Commodity markets will also observe a full-day closure. The Multi Commodity Exchange of India will remain shut for both the morning and evening sessions on Republic Day, meaning there will be no trading in metals, energy or agricultural commodities through the day.
Trading across all segments will resume as usual on Tuesday, January 27, following the holiday.
Stock market Holidays 2026
Republic Day marks the first stock market holiday of the calendar year. Indian exchanges will remain closed for a total of 15 days during the year, covering a mix of national and religious occasions.After Republic Day on January 26, markets will shut for Holi on March 3, followed by Ram Navami on March 26 and Mahavir Jayanti on March 31. April will see closures on Good Friday on April 3 and Ambedkar Jayanti on April 14, while Maharashtra Day on May 1 will also be a trading holiday.
In the first half of the year, another key closure will be Bakri Id on May 28, followed by Muharram on June 26. The second half of 2026 includes holidays for Ganesh Chaturthi on September 14 and Gandhi Jayanti on October 2. Markets will then remain closed for Dussehra on October 20, Diwali Balipratipada on November 10, and Guru Nanak Jayanti on November 24. The final market holiday of the year will be Christmas on December 25.
It is also worth noting that Independence Day, August 15, falls on a weekend in 2026. As a result, there will be no additional market closure on that date beyond the regular weekend break.
Indian stock market outlook
From a market perspective, Indian equities have remained cautious and volatile throughout the last week amid a challenging global backdrop. Renewed global trade tensions and sustained foreign investor outflows have weighed on sentiment. Fresh tariff-related developments in the US and Europe, along with rising global bond yields, have pushed investors toward safer assets, limiting risk appetite across emerging markets, including India.Domestic cues have been mixed as well. Corporate earnings from segments such as banking and information technology have not met expectations in several cases, which has capped any meaningful upside. While there have been brief phases of value buying, these have so far failed to translate into a sustained market rebound.
Looking ahead, analysts say market direction in the coming weeks is likely to be influenced by global macro signals and domestic policy expectations. Investors will keep a close watch on guidance from the US Federal Reserve on interest rates, currency movements, and developments around the Union Budget.
With the earnings season still underway, stock-specific action is expected to remain prominent, while overall sentiment is likely to stay cautious, shaped by global developments and corporate performance.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)