The year 2019 has come to an end. So, it’s time to be prepared for the coming new year. In the previous content, we listed the BSE and NSE holiday list of 2020. Here, we’ve come with the MCX Holiday list 2020. Among all the countries in the world, India is a country with a large geographical area, versatile religious beliefs, multiple festivals and ceremonies. In order to respect India’s rich heritage, the Indian Trading market remains closed for certain days in a year.
MCX Holidays 2020 Details
There is no need to introduce the abbreviation, it is such a popular term in the Indian financial market. MCX or Multi Commodity Exchange is one of the large and active national exchanges in India. The largest, independent commodity derivative exchange considers as to the clearance and settlement platform, established in the year 2003. Among the six national exchanges in Commodity, MCX ranks first. It offers futures and options trading for different commodities products.
What is the MCX Market Timings?
Commodity trading market timings are quite different from the equity market. The equity market has a steady time for all equity but commodity market timings differ as per the commodity product. You may check my previous content about commodity timings.
In order to understand the MCX trading holiday list clearly, we have to go through the basic morning and evening session timings of commodity trading.
Morning Session: 10:00 AM to 5:00 PM
Evening Session: 5:00 PM to 11:30 PM or 11:55 PM
(The evening session trading time is being revised twice a year but generally, summer closing timing is 11:30 and winter is 11.55 PM).
MCX Holidays 2020 List
|Date||Holiday||Morning Session||Evening Session|
|Wednesday, January 1, 2020||New Year||Open||Closed|
|Friday, February 21, 2020||Mahashivratri||Closed||Open|
|Tuesday, March 10, 2020||Holi||Closed||Open|
|Thursday, April 2, 2020||Ram Navami||Closed||Open|
|Monday, April 6, 2020||Mahavir Jayanti||Closed||Open|
|Friday, April 10, 2020||Good Friday||Closed||Closed|
|Tuesday, April 14, 2020||Dr. Baba Saheb Ambedkar Jayanti||Closed||Open|
|Friday, May 1, 2020||Maharashtra Day||Closed||Open|
|Monday, May 25, 2020||Id-Ul-Fitr (Ramzan ID)||Closed||Open|
|Friday, October 2, 2020||Mahatma Gandhi Jayanti||Closed||Open|
|Monday, November 16, 2020||Diwali-Balipratipada||Closed||Open|
|Monday, November 30, 2020||Gurunanak Jayanti||Closed||Open|
|Friday, December 25, 2020||Christmas||Closed||Closed|
Public holidays coming on weekends (Saturday and Sunday):
- Republic Day: Saturday, January 26, 2020
- Bakri Id: Saturday, August 01, 2020
- Independence Day: Saturday, August 15, 2020
- Ganesh Chaturthi: Saturday, August 22, 2020
- Moharram: Sunday, August 30, 2020
- Dasera: Sunday, October 25, 2020
- Diwali-Laxmi Pujan*: Saturday, November 14, 2020
On the day of Diwali, Laxmi puja, there is a short trading time, called Muhurat Trading. By the Muhurat trading, traders welcome the new year with charm and happiness. Timings of the Muhurat trading will be notified by the Exchange subsequently.
DISCLAIMER: Timings in the mcx holiday list 2020 could be changed by the exchange without any prior notice. So, it is advisable to check the official website prior to the holidays.