Is the Stock Market Open on Republic Day 2027? NSE India Hours
January 26, 2027
Is the Stock Market Open on Republic Day 2027? NSE India Hours
NSE India are closed on Tuesday, for Republic Day.
- Next holiday
- Id-Ul-Fitr
- Regular hours
- 9:15 am to 3:30 pm IST
Full schedule and background: NSE India Holidays.
Updated
The National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) are closed on Tuesday, January 26, 2027 for Republic Day, a national holiday marking the date India’s constitution came into force in 1950. No equity, derivatives or currency trading takes place on the NSE or BSE that day. Any orders queued through a broker’s platform on the holiday will not execute until the next trading session opens. This page is part of the NSE India Holidays calendar, which lists every confirmed and estimated closure for Indian markets. Because the exchange has not yet published its official 2027 calendar at the time of writing, this date is estimated based on the fixed, unmoving nature of Republic Day, which always falls on January 26 regardless of the day of the week.
Which markets are closed on Republic Day 2027?
Republic Day is an Indian national holiday, so its effect is confined to exchanges and clearing systems based in India. Markets elsewhere in the world, including the United States, the United Kingdom and continental Europe, operate on their normal schedules that day.
| Market | Status | Notes |
|---|---|---|
| NSE equities and derivatives | Closed | No cash, futures or options trading |
| BSE equities | Closed | Mirrors the NSE holiday calendar |
| Indian currency and debt markets | Closed | Clearing Corporation of India typically observes the same holiday |
| NYSE and Nasdaq | Open (regular hours) | Not an American holiday |
| London Stock Exchange (LSE) | Open (regular hours) | Not a UK holiday |
| Euronext | Open (regular hours) | Not observed in Europe |
| Tokyo Stock Exchange (TSE) | Open (regular hours) | Not observed in Japan |
Is the market open the day before and after?
The NSE trades normal hours, 9:15 am to 3:30 pm Indian Standard Time (IST), on the trading day immediately before Republic Day, with no early close scheduled. Trading resumes with regular hours on the next business day after the holiday, assuming that day is not itself a weekend or separate holiday. There is no early-close convention around Republic Day: the exchange is either fully open or fully closed, with no shortened session either side of it.
Why do markets close for Republic Day?
Republic Day commemorates January 26, 1950, the date on which the Constitution of India took effect, replacing the Government of India Act as the country’s governing document. It is one of India’s three national holidays, alongside Independence Day and Gandhi Jayanti, and it is marked by a large military and cultural parade in New Delhi attended by the President of India. Because it is a statutory national holiday, financial markets, government offices and banks across India close for the day as a matter of long-standing practice rather than an exchange-specific decision.
The NSE and BSE have observed Republic Day as a market holiday every year since their modern operations began, and the date, being fixed on the calendar rather than tied to a lunar or religious calculation, is one of the few Indian market holidays that can be projected with confidence years in advance.
What It Means for Your Money
If you hold Indian shares, mutual funds or exchange-traded funds through an international broker, any sell or buy order placed on Republic Day will simply wait in the queue until the exchange reopens; it will not be cancelled, but it also will not fill at the price you saw on the holiday itself. Settlement of trades executed on the last trading day before the holiday may be pushed back by a day under India’s standard settlement cycle, so funds or shares from a sale might arrive in your account a day later than usual. If you are tracking dividend record dates or derivatives expiry near the end of January, double-check the adjusted calendar, since a closed exchange day can shift ex-dividend and expiry dates by one session. None of this affects cryptocurrency markets, which trade continuously regardless of national holidays, nor does it affect banks or payment systems outside India, which operate on their own separate calendars. For pension funds, index trackers or global portfolios with Indian exposure, a single one-day closure rarely has a material effect on valuations, but it can briefly reduce liquidity in Indian-linked assets traded on other exchanges.
Remaining NSE India holidays in 2027
- Id-Ul-Fitr (Ramadan Eid): March 10, 2027, closed
- Holi: March 22, 2027, closed
- Good Friday: March 26, 2027, closed
- Dr. Baba Saheb Ambedkar Jayanti: April 14, 2027, closed
- Shri Ram Navami: April 15, 2027, closed
- Bakri Id: May 17, 2027, closed
- Muharram: June 16, 2027, closed
- Diwali Laxmi Pujan: October 29, 2027, closed
Frequently Asked Questions
Is the stock market open on Republic Day 2027?
No. The NSE and BSE are both closed on Tuesday, January 26, 2027 for the Republic Day holiday.
Is the bond market open on Republic Day?
Indian government debt and money markets typically follow the same holiday schedule as the equity exchanges, so trading and settlement are suspended for the day.
What time does the NSE close the day before Republic Day?
The NSE trades its usual hours, 9:15 am to 3:30 pm IST, on the session before Republic Day, with no early close.
When is the next NSE India market holiday after Republic Day?
The next scheduled closure is Id-Ul-Fitr (Ramadan Eid), expected on March 10, 2027.
Are Indian banks open on Republic Day?
No. Banks across India also close for Republic Day as it is a national public holiday.