Stock Market Holidays 2026: BSE, NSE To Be Shut For 4 Days From March 23 to 31: Ram Navami To Mahavir Jayanti

The Indian stock market is in for a holiday-shortened trading week from March 23rd to March 27th. Trading on BSE and NSE will be closed for three days next week. However, in total there are four holidays left in the last 8 days of March for BSE and NSE. Apart from weekend holidays, the market will be shut for two big festivals, namely Ram Navami and Mahavir Jayanti. This will also be the last month for the financial year 2025-26.

Stock Market Holidays 2026:

Trading will be closed on March 26th for the celebration of Ram Navami. While market will also be closed on March 28th and March 29th for Saturday and Sunday weekend holiday.

The last holiday of the month is on March 31, Tuesday, for the celebration of Mahavir Jayanti.

During these holidays, trading will not be available in equity, equity derivatives, commodities, forex, SLB segment and other market related instruments. However, trading at MCX will be closed only for half a day and resume its evening trading pattern. Apart from this, on these special occasions, there is also settlement holiday.

Ram Navami 2026:

Ram Navami being the day when Lord Rama appeared in his human and divine form, is celebrated with great reverence and festivities all over India, but especially in the sacred city of Ayodhya in Uttar Pradesh. Leading up to Ram Navami, Hindus observe the 9-day fast during the Chaitra Navaratri, as per Utsav website.

Mahavir Jayanti 2026:

Mahavir Jayanti 2026 will be celebrated on March 31, 2026, marking the birth anniversary of Lord Mahavir, the 24th Tirthankara of Jainism. It is a day of prayers, fasting, and acts of charity, observed by Jains across India. The festival emphasises non-violence, truth, and compassion, reflecting Mahavir's core teachings, as per Vedantu website.

Sensex, Nifty Performance:

Both Sensex and Nifty ended their last week's session on a bearish note, however, the downfall was marginally. Currently, Sensex which is at 74,532.96, dropped by 56.52 points or 0.08% in its weekly performance from March 16th to March 20th.

Meanwhile, Nifty which stood at 23,114.50, has slipped by 44.30 points or 0.19% last week. Nifty also underperformed Sensex.

Talking about the performance, Ajit Mishra - SVP, Research, Religare Broking said, Markets ended the week on a largely flat note with a negative bias, reflecting underlying caution among participants. The tone remained positive during the first three sessions; however, a sharp decline on Thursday erased the gains, followed by a volatile final session.

Indian Stock Market Weekly Outlook:

In the upcoming week, the market will be data-sensitive amid ongoing global uncertainties. Developments in the West Asia conflict and movements in crude oil prices will continue to act as key external drivers and are likely to dictate the near-term market trend.

In India, investors will monitor amid ongoing global uncertainties. Developments in the West Asia conflict and movements in crude oil prices will continue to act as key external drivers and are likely to dictate the near-term market trend.

Giving a technical outlook, Mishra said, "The benchmark index is likely to remain volatile, with immediate support placed at 22,800. A decisive break below this level could extend the decline toward 22,500 initially, followed by a major support zone near the 200 WEMA around 22,000. On the upside, the 23,400-23,600 zone is expected to act as an immediate resistance band, while the major resistance is placed at 24,000."

He added, "Broader indices continue to mirror the overall cautious trend. The midcap segment is maintaining relative outperformance compared to smallcaps, which are witnessing sharper declines during down days. The overall trend suggests limited conviction, with investors adopting a selective approach amid elevated volatility."

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