Description
NSE announces 15 trading holidays for the F&O segment in 2026, including Republic Day, Holi, Diwali, and Christmas, with Muhurat Trading scheduled for November 8, 2026.
Summary
NSE has notified trading holidays for the Futures & Options segment for the calendar year 2026. A total of 15 trading holidays have been declared, ranging from Republic Day in January to Christmas in December. Additionally, 4 holidays fall on weekends (Saturday/Sunday), including Independence Day and Diwali Laxmi Pujan. Special Muhurat Trading will be conducted on Sunday, November 8, 2026, with timings to be notified later.
Key Points
- 15 trading holidays declared for F&O segment in 2026
- Holidays cover major national, religious, and cultural festivals
- First holiday: Republic Day (January 26, 2026)
- Last holiday: Christmas (December 25, 2026)
- Muhurat Trading scheduled for November 8, 2026 (Sunday)
- 4 additional holidays fall on weekends (Saturday/Sunday)
- Circular issued under Bye-Laws Chapter IX clause 2 and F&O Regulation 2.3
Regulatory Changes
No regulatory changes. This is a routine annual notification of trading holidays as per existing bye-laws and regulations.
Compliance Requirements
- All F&O segment members must observe these trading holidays
- Members should plan trading and settlement activities considering these closures
- Members should note the Muhurat Trading session on November 8, 2026
- Await subsequent notification for Muhurat Trading timings
Important Dates
Weekday Trading Holidays (15 days):
- January 26, 2026 (Monday) - Republic Day
- March 3, 2026 (Tuesday) - Holi
- March 26, 2026 (Thursday) - Shri Ram Navami
- March 31, 2026 (Tuesday) - Shri Mahavir Jayanti
- April 3, 2026 (Friday) - Good Friday
- 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 2, 2026 (Friday) - Mahatma Gandhi Jayanti
- October 20, 2026 (Tuesday) - Dussehra
- November 10, 2026 (Tuesday) - Diwali-Balipratipada
- November 24, 2026 (Tuesday) - Prakash Gurpurb Sri Guru Nanak Dev
- December 25, 2026 (Friday) - Christmas
Weekend Holidays:
- February 15, 2026 (Sunday) - Mahashivratri
- March 21, 2026 (Saturday) - Id-Ul-Fitr (Ramadan Eid)
- August 15, 2026 (Saturday) - Independence Day
- November 8, 2026 (Sunday) - Diwali Laxmi Pujan (Muhurat Trading will be conducted)
Special Trading Session:
- November 8, 2026 (Sunday) - Muhurat Trading (timings to be notified separately)
Impact Assessment
Market Impact: Medium - Trading will be suspended on 15 weekdays throughout 2026, affecting approximately 6% of trading days. Market participants need to plan positions and strategies around these closures, particularly during festival clusters in October-November.
Operational Impact: Medium - Members must adjust trading systems, risk management protocols, and settlement schedules. The distribution of holidays across the year requires advance planning for liquidity management and position rollovers, especially around expiry dates.
Participant Impact: Low to Medium - Retail and institutional participants should plan investment and hedging strategies considering these closures. The Muhurat Trading session provides a traditional trading opportunity during Diwali festivities.
Impact Justification
High importance as all market participants need to plan for trading holidays in advance. Medium impact as it affects trading schedules but is routine annual information.