The National Stock Exchange of India (NSE) follows a set trading schedule for all its market segments. However, trading is paused on specific public and national holidays throughout the year. This article provides a comprehensive look at the NSE trading holiday calendar for 2025, along with session-wise schedules for the Equity, Derivatives, SLB, and Commodity Derivatives segments. Understanding this calendar helps market participants plan their trades and settlements more effectively.
NSE trading holidays for 2025 – Equity, Derivatives, and SLB segments
The NSE has declared a list of non-trading days for the Equity, Equity Derivatives, and Securities Lending and Borrowing (SLB) segments. Trading will remain suspended on the following days:
- 17 January – Special Holiday
- 26 January – Republic Day (Sunday)
- 1 March – Mahashivratri
- 29 March – Holi
- 31 March – Annual Closing
- 14 April – Dr. Baba Saheb Ambedkar Jayanti
- 18 April – Good Friday
- 1 May – Maharashtra Day
- 8 May – Buddha Purnima
- 26 May – General Parliamentary Elections (Mumbai Constituency)
- 4 June – Id-Ul-Fitr (Ramzan Id)
- 11 August – Bakri Id / Eid al-Adha
- 15 August – Independence Day
- 19 August – Parsi New Year
- 2 October – Mahatma Gandhi Jayanti
- 21 October – Diwali – Laxmi Pujan (special trading session only)
- 23 October – Diwali Balipratipada
- 27 October – Bhai Dooj
- 3 November – Guru Nanak Jayanti
- 25 December – Christmas
Note:
On 21 October 2025 (Diwali – Laxmi Pujan), a Muhurat Trading session will be held for one hour. The exact timing will be announced by the NSE at a later date.
Commodity Derivatives segment holidays for 2025
The Commodity Derivatives segment also observes holidays that coincide with major festivals and national events. Below is the official list for 2025:
- 17 January – Special Holiday
- 26 January – Republic Day (Sunday)
- 1 March – Mahashivratri
- 29 March – Holi
- 31 March – Annual Closing
- 14 April – Dr. Baba Saheb Ambedkar Jayanti
- 18 April – Good Friday
- 1 May – Maharashtra Day
- 8 May – Buddha Purnima
- 26 May – General Parliamentary Elections (Mumbai Constituency)
- 4 June – Id-Ul-Fitr (Ramzan Id)
- 11 August – Bakri Id / Eid al-Adha
- 15 August – Independence Day
- 19 August – Parsi New Year
- 2 October – Mahatma Gandhi Jayanti
- 21 October – Diwali – Laxmi Pujan (Evening session closed)
- 23 October – Diwali Balipratipada
- 27 October – Bhai Dooj
- 3 November – Guru Nanak Jayanti
- 25 December – Christmas
Segment-specific session impact:
For 21 October, the Evening Session will remain closed. Further instructions on the Morning Session, if any, will be provided by the exchange.
Holidays falling on weekends
Some important dates in 2025 fall on Saturdays or Sundays. Since the NSE remains closed on weekends regardless, no trading is conducted on the following days, even though they are marked as holidays:
- 26 January – Republic Day (Sunday)
- 6 April – Shri Ram Navami (Sunday)
- 7 June – Bakri Id / Eid al-Adha (Saturday)
- 6 July – Muharram (Sunday)
These dates will not impact the usual trading schedule since the market is already non-operational on these days.
Trading session timings – Equity, Derivatives, and SLB
For most active trading days, the NSE follows a standard time structure across its primary segments. Below are the key time for regular trading activity in the Equity, Equity Derivatives, and SLB segments:
| Session Type | Time |
| Pre-Open Session | 9:00 AM to 9:15 AM |
| Regular Trading | 9:15 AM to 3:30 PM |
| Closing Session | 3:40 PM to 4:00 PM |
In addition, Block Deal sessions are conducted as follows:
- Morning Block Deal Window: 8:45 AM to 9:00 AM
- Afternoon Block Deal Window: 2:05 PM to 2:20 PM
These timings are applicable on all standard trading days and are subject to regulatory updates.
Special Trading Day – Muhurat Session
The Muhurat Trading session is held once a year on Diwali to mark the beginning of the new financial year according to Hindu tradition. In 2025, Diwali – Laxmi Pujan falls on Tuesday, 21 October.
Although this date is a holiday for regular trading, NSE will open its platform for a symbolic one-hour trading window. Details such as pre-open and continuous session timings will be published in a circular closer to the event.
Participating in this session is considered auspicious by many traders and investors. It is used to make token purchases or initiate fresh positions for the new Samvat year.
Key takeaways for investors and traders
Understanding the NSE trading calendar is critical for anyone participating in the stock markets. Here are the key points to remember:
- Plan your trades and settlements around the holidays to avoid execution or delivery delays.
- Monitor segment-wise sessions, especially in the Commodity Derivatives market where only the Evening Session may be closed.
- Watch out for special trading windows, such as the Muhurat session, which may differ from regular hours.
- Avoid placing orders on holidays, as they will not be processed or executed by the exchange.
- Be aware of dual-session structure in commodities—Morning and Evening—and how specific holiday rules affect only one part of the day.
- Stay alert to last-minute circulars or timing adjustments released by NSE, particularly near year-end or during festival periods.
Additionally, corporate actions, NAV calculations, and settlement cycles may shift slightly around trading holidays. Institutions and investors should align reporting and settlement systems to the revised timelines during such periods.
Conclusion
The NSE holiday list for 2025 outlines all non-trading days across major market segments including Equity, Derivatives, SLB, and Commodities. Along with these holidays, the session-wise timing schedule helps market participants coordinate trading activities and manage investment workflows effectively.
Staying updated with this calendar reduces the risk of missed deadlines, failed settlements, and other operational challenges. Always check the NSE’s official circulars for the latest information on trading hours, special sessions, or any changes to the declared holiday list.
By aligning trading plans with the holiday calendar, both institutional and retail investors can better manage risk and enhance operational efficiency throughout the financial year.

