Amid the continued decline in the stock market, there is at least one good thing for investors. The stock market will remain closed for two days this week; As a result, investors will not face heavy selling for at least two days (assuming the current trend continues). Today, Tuesday, BSE and NSE are closed on the occasion of Shri Mahavir Jayanti. A huge fall had already been seen in the stock market on Monday. With no respite from the war-like situation in the Middle East and a sharp rise in crude oil prices, both global and domestic markets have come under immense pressure.
When will the stock market be closed?
Markets will remain closed on Tuesday—March 31—on account of Shri Mahavir Jayanti; As a result, the derivatives expired on Monday itself. Additionally, there will be another holiday for trading this week on Friday, April 3, as BSE and NSE will remain closed for Good Friday. Overall, the stock market will be open for trading only three days this week.
This information is especially important for investors, as they must strategize their market positions with these two holidays in mind. Furthermore, the April Derivatives Series is scheduled to commence from April 1st. Given the constant flow of global news during this time, traders must identify the right time to react and adjust their strategies accordingly.
S. No. Date Day Holiday 1 31-Mar-2026 Tuesday Shri Mahavir Jayanti 2 03-Apr-2026 Friday Good Friday 3 14-Apr-2026 Tuesday Dr. Baba Saheb Ambedkar Jayanti 4 01-May-2026 Friday Maharashtra Day 5 28-May-2026 Thursday Bakrid 6 26-Jun-2026 Friday Muharram 7 14-Sep-2026 Monday Ganesh Chaturthi 8 02-Oct-2026 Friday Mahatma Gandhi Jayanti 9 20-Oct-2026 Tuesday Dussehra 10 10-Nov-2026 Tuesday Diwali-Balipratipada 11 24-Nov-2026 Tuesday Prakash Guruparv Shri Guru Nanak Dev 12 25-Dec-2026 Friday Christmas
What happened in the market on Monday?
For starters, tensions remain between Iran and the US, and President Trump continues to make threats. Additionally, crude oil prices continue to skyrocket; Under these circumstances, market sentiment shows no signs of improvement. This bearish sentiment was clearly reflected in the market performance on Monday. During intraday trading, the Sensex fell by more than 1,500 points and reached near the 72,000 level. Similarly, Nifty fell by about 450 points and closed around 22,360 levels.
S. No. Date Day Holiday 1 15-Feb-2026 Sunday Mahashivratri 2 21-Mar-2026 Saturday Eid-ul-Fitr (Ramadan Eid) 3 15-Aug-2026 Saturday Independence Day 4 08-November-2026 Sunday Diwali Lakshmi Puja*
Bank Nifty emerged as the weakest index due to huge fall in banking stocks. The index fell by 1,800 points and closed around 50,468 levels. In fact, RBI has capped banks’ onshore FX net open positions at $100 million per day. Due to this, there was a decline in banking stocks. Both midcap and smallcap indices fell up to 2%.
How did the market perform during the March series?
Incidentally, if we look at the last month, both Nifty and Sensex have fallen by 10%.
Bank Nifty: March series down 17.29%
Nifty Metal: March series down 7.41%
Nifty FMCG: March series down 12.60%
Nifty Auto: March series down 14.50%
Nifty IT: March series down 3.50%
