MCX to Host Special Trading Session on Union Budget Day

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MCX to Host Special Trading Session on Union Budget Day

Synopsis

On February 1, the MCX will remain operational for trading during the Union Budget 2025-26 presentation by Finance Minister Nirmala Sitharaman, allowing a special session and client code modifications.

Key Takeaways

  • MCX trading on February 1 for Union Budget.
  • Special session from 8:45 a.m. to 8:59 a.m.
  • Client code modifications available until 5:15 p.m.
  • NSE and BSE maintain regular trading hours.
  • Past instances of budget trading on weekends.

Mumbai, Jan 29 (NationPress) The Multi Commodity Exchange of India (MCX) announced on Wednesday that it will facilitate trading on February 1 in relation to the presentation of the Union Budget 2025-26 by Finance Minister Nirmala Sitharaman.

Trading hours will be from 9:00 a.m. to 5:00 p.m., with a special session scheduled from 8:45 a.m. to 8:59 a.m., and client code modifications allowed until 5:15 p.m.

According to the Exchange's rules, members have been informed that due to the Union Budget presentation, a live trading session will occur on Saturday, February 01, 2025.

In addition, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) confirmed that their equity markets will operate under normal timings, with trading from 9:15 a.m. to 3:30 p.m.

Pre-market trading is set for 9:00 a.m. to 9:08 a.m., and commodity derivatives trading will persist until 5:00 p.m.

However, the “T0” session will be canceled due to a settlement holiday. Historical records show that domestic exchanges have been open on weekends when budgets were presented.

In the past, domestic benchmark indices remained operational on February 1, 2020, and February 28, 2015 during the Union Budget presentations.

The Finance Ministry stated that the government aims to enhance quality spending, reinforce the social security framework, and lower the fiscal deficit to 4.5 percent of GDP for the financial year 2025-2026.

As India approaches the Budget, the economic outlook appears optimistic, indicating a collective confidence among businesses regarding the nation’s growth path. The Budget serves as a platform for implementing transformative reforms across sectors.