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Here you will find the MCX holidays for 2023. We list the holidays and how they impact your investment strategies. It is commonly advised that you plan your trading and settlement activities in advance, to ensure that you don’t miss any important timelines.

 

The Multi Commodity Exchange of India (MCX) is the nation’s largest commodity exchange. This exchange facilitates online trading for a variety of commodities. Established in November 2003, with just two commodities, gold, and silver, it now has expanded to trade more than 50 commodities, including metals, energy, agricultural products, and currencies. The exchange has rapidly grown and emerged as a leading platform for commodity trading in India.

 

It’s advised to be updated on the official announcements made by the MCX to know about any changes to the schedule.

MCX Holiday List for 2023

Holidays Date Day Morning session Evening session
  • New Year’s Day
 01 January 2023 Sunday Open Closed
  • Republic Day
 26 January 2023 Thursday Closed Closed
  • Mahashivratri
 18 February 2023 Saturday Closed Open
  • Holi
 07 March 2023 Tuesday Closed Open
  • Ram Navami
 30 March 2023 Thursday Closed Closed
  • Mahavir Jayanti
 04 April 2023 Tuesday Closed Open
  • Good Friday
 07 April 2023 Friday Closed Closed
  • Dr. Baba Saheb Ambedkar Jayanti
 14 April 2023 Friday Closed Closed
  • Id-Ul-Fitr (Ramzan Id)
 22 April 2023 Saturday Closed Closed
  • Maharashtra Day
 01 May 2023 Monday Closed Open
  • Bakri Id
 29 June 2023 Thursday Closed Open
  • Moharram
 29 July 2023 Saturday Closed Open
  • Independence Day
 15 August 2023 Tuesday Closed Closed
  • Ganesh Chaturthi
 19 September 2023 Tuesday Closed Open
  • Dussehra
 24 October 2023 Tuesday Closed Open
  • Diwali – Balipratipada
 14 November 2023 Tuesday Closed Open
  • Guru Nanak Jayanti
 27 November 2023 Monday Closed Open
  • Christmas
 25 December 2023 Monday Closed Closed

*Additionally, it is important to keep in mind that the MCX may declare additional holidays throughout the year due to unforeseen circumstances. In such cases, the exchange will issue a circular notifying traders and investors of the holiday.

Frequently Asked Questions (FAQs)

What is the MCX holiday list?

The MCX holiday list is a schedule of days on which this commodity exchange in India remains closed for trading.

Can I buy or sell commodities on MCX holidays?

No, you cannot buy or sell commodities on MCX holidays in India as the exchange remains closed on these days.

Where can I find the MCX holiday list?

The MCX holiday list is published by the exchange itself and can be found on their official website. The list is also available with market regulators, news websites and verified trading platforms.

What is the opening time and closing time for the MCX?

Trading on the MCX is conducted on Monday to Friday:

  • Morning session: 10:00 AM to 5:00 PM (IST)
  • Evening session: 5:00 PM to 11:30 PM (IST)

Do make a note that trading hours are subject to change per recommended regulatory requirements.

Can I trade on weekends on the MCX?

No, weekends, which are Saturday and Sunday, are non-trading days for the MCX.

Are there any special trading hours during holidays?

Yes, on some holidays, the MCX may have special trading hours or half-day trading sessions. You may refer to the schedule specified by the exchange for more details.

Is the MCX closed for all bank holidays?

The holiday schedule followed by the MCX is announced well in advance. These holidays are specified by the exchange and may or may not coincide with bank holidays. Therefore, it is important to refer to the official holiday list released by the MCX to know which days the exchange will remain closed for trading.

*Please note that the MCX Holiday List may change from year to year and it is recommended to check for the most up-to-date information from reliable sources before making any trading decisions or planning your investment activities. Always consult with a financial advisor for personalised investment advice.

Happy investing!

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