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Multi Commodity Exchange (MCX) deals with trading commodities like gold, silver, crude oil, lead, and more. MCX is closed for trading on specific days, including central and state government holidays. These also include religious festivals or national holidays. Knowing the MCX holiday list is important to plan your trading activities.
Here is the list for MCX market holidays in 2024:
MCX Holidays |
Date |
Day |
New Year’s Day |
January 01, 2024 |
Monday (Evening off) |
Republic Day |
January 26, 2024 |
Friday |
Maha Shivaratri |
March 08, 2024 |
Friday (Morning off) |
Holi |
March 25, 2024 |
Monday (Morning off) |
Good Friday |
March 29, 2024 |
Friday |
Eid-Ul-Fitr (Ramzan Eid) |
April 10, 2024 |
Wednesday |
Ram Navami |
April 17, 2024 |
Wednesday |
Maharashtra Day |
May 01, 2024 |
Wednesday (Morning off) |
Eid-al-Adha/ Bakrid |
June 17, 2024 |
Monday (Morning off) |
Muharram |
July 17, 2024 |
Wednesday (Morning off) |
Independence Day |
August 15, 2024 |
Thursday |
Mahatma Gandhi Jayanti |
October 02, 2024 |
Wednesday |
Diwali |
November 01, 2024 |
Friday (Morning off) |
Guru Nanak Jayanti |
November 15, 2024 |
Friday (Morning off) |
Christmas |
December 25, 2024 |
Wednesday |
Multi Commodity Exchange (MCX) is the first commodity derivatives exchange in India. This platform allows buyers and sellers to trade various types of commodities. It started its operations in 2003, and the Securities and Exchange Board of India (SEBI) governs it.
MCX is similar to other exchanges like the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). It sells commodity derivative contracts across various categories. MCX deals in various segments, including bullion, metals, energy and agricultural commodities.
MCX allows trading in some specific hours. Here are the timings for various sessions:
1. Normal Session
Normal trading sessions run between Monday and Friday from 09:00 AM to 11:30 PM.
Note that MCX allows future trading of agricultural commodities only up to 5:00 PM. Trading for other commodities, including Bullions, Metals and Energy products, is allowed up to 11:30 PM / 11:55 PM. As per SEBI guidelines, International referenceable Agri-commodities are available up to 09:00 PM.
2. Special Session
Special sessions for trading run between Monday and Friday from 8:45 AM to 8:59 AM. These special sessions are order cancellation sessions. They deal with the cancellation of pending orders before the market opens.
FAQs on MCX Holidays in 2024
Which month has the most MCX holidays?
MCX has maximum holidays in March 2024. The market will remain closed because of Maha Shivaratri, Holi and Good Friday.
If there is a holiday on Sunday, will the market be closed on Monday?
The rule states that if a public holiday falls on a Sunday, the following Monday will be open for traders as decided.
Is New Year's Eve considered an MCX Holiday?
No, New Year's Eve is not considered an MCX holiday. Only New Year's Day is a holiday for traders.
What is the market timing of MCX?
The MCX morning sessions are held between 9:00 AM and 5:00 PM, while the evening sessions are conducted between 5:00 PM and 11:55 PM.
