Overview

The NSE holiday calendar determines when regular trading is unavailable across its market segments, and it can also affect clearing and settlement timelines. For traders and investors, knowing these dates helps with position planning, order execution, and settlement-related planning. In 2026, NSE has also scheduled Muhurat Trading for November 8, with the session timings to be announced separately. This guide covers what the NSE holiday list actually is, why it matters for trading and investment planning, how the exchange publishes these dates, where to find the confirmed calendar, the difference between a trading holiday and a settlement holiday, and the segment-wise NSE holiday list for 2026.

NSE Holiday List 2026

The table below reflects NSE’s equity and equity derivatives trading-holiday schedule for 2026. Currency derivatives, commodity derivatives, and NSE MF can carry additional or different dates, so confirm the calendar for your specific segment against NSE’s official circulars.

Date	Day	Holiday
January 26, 2026	Monday	Republic Day
March 3, 2026	Tuesday	Holi
March 26, 2026	Thursday	Shri Ram Navami
March 31, 2026	Tuesday	Shri Mahavir Jayanti
April 3, 2026	Friday	Good Friday
April 14, 2026	Tuesday	Dr. Baba Saheb Ambedkar Jayanti
May 1, 2026	Friday	Maharashtra Day
May 28, 2026	Thursday	Bakri Id
June 26, 2026	Friday	Muharram
September 14, 2026	Monday	Ganesh Chaturthi
October 2, 2026	Friday	Mahatma Gandhi Jayanti
October 20, 2026	Tuesday	Dussehra
November 10, 2026	Tuesday	Diwali Balipratipada
November 24, 2026	Tuesday	Guru Nanak Jayanti
December 25, 2026	Friday	Christmas

Some NSE segments, including currency derivatives and clearing-specific calendars, also observe additional dates such as February 19 (Chhatrapati Shivaji Maharaj Jayanti), March 19 (Gudhi Padwa), and April 1 (Annual Bank Closing). These aren’t universal across every segment, so check the specific circular for the product you trade.

By Segment

Segment	Where to Check
Equity	NSE equity-market holiday schedule
Equity Derivatives	NSE F&O holiday schedule
Currency Derivatives	Separate NSE currency derivatives calendar
Commodity Derivatives	MCX holiday calendar
NSE MF	Separate NSE Mutual Fund trading holiday schedule

Holidays Falling on a Weekend

Some 2026 holidays fall on a Saturday or Sunday: 

• Mahashivratri (Sunday, February 15), 
• Id-Ul-Fitr (Saturday, March 21), 
• Independence Day / Parsi New Year (Saturday, August 15). 

November 8, 2026 is a special case, since NSE has confirmed that Muhurat Trading will be conducted that day despite it falling on a Sunday and being the Diwali Laxmi Pujan holiday, with session timings to be announced separately.

Always confirm the finalised list against NSE’s official circular, since exchanges occasionally issue revisions closer to a specific date.

What is the NSE Holiday List? 

The NSE holiday list is the exchange’s published schedule of trading holidays for its different market segments. On a full trading holiday, the relevant segment does not conduct its regular trading session. Holidays can also affect clearing and settlement schedules, so traders should consider both the trading calendar and the applicable settlement calendar rather than assuming the two always move together.

Different segments – equity, equity derivatives, currency derivatives, commodity derivatives, and NSE’s mutual fund platform, can carry different holiday schedules from each other. A date that’s a full closure for one segment might be a normal trading day for another, which is exactly why checking the calendar specific to what you actually trade matters more than checking a single generic “NSE holiday list.”

Why Should Traders Pay Attention to NSE Holidays? 

Planning around a known closure beats discovering it the morning of. A trader who tracks the NSE trading holidays calendar can decide in advance whether to hold a position through a closure, reduce exposure ahead of it, or plan settlement and fund transfers around the gap rather than getting caught off guard. Checking NSE trading holidays for the specific segment you use matters more than relying on a generic list someone else compiled.

This matters for trading and investment planning generally, not just active trading. Global markets continue operating while NSE is closed, so a position held through a holiday carries whatever news happens elsewhere in the world without any way to react until NSE reopens.

How are NSE Holidays Determined? 

NSE publishes its annual trading-holiday calendar through exchange circulars. 

The calendar includes national holidays and various religious and other observances, with dates for several festivals changing from year to year based on the lunar calendar. Different NSE market segments may have different holiday schedules, so traders should check the calendar applicable to the specific segment they trade rather than assuming one list covers everything.

How Can Traders Use the NSE Holiday Calendar? 

• Plan open positions

Review positions that will remain exposed while the market is closed, and decide in advance whether to hold or reduce that exposure.

• Plan settlement and fund movements

Account for holidays when estimating settlement timelines, since a closure can shift when funds or securities actually reach an account.

• Track global developments

Monitor major overseas market events during a closure that could influence how the next NSE session opens.

How Can Traders Access the NSE Holiday List? 

NSE’s official website publishes the confirmed calendar directly through its exchange communications and circulars, and it remains the most reliable source since it comes straight from the exchange rather than a secondhand summary. 

Many brokers also surface the same stock market holidays information within their trading app or website as a convenience, though it’s worth cross-checking that against NSE’s own circular, particularly for the specific segment you trade. Since holiday lists can occasionally see revisions, checking closer to a specific date is worth doing rather than relying purely on a calendar saved months earlier.

NSE Trading Holiday vs Settlement Holiday

A trading holiday and a settlement holiday aren’t quite the same thing, and mixing them up can cause confusion around when funds or securities actually move.

Trading Holiday	Settlement Holiday
No regular trading in the applicable segment	Settlement or clearing activity isn’t conducted for the relevant process
Primarily affects when orders can be executed	Primarily affects settlement timelines
Published by the relevant exchange segment	Published by the relevant clearing or settlement authority
Affects when you can enter or exit a position	Affects when securities or funds are actually received

NSE Clearing excludes intervening holidays, including NSE holidays, bank holidays, and weekends, when determining settlement days, which is why a trade executed right before a cluster of holidays can take noticeably longer to settle than one placed on an ordinary day.

How Does the NSE Holiday List Affect Market Volatility? 

Trading activity and liquidity can change around market holidays. Some participants may reduce positions before a closure, while the reopening session can incorporate global market movements, corporate announcements, and other developments that occurred while the Indian market was closed. 

This can contribute to larger price moves or wider bid-ask spreads in some circumstances, though the effect varies by market conditions and the specific holiday, and shouldn’t be treated as a fixed, predictable pattern every time.

How Can Online Trading Platforms Assist Traders During NSE Holidays?

Online trading platforms can make holiday planning easier by displaying market schedules, upcoming closures, and relevant account information. Investors can also use a market-closure period to review portfolios, track global developments, and prepare orders for the next trading session, subject to the specific features a given platform actually offers.

Conclusion

The NSE holiday list isn’t just a scheduling footnote, it shapes when positions can be entered or exited and when settlement actually completes. Because different NSE segments publish their own holiday schedules, checking the calendar specific to what you actually trade matters more than relying on a single generic list. Bookmark NSE’s official circulars or your broker’s holiday page, and treat holiday planning as a normal part of managing a position, not an afterthought.

Final Takeaways

• NSE publishes holiday schedules for different market segments, so check the calendar applicable to the specific product you trade rather than assuming one stock market holidays list covers everything.
• Holidays can affect both trading availability and clearing or settlement timelines, which aren’t always the same calendar.
• Global markets continue operating while NSE is closed, which can affect how the next session opens.
• November 8, 2026 is scheduled for Muhurat Trading despite falling on a Sunday, but NSE has not yet announced the session timings.
• Holiday calendars can be revised, so always check NSE’s latest circular before trading around a specific date.