Stock Market Holiday on May 1: NSE, BSE to remain closed for Maharashtra Day

The Indian stock market will be closed on Thursday, May 1, on account of Maharashtra Day.

The Maharashtra Foundation Day is observed to commemorate the formation of the state from the erstwhile Bombay State in 1960. Maharashtra and Gujarat were carved out as separate states on May 1, 1960.

It’s a public holiday in Maharashtra and the stock markets will remain closed along with the banks, government offices, schools, colleges and other institutions. The day also coincides with Labour Day.

Both the stock exchanges, the Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), will not conduct any trading or settlement in stocks, derivatives, or securities lending and borrowing (SLB) segments tomorrow.

The Multi Commodity Exchange (MCX) will also be observing a holiday in the morning session on Thursday, from 9 am to 5 pm. However, trading will commence in the evening from 5 pm to 11:55 pm.

The domestic equities will resume regular trading operations on Friday, May 2, 2025.

There will be only one market holiday in May, in addition to nine closures over the weekend, as opposed to three market holidays witnessed last month in April 2025.

The upcoming stock market holidays in 2025 include Independence Day on August 15 and Ganesh Chaturthi on August 27. Additionally, markets will remain closed on account of Mahatma Gandhi Jayanti and Dussehra on October 2, Diwali and Laxmi Pujan on October 21, Diwali Balipratipada on October 22, Prakash Gurpurb on November 5 and Christmas on December 25.