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NCDEX and MCX were founded and started trading commodities in 2003. The Forward Markets Commission oversaw both the MCX and the NCDEX until 2016 (FMC). The government resolved to include them under SEBI in the Union Budget of 2016. SEBI has been in charge of the two main commodities exchanges ever since. All the information you want regarding the MCX Holidays in 2024 is contained below.
List of MCX Holidays 2024
| National Holiday | Date | Day | Morning Session | Evening Session* |
|---|---|---|---|---|
| Special Holiday | January 22, 2024 | Monday | Closed | Closed |
| Republic Day | January 26, 2024 | Friday | Closed | Open |
| Mahashivratri | March 08, 2024 | Friday | Closed | Open |
| Holi | March 25, 2024 | Monday | Closed | Closed |
| Good Friday | March 29, 2024 | Monday | Closed | Closed |
| EID AL FITR | April 11, 2024 | Thursday | Closed | Open |
| Ram Navami | April 17, 2024 | Wednesday | Closed | Open |
| Maharashtra Day | May 01, 2024 | Wednesday | Closed | Open |
| Parliamentary Election | May 20, 2024 | Monday | Closed | Open |
| Bakri Eid | June 17, 2024 | Monday | Closed | Open |
| Moharram | July 17, 2024 | Wednesday | Closed | Open |
| Independence Day | August 15, 2024 | Thursday | Closed | Closed |
| Mahatma Gandhi Jayanti | October 02, 2024 | Wednesday | Closed | Closed |
| Diwali Laxmi Pujan * | November 01, 2024 | Friday | Closed | Open |
| Gurunanak Jayanti | November 15, 2024 | Friday | Closed | Open |
| Christmas | December 25, 2024 | Wednesday | Closed | Closed |
Morning session: 10 a.m. to 5:00 p.m. Evening session - 5:00 p.m. to 11:30 p.m./11:55 p.m.
*5:00 p.m. to 9:00 p.m./9:30 p.m. for Agricultural Products with International Connections
About Multi-commodity Exchange of India (MCX/NCDEX)
When it comes to the trading of commodities in India, MCX MCX, or Multi Commodity Exchange and NCDEX, or National Commodity & Derivative Exchange Limited, are two of the most well-known names in commodity trading. Both of these function in a way that is similar to that of stock exchanges; however, the primary distinction between the two is that they trade in commodities rather than shares and equity indexes.
Products of MCX/NCDEX
MCX is more well-known for its trading in metals and energy items, whilst the NCDEX focuses more on agricultural commodities as its primary area of expertise. Some of the notable products are mentioned in the table.
| MCX | NCDEX |
| 40 products such as metals, gold, silver, and bullion, among others. | 34 agricultural products, such as grains, oils, oilseeds, etc. |
MCX/NCDEX Trading Schedule
Every day of the week, from Monday through Friday, investors in the exchange's Commodity Derivatives market engage in trading activities. This excludes Saturdays and Sundays as well as holidays announced by the Exchange in advance and communicated to exchange members. The timings of the commodities derivatives market sector are as follows:
FAQs
In 11the year 2024, April have maximum MCX/NCDEX trading holidays.
No. There is no holiday on New Year's Eve.
In India, the hours for commodity trading are Monday to Friday. It takes place from 9 a.m. to 11:55 p.m. On Saturdays, Sundays, and other holidays—the specifics of which are available on the MCX website—trading is not conducted.
Commodity trading hours in India are Monday to Friday. It takes place from 9 a.m. and 11:30/11:55 p.m. Trading is suspended on Saturdays and Sundays.
Commodity trading hours in 2024 in India are Monday to Friday from 9 a.m. and 11:30/11:55 p.m.