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Why is the stock market closed on May 1? See NSE BSE Holiday List 2026

The NSE and BSE closed for trading on May 1, Friday, on account of ‘Maharashtra Day’.

Representational image | Reuters

The Indian stock markets are closed for trading on May 1, Friday, on account of Maharashtra Day. This year, the day also coincides with Buddha Purnima, or Buddha Jayanti.

The Sensex closed on Thursday for the week after falling more than 582 points to settle at 76,913.50, due to the surge in Brent crude prices. The Nifty also settled at 23,997.55, shedding at least 180 points. 

On the first of May in 1960, the Bombay Reorganisation Act was enacted, creating two new states out of the erstwhile Bombay State. These were Maharashtra and Gujarat. The day is also celebrated as Gujarat Sthapana Divas.

May will have one more bourse holiday, on May 28, for Bakrid.

Indian bourses are closed on special days that are notified earlier by the exchanges.

List of remaining market holidays in 2026

Here is the list of upcoming holidays as notifiied by the NSE and the BSE:

May 01, 2026 Friday: Maharashtra Day

May 28, 2026 Thursday: Bakrid

Jun 26, 2026 Friday: Muharram

Sep 14, 2026 Monday: Ganesh Chaturthi

Oct 02, 2026 Friday: Mahatma Gandhi Jayanti

Oct 20, 2026 Tuesday: Dussehra

Nov 10, 2026 Tuesday: Diwali-Balipratipada

Nov 24, 2026 Tuesday: Prakash Gurpurb Sri Guru Nanak Dev

Dec 25, 2026 Friday: Christmas

The following special days fall on Sundays this year, when the markets are anyway closed.

Aug 15, 2026: Independence Day

Nov 08, 2026: Diwali Laxmi Pujan