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Performance at Dalal Street will be tested by a significantly shortened trading week as the Indian stock market observes multiple closures between March 31 and April 5, 2026. The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are scheduled to remain shut tomorrow, Tuesday, March 31, for Shri Mahavir Jayanti, followed by another closure on Friday, April 3, for Good Friday. With the weekend following immediately after, market participants will have only three full trading sessions to navigate the transition into the new financial year. The timing of the Tuesday holiday is particularly notable for institutional desks, as March 31 marks the final day of the financial year 2025-26. This mid-week hiatus, following the previous week's closure on March 26 for Shri Ram Navami, creates a unique liquidity environment as traders scramble to square off positions before the fiscal year-end. Indian stock market holidays calendar 2026 The following table details the official trading holidays for the NSE and BSE for the 2026 calendar year. While some major festivals fall on weekends, the exchanges operate on a strict five-day work week, and these dates will not have a carry-forward holiday. DateDayHoliday NameMarket Status26 JanuaryMondayRepublic DayClosed15 FebruarySundayMaha ShivaratriWeekend03 MarchTuesdayHoliClosed21 MarchSaturdayId-ul-Fitr (Ramzan Id)Weekend26 MarchThursdayShri Ram NavamiClosed31 MarchTuesday(Tomorrow)Shri Mahavir JayantiClosed03 AprilFridayGood FridayClosed14 AprilTuesdayAmbedkar JayantiClosed01 MayFridayMaharashtra DayClosed28 MayThursdayBakri EidClosed26 JuneFridayMuharramClosed15 AugustSaturdayIndependence DayWeekend14 SeptemberMondayGanesh ChaturthiClosed02 OctoberFridayGandhi JayantiClosed20 OctoberTuesdayDussehraClosed08 NovemberSundayDiwali (Laxmi Pujan)*Muhurat Trading10 NovemberTuesdayDiwali (Balipratipada)Closed24 NovemberTuesdayGuru Nanak JayantiClosed25 DecemberFridayChristmasClosed Key notes for traders: Fiscal year end: Note that March 31 (Mahavir Jayanti) marks the final day of the financial year 2025-26. Since the market is closed, the closing prices today, Monday, March 30, will serve as the final fiscal year-end valuations. Meaning, Dalal Street concluded the fiscal year on a volatile note with a sharp sell-off; the BSE Sensex ended at 71,947.55 (down 2.22%), while the NSE Nifty 50 closed at 22,331.40 (down 2.14%). Settlement: On these holidays, no trading or settlement of funds will take place. For any trades executed on the day prior to a holiday, the T+1 settlement will be pushed to the next working day. Conclusion: Nifty 50 and Sensex close FY26 on weak footing The 2025-26 financial year has come to a dramatic and truncated close. With the NSE and BSE closing for Shri Mahavir Jayanti on March 31, the final fiscal valuations were locked in during Monday’s session, which saw the Sensex and Nifty 50 retreat by over 2% amid global geopolitical friction. As investors transition into the new financial year, the immediate focus remains on navigating this week’s restricted 3-day trading window. With Good Friday on April 3 further limiting market hours, liquidity is expected to remain thin. For the strategic trader, these frequent pauses are a reminder that the Indian stock market holidays 2026 calendar is more than just a list of closures, it is a critical tool for managing settlement risks, margin requirements, and the inevitable "gap" openings that occur when Dalal Street finally reopens to react to global cues. Are NSE and BSE completely closed on March 31, 2026? Yes. Both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain fully closed for the Equity, F&O, and Currency Derivatives segments in observance of Shri Mahavir Jayanti. Trading will resume as normal on Wednesday, April 1, 2026. Can I trade commodities on MCX during these holidays? It depends on the specific holiday.On March 31 (Mahavir Jayanti): The MCX will be closed for the morning session (9:00 AM – 5:00 PM) but will open for the evening session from 5:00 PM to 11:30/11:55 PM.On April 3 (Good Friday): The MCX will be fully closed for both morning and evening sessions, aligning with the closure of several major global markets. How does the March 31 holiday affect my year-end portfolio? Since March 31 is the official end of the Financial Year 2025-26, the market closure means the closing prices recorded on Monday, March 30, will stand as the final valuations for tax, audit, and NAV purposes for the fiscal year.

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