NSE, BSE closed for Muharram on June 27; trading resumes Monday
Synopsis
Key Takeaways
The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) remained shut on Friday, 27 June for the Muharram public holiday, with trading suspended across all segments — equity, equity derivatives, currency derivatives, and securities lending and borrowing (SLB).
Commodity Markets: Partial Closure
The Multi Commodity Exchange (MCX) observed a partial holiday, staying closed during its morning session from 9 am to 5 pm IST before resuming in the evening session post 5 pm. The National Commodity and Derivatives Exchange (NCDEX), which primarily handles agricultural commodities, remained closed for the entire trading day.
Three-Day Weekend for Market Participants
Since the Muharram holiday fell on a Friday, traders and investors are effectively enjoying a three-day weekend, with equity markets set to reopen on Monday, 30 June. This break follows a broadly positive session on Thursday, where benchmarks snapped a two-session winning streak on a muted note after profit-booking trimmed intraday gains.
Where Markets Stood Before the Holiday
In the last trading session, the Sensex settled 100-plus points or 0.14% higher at 77,100.47, after touching an intraday peak of 77,803.18. The Nifty50 gained 34.35 points or 0.14% to close at 24,056. Selling pressure in IT and metal stocks — including Infosys, HCL Tech, Hindalco Industries, and Tata Steel — capped the upside. The broader market also underperformed, with both Nifty Midcap 100 and Nifty Smallcap 100 declining 0.5% each.
Upcoming Market Holidays in 2025
After the Muharram break, Indian bourses are scheduled to remain open for nearly three months before the next holiday on 14 September for Ganesh Chaturthi. Subsequent closures are lined up on 2 October (Mahatma Gandhi Jayanti), 20 October (Dussehra), 10 November (Diwali-Balipratipada), 24 November (Prakash Gurpurb Sri Guru Nanak Dev Ji), and 25 December (Christmas). Investors and traders are advised to plan positions and settlements around these scheduled non-trading days.