Description

BSE announces trading holidays for 2026 for Currency Derivatives Segment (including Interest Rate Derivatives) and Debt Segment (NDS-RST and Tri Party Repo).

Summary

BSE has announced the trading holiday schedule for Calendar Year 2026 applicable to Currency Derivatives Segment (covering Currency Derivatives and Interest Rate Derivatives products) and Debt Segment (NDS-RST and Tri Party Repo). The exchange will observe 19 trading holidays on weekdays, with an additional 4 holidays falling on weekends. Muhurat Trading will be conducted on Sunday, November 8, 2026, with timings to be notified later.

Key Points

  • 19 trading holidays scheduled on weekdays during 2026
  • Applies to Currency Derivatives Segment (Currency Derivatives and Interest Rate Derivatives)
  • Applies to Debt Segment (NDS-RST and Tri Party Repo)
  • 4 additional holidays fall on Saturday/Sunday: Mahashivratri (Feb 15), Id-Ul-Fitr (Mar 21), Independence Day/Parsi New Year (Aug 15), Diwali Laxmi Pujan (Nov 8)
  • Muhurat Trading scheduled for Sunday, November 8, 2026 (Diwali)
  • Exchange reserves right to alter/change holidays with advance notice

Regulatory Changes

No regulatory changes. This is a standard annual holiday calendar announcement for operational planning purposes.

Compliance Requirements

  • Trading members must note the holiday schedule for operational planning
  • No trading will occur on specified holidays in Currency Derivatives and Debt segments
  • Members should plan settlements and operations around the holiday calendar
  • Monitor subsequent circulars for Muhurat Trading timings and any holiday schedule changes

Important Dates

Weekday Trading Holidays in 2026:

  • January 26 (Monday) - Republic Day
  • February 19 (Thursday) - Chatrapati Shivaji Maharaj Jayanti
  • March 3 (Tuesday) - Holi
  • March 19 (Thursday) - Gudhipadwa
  • March 26 (Thursday) - Shri Ram Navami
  • March 31 (Tuesday) - Shri Mahavir Jayanti
  • April 1 (Wednesday) - Annual Bank Closing
  • April 3 (Friday) - Good Friday
  • April 14 (Tuesday) - Dr. Baba Saheb Ambedkar Jayanti
  • May 1 (Friday) - Maharashtra Day/Buddha Pournima
  • May 28 (Thursday) - Bakri Id
  • June 26 (Friday) - Muharram
  • August 26 (Wednesday) - Id-E-Milad
  • 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/Parsi New Year
  • November 8 (Sunday) - Diwali Laxmi Pujan (Muhurat Trading scheduled)

Impact Assessment

Market Impact: Medium - The holiday schedule affects liquidity planning for Currency Derivatives and Debt market participants throughout 2026. With 19 weekday holidays, market participants need to adjust trading strategies and settlement schedules accordingly.

Operational Impact: Medium - Trading members must incorporate these dates into their operational calendars, risk management systems, and client communication. The concentration of holidays in March-April (6 holidays) and October-November (4 holidays) requires particular attention for position management and settlement planning.

Trading Impact: The Muhurat Trading session on November 8, 2026 (Sunday) is a special trading opportunity during Diwali, with timings to be announced separately. Participants should prepare for this non-standard trading day.

Impact Justification

Annual holiday schedule announcement is essential for operational planning but not urgent. Medium impact as it affects trading operations across Currency Derivatives and Debt segments throughout 2026.