MCX, also known as the Multi Commodity Exchange of India, stands as the largest commodity exchange in the country. Founded in 2003, it is presently regulated by SEBI. Initially focusing on gold and silver trading, it has broadened its scope to encompass 50 additional commodities, such as agricultural goods, metals, and currencies.
MCX Trading Holidays
NCDEX and MCX were established in 2003 for trading commodities. The Forward Markets Commission regulated both exchanges until 2016 when they were brought under SEBI as per the 2016 Union Budget. SEBI has been overseeing both exchanges since then. Details about MCX Holidays in 2024 can be found below.
MCX Trading Holidays 2024
MCX, also known as the Multi-Commodity Exchange of India, is a prominent commodity derivatives exchange specializing in metal, bullion, agro commodities, and energy trading. Similar to other exchanges, MCX observes specific public and state holidays. Below is the list of MCX holidays for 2024.
MCX Trading Holidays 2024 Calander
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Date
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Holiday
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Comments
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1 January 2024, Monday
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New Year’s Day
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Evening Off
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26 January 2024, Friday
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Republic Day
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Full Day Off
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8 March 2024, Friday
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Maha Shivaratri
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Morning Off
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25 March 2024, Monday
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Holi
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Morning Off
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29 March 2024, Friday
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Good Friday
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Full Day Off
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10 April 2024, Wednesday
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Id-ul-Fitr (Ramzan ID)
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Full Day Off
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14 April 2024, Sunday
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Dr.Baba Saheb Ambedkar Jayanti
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Full Day Off
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17 April 2024, Wednesday
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Ram Navami
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Full Day Off
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21 April 2024, Sunday
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Mahavir Jayanti
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Morning Off
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1 May 2024 Wednesday
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Maharashtra Day
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Morning Off
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17 June 2024, Monday
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Bakri Id / Eid ul-Adha
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Morning Off
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17 July 2024, Wednesday
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Muharram
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Morning Off
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15 August 2024, Thursday
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Independence Day
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Full Day Off
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7 September 2024, Saturday
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Ganesh Chaturthi
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Morning Off
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2 October 2024, Wednesday
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Mahatma Gandhi Jayanti
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Full Day Off
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13 October 2024, Sunday
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Dussehra
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Morning Off
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1 November 2024, Friday
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Diwali–Laxmi Pujan
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Morning Off
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2 November 2024, Saturday
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Diwali-Balipratipada
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Morning Off
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15 November 2024, Friday
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Guru Nanak Jayanti
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Morning Off
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25 December 2024, Wednesday
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Christmas
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Full Day Off
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Trading holidays involve either operating exclusively during the evening session or remaining closed for both sessions throughout the day, with the timings for each session unchanged.
NSE Trading Holidays 2024
Stock Market Holidays in 2024
BSE Trading Holidays List 2024
Holiday List 2024 Holiday
MCX/NCDEX Products
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MCX
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NCDEX
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40 products such as metals, gold, silver, and bullion, among others.
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34 agricultural products, such as grains, oils, oilseeds, etc.
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MCX/NCDEX Trading Schedule 2024
Investors participate in trading activities in the exchange’s Commodity Derivatives market every weekday, excluding weekends and pre-announced holidays. The trading hours for the commodities derivatives market are specified.
What is the Multi-commodity Exchange of India?
In India, MCX (Multi Commodity Exchange) and NCDEX (National Commodity & Derivative Exchange Limited) are prominent names in commodity trading, akin to stock exchanges but dealing specifically with commodities instead of shares and equity indexes.
Summary
As we navigate through the MCX Trading Holidays for 2024, it’s evident that planning ahead and being aware of these dates is crucial for traders and investors. Understanding the schedule and complete calendar of trading holidays allows individuals to make informed decisions and strategize effectively. Whether you are a seasoned trader or new to the market, staying updated on these holidays will help you optimize your trading activities and maximize your returns. Embrace this knowledge and use it to your advantage in navigating the dynamic landscape of MCX trading.
