Multi Commodity Exchange Holidays in India in 2024
The Multi Commodity Exchange of India Limited (MCX), India’s first listed exchange, is a state-of-the-art, commodity derivatives exchange that facilitates online trading of commodity derivatives transactions. It was established in 2003 and is currently controlled by the Securities and Exchange Board of India (SEBI).
However, like any other market, MCX also observed holidays, which can impact its operations and services. Understanding MCX trading holidays in India is important for anyone relying on trading in this market.
This article lists the holidays in MCX Market in 2024, which you must note before you start investing in shares listed in MCX in 2024.
List of Multi Commodity Exchange (MCX) Holidays in India in 2024
Given below is the list of MCX trading holidays list in 2024:
Date & Day | Holiday | Comments |
1 January, Monday | New Year's Day | Evening Off |
26 January, Friday | Republic Day | Full Day Off |
8 March, Friday | Maha Shivaratri | Morning Off |
25 March, Monday | Holi | Morning Off |
29 March, Friday | Good Friday | Full Day Off |
10 April, Wednesday | Eid ul-Fitr | Full Day Off |
14 April, Sunday | Dr.Baba Saheb Ambedkar Jayanti | Full Day Off |
17 April, Wednesday | Ram Navami | Full Day Off |
21 April, Sunday | Mahavir Jayanti | Morning Off |
1 May 2024 | Maharashtra Day | Morning Off |
17 June, Monday | Bakrid / Eid al-Adha | Morning Off |
17 July, Wednesday | Muharram | Morning Off |
15 August, Thursday | Independence Day | Full Day Off |
7 September, Saturday | Ganesh Chaturthi | Morning Off |
2 October, Wednesday | Mahatma Gandhi Jayanti | Full Day Off |
13 October, Sunday | Dussehra | Morning Off |
1 November, Friday | Diwali-Laxmi Pujan | Morning Off |
2 November, Saturday | Diwali-Balipratipada | Morning Off |
15 November, Friday | Guru Nanak Jayanti | Morning Off |
25 December, Wednesday | Christmas | Full Day Off |
Note: Remember that the MCX holidays in India may vary and are subject to change as per the official notification.
What are the Segments under Multi Commodity Exchange?
The Multi Commodity Exchange of India Limited (MCX) offers trading across various segments, allowing investors to trade in different commodities. Some of the key segments under MCX include:
- Metals: This segment includes commodities such as gold, silver, copper, aluminum, zinc, and nickel.
- Energy: The energy segment comprises commodities like crude oil, natural gas, and various types of fuel oils.
- Agriculture: MCX offers trading in a wide range of agricultural commodities, including staples like wheat, rice, maize, soybean, and sugar, as well as spices like pepper, cardamom, and turmeric.
- Bullion: Bullion refers to precious metals traded in bulk form, primarily gold and silver.
- Base Metals: Base metals include non-ferrous metals such as copper, aluminum, zinc, and nickel.
- Cereals and Pulses: This segment covers commodities like wheat, rice, maize, pulses, and oilseeds.
These segments offer investors a diverse range of trading opportunities, allowing them to diversify their portfolios and manage risk exposure across different commodity classes. Each segment has its own unique characteristics and drivers, providing ample opportunities for traders to capitalize on price movements and market trends.
FAQS about MCX Holidays in 2024
Is MCX open 24 hours?
Yes, MCX is virtually open for 24 hours. But live trading starts at 9 AM and ends at 11 30 PM during summers. (typically it may extend up to 11 55 PM during winters)
Can we trade MCX on Diwali?
Yes, you can do MCX trading during the evening session of Diwali which is from (5 30 PM to 11 30 PM / 11 55 PM)