Indian stock markets and banks will remain closed on Thursday, May 1, 2025, in observance of Labour Day, a public holiday celebrated across several states to honour the contributions of workers and promote their rights.
This scheduled holiday is part of the official trading and banking calendar and will impact operations across the country.
As per the holiday list issued by both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), there will be no trading in equity, equity derivatives, and SLB segments on May 1.
Trading will resume on Friday, May 2, 2025, following this one-day break.
The May 1 holiday marks the last market holiday in the first half of the year. The next major market closures will take place in August for:
Further down the year, the markets will also remain closed on:
Banks in multiple states will also remain closed on May 1 to mark Labour Day, also known as Maharashtra Day in the state of Maharashtra. According to the Reserve Bank of India (RBI), banking services such as cheque clearance, in-branch deposits, and withdrawals will be suspended in states that observe Labour Day as a public holiday.
However, digital banking services—including net banking, ATMs, and mobile banking apps—will remain operational. Customers are advised to complete essential banking tasks in advance to avoid any last-minute issues.
The closure of banks and stock markets on May 1, 2025, for Labour Day offers a brief midweek pause for market participants and banking customers. It is advisable to plan financial transactions ahead of time to ensure smooth functioning and avoid inconvenience. Normal operations will resume on May 2, allowing regular trading and banking activities to continue seamlessly.
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: Apr 25, 2025, 1:44 PM IST
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