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 announced the list of trading holidays for the Securities Lending and Borrowing (SLB) segment for the calendar year 2026. The exchange will observe 15 trading holidays during the year, with an additional note that Muhurat Trading will be conducted on Sunday, November 8, 2026, coinciding with Diwali Laxmi Pujan. The exchange reserves the right to alter or change any of these holidays with advance notice.
Key Points
- Total of 15 trading holidays declared for SLB segment in 2026
- Holidays include major national and religious festivals
- Two holidays (Mahashivratri and Independence Day) fall on weekends
- Muhurat Trading scheduled for Sunday, November 8, 2026 (Diwali)
- Exchange may modify the holiday schedule with advance notice
- Notice applies specifically to the SLB (Securities Lending and Borrowing) segment
Trading Holidays 2026
Weekday Holidays
- Republic Day - January 26, 2026 (Monday)
- Holi - March 3, 2026 (Tuesday)
- Shri Ram Navami - March 26, 2026 (Thursday)
- Shri Mahavir Jayanti - March 31, 2026 (Tuesday)
- Good Friday - April 3, 2026 (Friday)
- Dr. Baba Saheb Ambedkar Jayanti - April 14, 2026 (Tuesday)
- Maharashtra Day - May 1, 2026 (Friday)
- Bakri Id - May 28, 2026 (Thursday)
- Muharram - June 26, 2026 (Friday)
- Ganesh Chaturthi - September 14, 2026 (Monday)
- Mahatma Gandhi Jayanti - October 2, 2026 (Friday)
- Dussehra - October 20, 2026 (Tuesday)
- Diwali Balipratipada - November 10, 2026 (Tuesday)
- Prakash Gurpurb Sri Guru Nanak Dev - November 24, 2026 (Tuesday)
- Christmas - December 25, 2026 (Friday)
Holidays Falling on Weekends
- Mahashivratri - February 15, 2026 (Sunday)
- Id-Ul-Fitr (Ramzan Id) - March 21, 2026 (Saturday)
- Independence Day - August 15, 2026 (Saturday)
- Diwali Laxmi Pujan - November 8, 2026 (Sunday) - Muhurat Trading to be conducted
Special Trading Session
Muhurat Trading will be conducted on Sunday, November 8, 2026, during the Diwali festival. The specific timings for this special trading session will be notified through a separate circular.
Compliance Requirements
- Trading members must plan their operations considering these holiday dates
- Members should monitor for any subsequent circulars regarding changes to the holiday schedule
- Members need to await further notification regarding Muhurat Trading timings
- All SLB segment participants must adjust their trading calendars accordingly
Important Dates
- Effective Period: January 1, 2026 to December 31, 2026
- Special Trading Day: November 8, 2026 (Muhurat Trading - timings to be announced)
- Notice Date: December 16, 2025
Impact Assessment
Market Impact: Medium - The holiday schedule affects all participants in the SLB segment, requiring advance planning for securities lending and borrowing activities throughout 2026.
Operational Impact: Trading members and market participants need to adjust their operational calendars, settlement schedules, and business planning to account for these 15 non-trading days. The inclusion of Muhurat Trading provides an additional special trading opportunity during Diwali.
Planning Considerations: With holidays spread throughout the year, participants should note clusters in March-April (4 holidays) and October-November (3 holidays plus Muhurat Trading), which may affect liquidity and settlement cycles in the SLB segment during those periods.
Impact Justification
Routine annual announcement of trading holidays affecting all SLB segment participants; essential for planning but not urgent as it applies to future calendar year 2026