Description
BSE announces 19 trading holidays for 2026 applicable to Currency Derivatives segments and Debt Segment (NDS-RST and Tri Party Repo), including Muhurat Trading on Diwali.
Summary
BSE has announced the trading holidays for the calendar year 2026 applicable to Currency Derivatives Segment (covering Currency Derivatives products and Interest Rate Derivatives products) and Debt Segment (NDS-RST and Tri Party Repo). The Exchange will observe 19 trading holidays during 2026, with Muhurat Trading scheduled for Sunday, November 8, 2026 (Diwali), with timings to be notified separately.
Key Points
- 19 trading holidays announced for Currency Derivatives and Debt Segments in 2026
- Holidays cover national festivals, bank closings, and religious observances
- Three additional holidays fall on Saturday/Sunday: Mahashivratri (Feb 15), Id-Ul-Fitr (Mar 21), and Independence Day/Parsi New Year (Aug 15)
- Diwali Laxmi Pujan falls on Sunday, November 8, 2026
- Muhurat Trading will be conducted on Diwali (November 8, 2026) - timings to be announced later
- Exchange reserves right to alter/change holidays with advance notice
Regulatory Changes
No regulatory changes. This is a routine annual notification of trading holidays for the upcoming calendar year.
Compliance Requirements
- Trading members must observe the specified holidays for Currency Derivatives and Debt Segments
- Members should plan trading activities and settlement schedules around these holidays
- Members should await separate notification for Muhurat Trading timings
- Members must monitor for any subsequent circulars regarding changes to the holiday schedule
Important Dates
Trading Holidays 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
Special Trading:
- November 8, 2026 (Sunday) - Muhurat Trading on Diwali (timings TBA)
Holidays on Weekends:
- 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
Impact Assessment
Market Impact: Medium - affects trading schedules for Currency Derivatives and Debt market participants only, not equity markets.
Operational Impact: Trading members and market participants in Currency Derivatives and Debt Segments must plan around 19 non-trading days in 2026. This affects liquidity planning, settlement cycles, and operational resource allocation. The Muhurat Trading session on Diwali provides a special ceremonial trading opportunity.
Planning Considerations: Members should note the concentration of holidays in March-April (6 holidays) and plan accordingly for reduced trading days during that period.
Impact Justification
Operational information affecting trading schedules for specific segments. Medium importance for participants in currency derivatives and debt markets, but low severity as it is routine annual notification.