MCX Holidays List 2024: Knowing the trading holidays is crucial for strategizing your investments and planning your trading activities. In this guide, we’ve compiled the most searched MCX trading holidays, including the MCX market closure dates and Indian commodity market holidays. Whether you’re a seasoned trader or a newcomer, this list will help you Help for your trading schedule and avoid any disruptions. Explore the key dates now to ensure you’re prepared for every market closure in 2024.
MCX Holidays List 2024
Contents
- 1 MCX Holidays List 2024
- 2 MCX Holidays 2024
- 3 FAQs for MCX Holidays in 2024
- 3.1 What are the trading holidays for MCX in 2024?
- 3.2 Is MCX closed on Republic Day?
- 3.3 Will MCX be open on Holi in 2024?
- 3.4 What is the trading schedule for Good Friday?
- 3.5 Are there any half-day trading holidays in 2024?
- 3.6 Is there any special trading session during Diwali?
- 3.7 Will MCX be closed on Independence Day?
- 3.8 What happens if a holiday falls on a weekend?
- 3.9 Is there any holiday specifically for the election in 2024?
Multi-Commodity Exchange of India (MCX) is a leading platform for trading in commodity derivatives, including metals, bullion, agricultural commodities, and energy products. MCX observes closures on specific public and state holidays. MCX may also observe regional holidays based on local customs and state-specific celebrations. Traders should consult the MCX official website or their trading platforms for the most accurate and updated information regarding market closures and trading schedules.
By keeping track of these dates, traders can avoid any disruption in their trading plans and ensure that their investments are managed effectively throughout the year.
About Multi-commodity Exchange of India (MCX/NCDEX)
MCX, established in November 2003, is a major commodity derivatives exchange in India. Regulated by the Securities and Exchange Board of India (SEBI), MCX offers a platform for trading a wide array of commodity derivative contracts. The exchange boasts a network of 669 registered members and 51,575 certified professionals, extending its reach to over 1,200 cities across India. MCX aims to support and advance its operations through the development of vibrant and efficient trading communities.
- Morning session: 10 am to 5:00 pm.
- Evening session: 5:00 pm to 11:30 pm or 11:55 pm.
- Agricultural Products with International Connections: 5:00 pm to 9:00 pm or 9:30 pm.
Check here for more : Share Market Timings
Products of MCX/NCDEX
MCX and NCDEX serve distinct roles in the commodities market. MCX is renowned for its trading in metals and energy products. It offers a diverse range of items, including metals, gold, silver, and bullion. In contrast, NCDEX specializes primarily in agricultural commodities. It features a variety of agricultural products such as grains, oils, and oilseeds.
- MCX: Includes 40 products like metals, gold, silver, and bullion.
- NCDEX: Includes 34 agricultural products such as grains, oils, and oilseeds.
MCX Holidays 2024
National Holiday | Date | Day | Morning Session | Evening Session* |
---|---|---|---|---|
Republic Day | January 26, 2024 | Friday | Closed | Closed |
Maha Shivaratri | March 08, 2024 | Friday | Closed | Open |
Holi | March 25, 2024 | Monday | Closed | Open |
Good Friday | March 29, 2024 | Friday | Closed | Closed |
EID AL FITR | April 11, 2024 | Thursday | Closed | Open |
Ram Navami | April 17, 2024 | Wednesday | Closed | Open |
Maharashtra Day | May 01, 2024 | Wednesday | Closed | Open |
Parliamentary Election | May 20, 2024 | Monday | Closed | Open |
Bakri Id | June 17, 2024 | Monday | Closed | Open |
Muharram | July 17, 2024 | Wednesday | Closed | Open |
Independence Day | August 15, 2024 | Thursday | Closed | Closed |
Mahatma Gandhi Jayanti | October 02, 2024 | Wednesday | Closed | Closed |
Diwali-Laxmi Pujan * | November 01, 2024 | Friday | Closed | Open |
Gurunanak Jayanti | November 15, 2024 | Friday | Closed | Open |
Christmas | December 25, 2024 | Wednesday | Closed | Closed |
Morning session: 10 a.m. to 5:00 p.m. Evening session – 5:00 p.m. to 11:30 p.m./11:55 p.m.
*5:00 p.m. to 9:00 p.m./9:30 p.m. for Agricultural Products with International Connections
**Times for Muhurat trading will be communicated by the exchange in the future.
Check also : Stock Market Holidays – BSE Holidays – NSE Holidays – Settlement clearing holidays
Do MCX holidays have special trading hours?
Yes, the Multi Commodity Exchange (MCX) in India observes specific trading hours during holidays. On most public holidays, MCX trading is typically closed. However, for certain holidays, the exchange might have altered trading hours or be open for a limited period. It’s important to check the MCX official website or contact their customer support for the most accurate and up-to-date information regarding trading hours on holidays. This ensures you’re informed about any changes that could affect your trading schedule.
FAQs for MCX Holidays in 2024
What are the trading holidays for MCX in 2024?
The MCX holidays for 2024 include major public and festival holidays such as Republic Day, Holi, Good Friday, Eid-ul-Fitr, Independence Day, Diwali, and Christmas. The exchange is closed for both the morning and evening sessions on some holidays, while on others, only the morning session is closed.
Is MCX closed on Republic Day?
Yes, MCX is closed for both the morning and evening sessions on Republic Day, January 26, 2024.
Will MCX be open on Holi in 2024?
On Holi, March 25, 2024, the morning session is closed, but the evening session will be open.
What is the trading schedule for Good Friday?
MCX is closed for both the morning and evening sessions on Good Friday, March 29, 2024.
Are there any half-day trading holidays in 2024?
MCX has half-day trading on certain holidays like Holi, Eid-ul-Fitr, Ram Navami, Maharashtra Day, Bakri Id, Muharram, Diwali, and Guru Nanak Jayanti, where the morning session is closed and the evening session is open.
Is there any special trading session during Diwali?
Will MCX be closed on Independence Day?
Yes, MCX will be closed for both the morning and evening sessions on Independence Day, August 15, 2024.
What happens if a holiday falls on a weekend?
If a holiday falls on a weekend, there is typically no additional holiday observed during the trading week. For example, in 2024, some holidays such as Maha Shivaratri on March 8 and Republic Day on January 26 fall on weekdays and the exchange will be closed accordingly.
Is there any holiday specifically for the election in 2024?
Yes, MCX will be closed for the morning session on May 20, 2024, due to the Parliamentary Election, but it will be open for the evening session.
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