However, the Indian stock markets, including the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), will remain open on both June 6 as Bakrid is not listed as a trading holiday.
Bakrid Significance
The festival, commemorating Prophet Ibrahim’s unwavering faith and willingness to sacrifice his son in obedience to God, is one of the most significant events in the Islamic calendar.
Check the upcoming stock market holidays in 2025
Here is the full list of upcoming stock market holidays in 2025: Independence Day (August 15), Ganesh Chaturthi (August 27), Mahatma Gandhi Jayanti/Dussehra (October 02), Diwali (October 21), Diwali Balipratipada, (October 22) Gurpurb (November 05), and Christmas (December 25).
On Diwali, a special Muhurat Session will be conducted, the date and timings of which will be announced closer to the occasion.
What to look forward to next week?
Indian markets witnessed volatility on the weekly expiry day but managed to close in the green. With all eyes now on the outcome of the upcoming MPC meeting, analysts said the continued outperformance of rate-sensitive sectors such as banking, realty, and auto appears to be factoring in a 25 bps rate cut.However, the RBI’s commentary will be crucial, given the mixed global cues amid a favorable domestic environment.Technically, the Nifty has reclaimed its short-term moving average (20-DEMA), and its ability to sustain above this level will be critical for any further rebound.
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