As investors and traders gear up for the trading sessions, a common question arises: Will the Indian stock exchanges, specifically the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), be closed for Bakrid?
Eid al-Adha, also known as Bakrid, is a significant Islamic festival celebrated globally. In India, the observance of Bakrid is expected to be on Saturday, June 7, 2025, subject to the sighting of the crescent moon. The festival commemorates the willingness of Prophet Ibrahim to sacrifice his son as an act of obedience to God.
According to the official holiday calendars of the NSE and BSE, the stock markets will remain open on Friday, June 6, 2025. This means that regular trading activities will continue as scheduled. However, it's important to note that Saturday, June 7, 2025, will be a weekend closure for the stock markets, as they typically do not operate on Saturdays and Sundays.
While the stock markets remain open, several other institutions will observe a holiday for Bakrid. Most public offices, educational institutions, and banks are expected to be closed on Saturday, June 7, 2025. However, banks in Ahmedabad, Gangtok, Itanagar, Kochi, and Thiruvananthapuram will remain open on June 7, as it is the first Saturday of the month, which is a regular working day in these areas. Banks in Thiruvananthapuram and Kochi will be closed on Friday, June 6, 2025, for Bakrid. Digital banking services, including mobile banking, net banking, UPI, and IMPS, will continue to function uninterrupted.
The NSE observes trading holidays on key national and state holidays. For 2025, these include Maha Shivratri on February 26, Holi on March 14, Id-Ul-Fitr on March 31, Shri Mahavir Jayanti on April 10, Good Friday on April 18, Independence Day on August 15, Ganesh Chaturthi on August 27, Mahatma Gandhi Jayanti/Dussehra on October 2, Diwali Laxmi Pujan on October 21, Diwali Balipratipada on October 22, Prakash Gurpurb Sri Guru Nanak Dev on November 5, and Christmas on December 25. Muhurat Trading, a special trading session, will be held on October 21, 2025, during Diwali.
In summary, while Bakrid is an important holiday with closures for many institutions, the NSE and BSE will remain open for trading on June 6, 2025. Traders and investors can plan their strategies accordingly, keeping in mind the regular weekend closure on June 7, 2025.