MCX Holiday Today: Despite a nationwide market holiday on Thursday, May 28, 2026, commodity traders will still have an opportunity to participate in the markets later in the day as the Multi Commodity Exchange (MCX) resumes trading for its evening session at 5:00 PM. While stock markets and currency derivative segments remain closed in observance of Bakri Id (Eid Al-Adha), the commodity market will operate on a split schedule to ensure traders can respond to key global price movements.
According to the official holiday calendar, MCX will remain shut during the morning session from 9:00 AM to 5:00 PM. However, normal trading activity will resume in the evening session and continue until 11:00 PM or 11:30 PM, depending on individual commodity contracts. The partial reopening is aimed at allowing domestic traders to track international developments in commodities such as crude oil, gold, and silver.
MCX Trading Hours and Holiday Schedule
In observance of Bakri Id (Eid Al-Adha), the Multi Commodity Exchange (MCX) will enforce a partial closure on Thursday, May 28, 2026.
- Morning Session (Closed): There will be no trading activity from 9:00 AM to 5:00 PM.
- Evening Session (Open): Normal trading will resume from 5:00 PM and conclude at 11:00 PM / 11:30 PM (depending on the specific commodity contracts).
This evening re-opening ensures that Indian commodity traders do not miss out on crucial price movements dictated by international markets, particularly amidst heightened global volatility. Meanwhile, the National Commodity & Derivatives Exchange (NCDEX) will remain completely closed for the entire day.
Global Triggers to Watch When MCX Opens
When MCX trading goes live at 5:00 PM, commodity traders will be reacting to significant global updates, including:
- Crude Oil Volatility: Brent crude has surged 2% to 97 dollar/bbl following geopolitical updates involving US-Israel and Iran, which will heavily impact MCX Energy contracts.
- Precious Metals: Gold and Silver prices are seeing minor corrections globally, with domestic spot gold trading around Rs 15,632/gm (24K) ahead of the session opening.
FAQ’s
1. Is MCX open or closed today on May 28, 2026?
MCX is partially open today. The exchange remains closed during the morning trading session from 9:00 AM to 5:00 PM due to the Bakri Eid holiday. However, trading will resume in the evening session starting at 5:00 PM.
2. What are the MCX trading timings today?
The Multi Commodity Exchange (MCX) will reopen at 5:00 PM and continue trading until 11:00 PM or 11:30 PM, depending on the commodity contracts being traded.
3. Why is MCX operating on a split trading schedule today?
MCX is following a partial holiday schedule in observance of Bakri Eid (Eid Al-Adha). The evening session remains active so Indian commodity traders can respond to important international price movements in commodities like crude oil, gold, and silver.
4. Is NCDEX open today?
No, the National Commodity & Derivatives Exchange (NCDEX) will remain completely closed throughout the day on May 28, 2026, due to the market holiday.
5. What global factors will impact MCX trading today?
Commodity traders are expected to monitor rising crude oil prices, geopolitical tensions involving the US, Israel, and Iran, as well as fluctuations in global gold and silver prices. Brent crude’s recent 2% surge could significantly influence MCX energy contracts during the evening session.
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