Overview
- The National Stock Exchange and Bombay Stock Exchange remained closed on Thursday, May 28, stopping trading across equity, equity derivatives, securities lending and borrowing, currency derivatives and electronic gold receipts.
- The Multi Commodity Exchange suspended its morning session on May 28 and reopened for an evening session while the National Commodity & Derivatives Exchange was closed for the full day.
- Moon-sighting differences left some states observing Bakri Eid on May 27 and others on May 28, which created early confusion until exchanges confirmed the national market holiday.
- Orders executed before the holiday will settle on Friday, May 29 under the T+1 settlement cycle, so cash and margin effects for traders will show up when markets reopen.
- Exchanges list 16 official market holidays for 2026, the Bakri Eid break is one of them, the next scheduled holiday is Muharram on June 26, and investors are advised to check exchange and bank notices because bank branch closures vary by state.