
Stock Market Holiday Today: Are NSE, BSE, MCX and banks closed on May 1 for Maharashtra Day & Labour Day? (Photo credit: X)
Stock Market Holiday: Indian stock markets will remain closed today, May 1, on account of Maharashtra Day. The holiday results in a full trading pause across equity markets, while commodity trading and banking services follow a mixed schedule depending on segment and region.
Here is a clear breakdown of what is open and what is closed today.
India’s two major stock exchanges — the National Stock Exchange of India (NSE) and BSE Limited (BSE) — are completely shut today.
This means:
No equity trading
No derivatives trading (F&O)
No securities lending and borrowing (SLB)
No currency derivatives activity
All market segments remain closed for the entire day. Normal trading will resume on Monday, May 4.
In simple terms, there will be no trading activity or price movement on NSE and BSE today.
Commodity trading on the Multi Commodity Exchange of India (MCX) will function partially.
Today’s schedule:
Morning session (9:00 AM to 5:00 PM): Closed
Evening session (5:00 PM to 11:30 PM): Open
However, the NCDEX remains fully closed for both sessions.
So, while commodity trading is not completely shut, activity is limited compared to a normal trading day.
Bank closures today depend on state-level rules since Labour Day is not observed everywhere in the same way.
In simple terms, bank operations today are not the same everywhere.
Many states have closed bank branches today. Some states like Gujarat, Rajasthan, and Odisha may have normal banking operations. Most in-branch services (cash deposits, withdrawals, account work) are affected where banks are closed
However, digital banking continues to operate as usual:
UPI payments work normally.
Net banking is active.
ATMs function without restriction.
So, even if your nearby branch is shut, digital platforms and ATMs still cover your day-to-day banking needs.
It’s not just India. Many global markets are also closed today on account of Labour Day. Markets are shut across several major global economies today. This includes China, Hong Kong, Singapore, Thailand, and Taiwan in Asia.
In Europe, exchanges in countries such as Germany, France, and Italy also close, along with several other regional markets.
In addition, a number of Southeast Asian stock exchanges are observing the Labour Day holiday and remain non-operational.
Because of these closures, global trading cues are limited today, which also reduces overall market activity worldwide.
Since both NSE and BSE are shut:
No intraday trading opportunities today
No price movement in Indian equities
No settlement or expiry activity
For commodity traders:
Only the evening MCX session is available.
Liquidity is expected to remain lower than usual.
For long-term investors:
It’s simply a non-trading day, so portfolios remain unchanged.
| Date | Occasion | Market Status |
|---|---|---|
| May 1 | Maharashtra Day / Labour Day | Closed (BSE, NSE) |
| May 28 | Bakri Id (Eid-ul-Adha) | Closed (BSE, NSE) |
| June 26 | Muharram | Closed |
| Sept 14 | Ganesh Chaturthi | Closed |
| Oct 2 | Mahatma Gandhi Jayanti | Closed |
| Oct 20 | Dussehra | Closed |
| Nov 10 | Diwali Balipratipada | Closed |
| Nov 24 | Prakash Gurpurb Sri Guru Nanak Devji | Closed |
| Dec 25 | Christmas | Closed |
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