The Indian share market will be closed today, May 1, 2025, in observance of Maharashtra Day. This holiday, also known as Maharashtra Din, marks the formation of the state of Maharashtra on May 1, 1960, and is a significant public holiday observed annually.
Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain shut for the entire trading session, which runs from 9:00 AM to 5:00 PM. The closure means that no trading activity will take place across all segments, including equities, derivatives, and securities lending and borrowing (SLB). Trading is set to resume tomorrow, May 2, 2025.
Additionally, the Multi Commodity Exchange (MCX) will also be closed for the morning session but will open for trading in the evening, from 5:00 PM to 11:55 PM. This closure aligns with the public holiday, as both BSE and NSE are headquartered in Mumbai, the capital of Maharashtra.
Today’s market closure coincides with International Workers' Day, also known as Labour Day, which is celebrated in various states across India including Maharashtra, Tamil Nadu, and West Bengal. This dual celebration has heightened public interest, with a notable spike in Google searches for "share market holiday" reflecting widespread curiosity about the stock market's closure.
On the trading day prior to the holiday, April 30, 2025, the BSE Sensex closed at 80,242, down 46 points or 0.06 percent, while the NSE Nifty50 ended the day slightly lower at 24,334, down just 2 points or 0.01 percent. The broader market indices, such as the Nifty Smallcap100 and Nifty Midcap100, also faced declines of 1.71 percent and 0.85 percent, respectively.
Despite the recent dips, the performance of the markets in April showed a generally positive trend, with the Sensex gaining 4,217.73 points or 5.55 percent over the month and the Nifty 50 rising by 1,168.50 points or 5.04 percent. This growth was attributed to significant foreign institutional investment inflows, totaling Rs 2,735.02 crore in Indian equities during April.
However, investor sentiment has been tempered by rising geopolitical tensions, particularly between India and Pakistan, which have raised concerns over market stability. Analysts suggest that while short-term fluctuations may continue, the long-term outlook remains optimistic due to the overall positive inflows and economic conditions.
Looking ahead, there are no further stock market holidays in May 2025, ensuring uninterrupted trading for investors. The next scheduled holiday will occur on August 15, 2025, in observance of Independence Day. Following that, another holiday is planned for August 27, 2025, for Ganesh Chaturthi.
As the stock market gears up to reopen on May 2, investors are encouraged to stay informed about upcoming holidays and market conditions. The full list of stock market holidays for 2025 is available on the official websites of the BSE and NSE, where traders can also find additional information related to trading sessions and market operations.
In summary, the closure of the Indian stock market today for Maharashtra Day reflects the importance of this regional holiday, which not only celebrates the formation of a key Indian state but also coincides with a global recognition of workers' contributions. As markets prepare to resume trading tomorrow, stakeholders will be keenly observing how these factors influence investor behavior and market dynamics moving forward.
