This week is going to be very important for those investing in the stock market. If you also wait for the market to open every day and make your trading strategy, then there is a big update for you. In fact, the confusion that was prevailing for the last few days regarding the holiday of Bakrid (Eid-ul-Azha) has now completely ended. The Department of Personnel and Training (DoPT) of the Central Government has clarified the situation by issuing an official notification. Under this, 28 May 2026 has now been declared a gazetted holiday.
There will be a break on trading in the stock market
After the announcement of the new date, it has become clear that on the special occasion of Bakrid, there will be no business of any kind in the Indian stock market on 28 May 2026. On this day, both the major exchanges NSE and BSE will remain completely closed. This simply means that no trading can be done in equity, derivatives or any other segment. Investors will have to make their buying or selling plans keeping this holiday in mind.
Lots of holidays in the month of May
From the market perspective, the month of May has proved to be a holiday month for investors. This month had started with the holiday of 1st May, when the market was completely closed. After this, the weekly holidays of Saturday and Sunday also reduced the number of trading days. If we look at the data, 3, 10, 17, 24 and 31 May fell on Sunday. At the same time, there was no functioning of the market on 2, 9, 16, 23 and 30 May due to Saturday. If we include all these weekly holidays and gazetted holidays, there were a total of 11 days in the entire month of May when there was no trading activity in the stock market.
Will keep an eye on the movement of foreign markets
Due to this Bakrid holiday, investors are going to get another long break. After the market remains closed on 28th May, there will be a weekly holiday on Saturday, 30th May and Sunday on 31st May. These days there will be complete calm in the domestic market. However, when the stock market in India will remain closed, trading will be going on normally in the major markets of America, Europe and Asian countries. In such a situation, when the Indian market opens in its next trading session, the direct impact of the trends of international markets, fluctuations in crude oil prices, dollar status and other global economic data will be seen.
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