MCX and NCDEX have clarified their trading arrangements for January 1, 2026, with both commodity exchanges operating modified schedules on New Year's Day. The Multi Commodity Exchange of India will remain open for trading during the morning session from 9:00 AM to 5:00 PM while closing the evening session. Similarly, the National Commodity & Derivatives Exchange will follow the same pattern, operating morning sessions while observing a holiday during evening hours.

New Year Trading Arrangements

Both exchanges have implemented special provisions for the first trading day of 2026:

Complete 2026 Holiday Schedule

The exchanges have released their comprehensive trading holiday calendar featuring 16 major holidays throughout 2026:

Weekend Holidays and Special Sessions

Additional holidays falling on weekends include Mahashivratri (February 15), Id-Ul-Fitr (March 21), Independence Day (August 15), and Diwali Laxmi Pujan (November 8). Both exchanges will conduct special Muhurat Trading sessions on November 8, 2026, with specific timings to be announced later.

Global Market Context

Most major international markets including China, Hong Kong, Japan, Singapore, France, Germany, UAE, UK, and US will remain completely closed on January 1, 2026. Chinese and Japanese markets will observe extended New Year holidays continuing through January 2, highlighting the coordinated approach of Indian commodity exchanges in maintaining partial operations during the global holiday period.

Multi Commodity Exchange of India Ltd. (MCX) has witnessed significant market activity with a substantial block trade transaction while simultaneously announcing its first-ever stock split. The NSE block trade involved approximately 31,849 shares at ₹10,914.00 per share, totaling ₹34.76 crores, demonstrating strong institutional interest in the commodity exchange.

Block Trade Transaction Details

The recent block trade highlights institutional confidence in MCX's market position:

This substantial transaction occurs as MCX trades near its peak levels, reflecting continued investor appetite for the leading commodity derivatives exchange.

Historic Stock Split Announcement

MCX has announced its first-ever stock split, marking a significant milestone for India's leading commodity derivatives exchange. The board-approved corporate action will subdivide each existing share in a 1:5 ratio, with the record date set for January 2, 2026.

Each MCX share with a face value of ₹10.00 will be converted into five shares with ₹2.00 face value. This corporate action is designed to enhance stock affordability and make the shares more accessible to retail investors, potentially improving liquidity in the stock.

Strong Market Performance

MCX shares have demonstrated robust performance across multiple timeframes:

The stock closed at ₹11,050.00 on December 26, positioning near its 52-week high and reflecting strong investor confidence in the exchange's business prospects.

Eligibility and Business Overview

To qualify for the stock split, investors must hold MCX shares as of the record date. Given India's T+1 settlement cycle, shareholders need to purchase the stock at least one trading day before January 2, 2026, to be eligible for the additional shares.

Multi Commodity Exchange operates as India's leading listed commodity derivatives exchange, providing an online trading platform for futures and options across bullion, energy, metals, and agricultural products. The combination of substantial block trade activity and the upcoming stock split underscores MCX's strong market position and commitment to broadening its investor base.