Description
NSE announces 19 trading holidays for the Debt Segment during calendar year 2026, including Republic Day, religious festivals, and national holidays.
Summary
NSE has notified the trading holidays for the Debt Segment for calendar year 2026. A total of 19 trading holidays have been declared, covering national holidays, religious festivals, and other significant observances. Additionally, 4 holidays fall on Saturday/Sunday. Muhurat Trading will be conducted on Sunday, November 8, 2026, with timings to be notified separately.
Key Points
- 19 trading holidays declared for Debt Segment in 2026
- Holidays range from January 26, 2026 (Republic Day) to December 25, 2026 (Christmas)
- Includes national holidays: Republic Day, Independence Day, Mahatma Gandhi Jayanti
- Religious festivals covered: Holi, Ram Navami, Mahavir Jayanti, Bakri Id, Muharram, Id-E-Milad, Ganesh Chaturthi, Dussehra, Diwali, Guru Nanak Jayanti, Christmas
- State-specific holidays: Chatrapati Shivaji Maharaj Jayanti, Gudi Padwa, Maharashtra Day
- Other observances: Annual Bank Closing (April 1), Good Friday, Dr. Baba Saheb Ambedkar Jayanti, Buddha Pournima
- 4 additional holidays fall on weekends: Mahashivratri, Id-Ul-Fitr, Independence Day/Parsi New Year, Diwali Laxmi Pujan
- Special Muhurat Trading session scheduled for November 8, 2026 (Sunday)
Regulatory Changes
No regulatory changes. This is a standard annual notification as per Trading Regulations of the Exchange.
Compliance Requirements
- Members and participants must note the holiday schedule for operational planning
- No trading activity to be conducted on the declared holidays
- Plan for Muhurat Trading session once timings are notified separately
Important Dates
Trading Holidays 2026:
- January 26 (Monday) - Republic Day
- February 19 (Thursday) - Chatrapati Shivaji Maharaj Jayanti
- March 3 (Tuesday) - Holi
- March 19 (Thursday) - Gudi Padwa
- 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, 2026 (Sunday) - Mahashivratri
- March 21, 2026 (Saturday) - Id-Ul-Fitr (Ramadan Eid)
- August 15, 2026 (Saturday) - Independence Day/Parsi New Year
- November 8, 2026 (Sunday) - Diwali Laxmi Pujan (Muhurat Trading to be conducted)
Special Trading Session:
- November 8, 2026 (Sunday) - Muhurat Trading (timings to be notified)
Impact Assessment
Market Impact: Medium - The holiday schedule affects trading availability for the Debt Segment throughout 2026. Market participants need to plan liquidity management and settlement schedules around these holidays.
Operational Impact: Market participants, clearing members, and custodians must adjust their operational calendars, settlement cycles, and resource planning to account for these non-trading days. The clustering of holidays in certain months (March, April, October, November) requires special attention for settlement management.
Planning Considerations: Early notification (one year in advance) allows adequate time for operational planning. The special Muhurat Trading session on November 8, 2026 requires separate preparation once timings are announced.
Impact Justification
Informational circular providing advance notice of trading holidays for 2026. Medium importance for operational planning by market participants in the Debt Segment. No immediate compliance action required but essential for calendar year planning.