The Bombay Stock Exchange (BSE), one of the most popular stock exchanges in India, operates every working weekday of the year apart from a few days. In order to allow market participants to make suitable planning for their trades and transactions, these holidays are standardised and declared every year.
Retail investors, institutional traders, fund managers, and brokers dealing in the equity and derivative markets must take note of the BSE holidays 2025 list.
Similar to the National Stock Exchange (NSE), the BSE’s primary trading segments—equity, equity derivatives, and securities lending and borrowing (SLB)—all observe the same holiday schedule. Due to regional observances, religious festivals, or national celebrations, financial institutions in India have declared these days non-operational.
BSE trading segments observing holidays
The BSE holiday calendar for 2025 affects the following trading platforms:
- Equity segment
- Equity derivatives segment
- Securities Lending and Borrowing (SLB) segment
The participants trading in these segments of the market must keep themselves updated about trading closure dates, since no transaction business is carried out on these holiday periods. This provides for uniformity, transparency, and equity among all categories of investors trading through the BSE.
List of trading holidays declared by BSE in 2025
The following table outlines the complete list of BSE holidays 2025 that will result in market closure. These holidays fall on weekdays and affect all segments mentioned above:
| Holiday | Date | Day |
| Maha Shivratri | February 26, 2025 | Wednesday |
| Holi | March 14, 2025 | Friday |
| Id-ul-Fitr (Ramzan ID) | March 31, 2025 | Monday |
| Mahavir Jayanti | April 10, 2025 | Thursday |
| Dr. Baba Saheb Ambedkar Jayanti | April 14, 2025 | Monday |
| Good Friday | April 18, 2025 | Friday |
| Maharashtra Day | May 1, 2025 | Thursday |
| Independence Day | August 15, 2025 | Friday |
| Ganesh Chaturthi | August 27, 2025 | Wednesday |
| Dusshera/ Mahatma Gandhi Jayanti | October 2, 2025 | Thursday |
| Diwali – Laxmi Pujan | October 21, 2025 | Tuesday |
| Diwali – Balipratipada | October 22, 2025 | Wednesday |
| Guru Nanak Jayanti | November 5, 2025 | Wednesday |
| Christmas | December 25, 2025 | Thursday |
During these official non-trading days, both order placement and execution activities are halted. Additionally, clearing and settlement processes through the clearing corporations are not conducted, maintaining uniformity across the exchange.
Holidays falling on weekends in 2025
Certain significant festivals and commemorative events fall on weekends during 2025. Since the BSE remains closed on Saturdays and Sundays by default, these holidays will not cause additional closure:
| Holiday | Date | Day |
| Republic Day | January 26, 2025 | Sunday |
| Ram Navami | April 6, 2025 | Sunday |
| Eid-ul-Adha | June 7, 2025 | Saturday |
| Muharram | July 6, 2025 | Sunday |
Though these occasions are marked as national or religious holidays, they do not impact the BSE’s operational days since they align with the weekend.
Special session: Muhurat Trading 2025
On the occasion of Diwali, the BSE holds a ceremonial trading session known as Muhurat Trading every year. According to Hindu tradition, this symbolic trading window marks the start of a new fiscal year. Muhurat Trading is planned for Tuesday, October 21, 2025.
On Diwali day, regular trading is closed, but on this auspicious evening, a limited-hour trading session is held. Official circulars are sent out closer to the date with the timings of this special session. Invoking financial prosperity through token trades, this session is especially well-liked by family-run trading desks and retail investors.
Purpose and impact of BSE holidays
The publication of the BSE holidays 2025 calendar serves several practical functions in the financial ecosystem:
- It provides clarity and predictability to all market participants.
- It allows brokers, institutions, and clearing houses to plan settlements and compliance operations effectively.
- Investors can structure their fund transactions, SIPs, and NAV redemptions around the market closure dates.
- It ensures parity with global financial markets that operate on fixed holidays.
By circulating this list at the beginning of the year, the Bombay Stock Exchange aligns itself with standard operating norms and facilitates smooth transaction scheduling for clients and firms alike.
Role of clearing and settlement holidays
The BSE observes clearing and settlement holidays in addition to trading holidays. These days are crucial for fund transfer instructions and settlement finality, even though they might not fall on trading holidays. Settlements and margin obligations are typically postponed when clearing corporations stay closed.
The BSE’s circular notifications and member advisories are typically used to convey all instructions regarding the same in advance.
Who should follow the BSE holidays 2025 list?
Understanding the BSE holiday structure is important for various stakeholders across the capital market industry:
- Retail investors: Can avoid placing orders on non-operational days
- Portfolio managers and advisors: Use the schedule for asset allocation decisions and rebalancing tasks
- Institutional traders: Coordinate transactions, derivatives expiry, and rollovers
- Brokers and dealers: Organise backend operations and workforce logistics
- Clearing banks and custodians: Manage settlement cycles and margin collection timelines
Being aligned with the BSE’s market calendar prevents missed trades, liquidity constraints, or fund movement disruptions.
Scope for holiday schedule changes
While the BSE holidays 2025 list is fixed at the start of the calendar year, the exchange reserves the right to make amendments if the need arises. Any such changes are formally announced through BSE circulars. Participants are advised to monitor updates issued on the official BSE platform to stay informed about potential schedule modifications.
These changes may arise from sudden government declarations, state emergencies, or unforeseen national developments. Nevertheless, the exchange ensures that sufficient notice is provided before implementation.
Comparing BSE and NSE holidays
Although the BSE and the National Stock Exchange operate independently, both generally adhere to similar holiday schedules. This synchronicity ensures that trading activity remains harmonised across the broader Indian equity and derivatives ecosystem. As a result, days when the BSE is closed are often mirrored on the NSE, reducing any arbitrage discrepancies or market confusion.
However, subtle variations may exist depending on segment-specific closures or regional priorities. Traders are encouraged to review both the BSE and NSE holiday calendars to confirm market availability before planning significant transactions.
Final note for investors
The 2025 holiday schedule for the Bombay Stock Exchange is a vital resource for anyone involved in the Indian financial markets. Throughout the year, it acts as a reference point for investor planning, settlement schedules, and trading activity. Stakeholders can more effectively plan margin calls, investment operations, and compliance tasks with the comprehensive list already in place.
Understanding the BSE holidays in 2025 will help you make sure that your transactions are well-timed and in line with the market’s cycle, regardless of your level of experience with stocks.
