The Multi-Commodity Exchange (MCX) is the pulse of India’s commodity trading. Whether you trade in gold, silver, crude oil, or natural gas, knowing the precise market hours and whether the exchange is open is the first step to planning your day. This guide answers all your questions, from “Is MCX open today?” to the detailed MCX trading times.
What is the MCX Commodity Market?
The MCX is India’s leading platform for trading commodity derivatives. It allows participants to buy and sell contracts for essential goods like precious metals, energy products, base metals, and agricultural commodities. Understanding its operational schedule is crucial for every trader and investor.
MCX Trading Time: The Regular Schedule
The MCX operates in two main sessions on regular trading days.
The first session runs from 9:00 AM to 5:00 PM IST.
The second session, for specific commodities, runs from 5:00 PM to 11:55 PM IST.
It is important to note that timings can differ slightly for certain commodities. Always check the official MCX website for the most accurate and updated schedule for the specific contract you are trading.
How to Check “Is MCX Open Today?”
The most reliable method to check the market status is to visit the official MCX website. The homepage will clearly display if the market is live or closed for a holiday.
Financial news portals and your trading broker’s platform also provide real-time updates on market status. They will send notifications if the exchange is closed on an unexpected day.
How to Check “Is MCX Closed Today?”
MCX remains closed on weekends (Saturday and Sunday) and on national holidays declared by the exchange. These holidays include:
- National holidays like Republic Day, Independence Day, and Gandhi Jayanti.
- Major religious festivals such as Diwali, Holi, Eid, and Christmas.
- Annual bank closing holidays.
The MCX releases an official holiday calendar at the beginning of each year. It is a best practice for every trader to download this calendar and keep it handy.
Special Trading Sessions on Diwali
A notable exception to the standard schedule is Diwali. MCX holds a special one-hour “Muhurat Trading” session in the evening on this day, even if it is a holiday. This session is considered auspicious for initiating new trades.
Key Takeaways for Traders
- The standard MCX trading time is from 9:00 AM to 11:55 PM IST in two sessions.
- The exchange is closed on weekends and declared national holidays.
- The official MCX website is the most trusted source for confirming the “MCX today” status.
- Always refer to the annual MCX holiday calendar to plan your trading activities.
Staying informed about the market schedule helps you manage risk and capitalise on opportunities. A well-planned trader is always a step ahead.