muhurat trading on November 8, 2026.
Summary
BSE has notified trading members of 15 trading holidays for the Securities Lending and Borrowing (SLB) segment during calendar year 2026. The exchange will observe these holidays on account of national, religious, and state festivals. Additionally, Muhurat trading will be conducted on Sunday, November 8, 2026, with timings to be notified separately. Two holidays (Mahashivratri and Independence Day) fall on weekends.
Key Points
- 15 trading holidays scheduled for SLB segment in calendar year 2026
- Holidays include national festivals (Republic Day, Independence Day), religious occasions (Holi, Good Friday, Bakri Id, Christmas), and state holidays (Maharashtra Day)
- Muhurat trading will be conducted on Sunday, November 8, 2026 (Diwali)
- Timings for Muhurat trading to be notified subsequently
- Two additional holidays fall on Saturday/Sunday: Mahashivratri (February 15) and Independence Day (August 15)
- Exchange reserves right to alter or change holidays with advance notice
Regulatory Changes
No regulatory changes introduced. This is an informational circular providing the holiday calendar for operational planning.
Compliance Requirements
- Trading members must note the holiday schedule for SLB segment operations
- Members should plan their trading and settlement activities around these holidays
- Members should await further notification regarding Muhurat trading timings on November 8, 2026
Important Dates
2026 Trading Holidays - SLB Segment:
- January 26 (Monday) - Republic Day
- March 3 (Tuesday) - Holi
- March 26 (Thursday) - Shri Ram Navami
- March 31 (Tuesday) - Shri Mahavir Jayanti
- April 3 (Friday) - Good Friday
- April 14 (Tuesday) - Dr. Baba Saheb Ambedkar Jayanti
- May 1 (Friday) - Maharashtra Day
- May 28 (Thursday) - Bakri Id
- June 26 (Friday) - Muharram
- September 14 (Monday) - Ganesh Chaturthi
- October 2 (Friday) - Mahatma Gandhi Jayanti
- October 20 (Tuesday) - Dussehra
- November 10 (Tuesday) - Diwali Balipratipada
- November 24 (Tuesday) - Prakash Gurpurb Sri Guru Nanak Dev
- December 25 (Friday) - Christmas
Weekend Holidays:
- February 15 (Sunday) - Mahashivratri
- March 21 (Saturday) - Id-Ul-Fitr (Ramzan Id)
- August 15 (Saturday) - Independence Day
- November 8 (Sunday) - Diwali Laxmi Pujan (Muhurat Trading Day)
Special Trading:
- November 8, 2026 (Sunday) - Muhurat Trading (timings to be notified)
Impact Assessment
Market Operations: The holiday schedule affects SLB segment trading and settlement cycles throughout 2026. Trading members need to factor these holidays into their operational planning, margin requirements, and client communications.
Participant Impact: Medium impact on SLB segment participants who must adjust their securities lending and borrowing strategies around these non-trading days. The concentration of holidays in certain months (March, April, October, November) may require additional planning.
Special Consideration: The Muhurat trading session on November 8, 2026 (Sunday) represents a special trading opportunity, with detailed timings to be announced later. This is traditionally an auspicious trading session during Diwali celebrations.
Flexibility: BSE retains the right to modify the holiday schedule with advance notice, requiring members to monitor circulars for any updates throughout the year.
Impact Justification
Important operational information for SLB segment participants to plan trading activities, but does not introduce new regulations or affect specific securities