MCX Trading Holidays 2024:- Schedule And Complete Calendar

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.

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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

Date  

Holiday  

Comments  

1 January 2024, Monday

New Year’s Day  

Evening Off  

26 January 2024, Friday

Republic Day  

Full Day Off  

8 March 2024, Friday

Maha Shivaratri  

Morning Off  

25 March 2024, Monday

Holi  

Morning Off  

29 March 2024, Friday

Good Friday  

Full Day Off  

10 April 2024, Wednesday

Id-ul-Fitr (Ramzan ID)  

Full Day Off  

14 April 2024, Sunday

Dr.Baba Saheb Ambedkar Jayanti  

Full Day Off  

17 April 2024, Wednesday

Ram Navami 

Full Day Off 

21 April 2024, Sunday

Mahavir Jayanti  

Morning Off  

1 May 2024 Wednesday

Maharashtra Day  

Morning Off  

17 June 2024, Monday

Bakri Id / Eid ul-Adha  

Morning Off  

17 July 2024, Wednesday

Muharram  

Morning Off  

15 August 2024, Thursday

Independence Day  

Full Day Off  

7 September 2024, Saturday  

Ganesh Chaturthi  

Morning Off  

2 October 2024, Wednesday 

Mahatma Gandhi Jayanti  

Full Day Off  

13 October 2024, Sunday  

Dussehra 

Morning Off  

1 November 2024, Friday 

DiwaliLaxmi Pujan  

Morning Off  

2 November 2024, Saturday  

Diwali-Balipratipada  

Morning Off  

15 November 2024, Friday  

Guru Nanak Jayanti  

Morning Off  

25 December 2024, Wednesday  

Christmas  

Full Day Off 

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.

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MCX/NCDEX Products

MCX 

NCDEX 

40 products such as metals, gold, silver, and bullion, among others.

34 agricultural products, such as grains, oils, oilseeds, etc.

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.