Maharashtra Day: From stock market, banks, schools, offices to shops - what's open and what's closed on May 1

Maharashtra Day is observed on May 1 to mark the state's formation. This state holiday sees closures of several institutions. Check what's open and what's closed on May 1.

Written By Fareha Naaz
Updated1 May 2025, 06:37 AM IST
Maharashtra Day, celebrated on May 1, commemorates the formation of the Marathi-speaking state.
Maharashtra Day, celebrated on May 1, commemorates the formation of the Marathi-speaking state.(Hindustan Times)

Maharashtra Day, commonly known as Maharashtra Din, is celebrated every year on May 1 and is observed as a state holiday. The day commemorating the formation of Marathi-speaking state of Maharashtra is being celebrated on Thursday this year. The Day is celebrated with official ceremonies, including parades, and cultural events across the state.

May 1 holds immense significance all over the world as International Labour Day is celebrated on this day. It is an important day in Indian history as well as the division of the Bombay State took place on this day in 1960.

Also Read | Are banks open or closed on May 1 for Labour Day, Maharashtra Day? Check here

What's open and what's closed on May 1

Stock market

Maharashtra Day is among one of the 14 listed trading holidays for 2025. Indian stock exchanges - National Stock Exchange (NSE) and the BSE - will be observing Maharashtra Day and hence will remain closed on Thursday, May 1, 2025.

Trading operations across all segments will remain suspended for the entire day. Thus, equities, equity derivatives, currency derivatives, and securities lending and borrowing (SLB) segments will not be operating today as Maharashtra Day is a regional holiday.

Also Read | What is Maharashtra Day? Check traffic advisory in Mumbai for May 1 holiday

A modified schedule is in place for Multi Commodity Exchange (MCX) operations today while equity markets will remain closed. The evening session - 5:00 pm to 11:30 pm - will open for trading in commodities such as gold, silver, crude oil, and agricultural products while the morning session - 9:00 am to 5:00 pm- will stay shut.

Notably, regular trading across all exchanges will resume on Friday, May 2, 2025.

Also Read | All you need to track on May 1: From Labour Day, Maharashtra Day and CSK vs PBKS

Offices, schools and Banks

Government offices, schools and banks remain shut on this day as it is a state holiday in Maharashtra.

As per Reserve Bank of India (RBI) list of holidays there are several cities where banks are closed today, including Belapur, Bengaluru, Chennai, Guwahati, Hyderabad - Andhra Pradesh, Hyderabad - Telangana, Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna, Raipur and Thiruvananthapuram.

Liquor shops

This day is observed as a dry day, so as per regulations liquor shops will be closed implying that there will be a prohibition on the sale of alcohol across Maharashtra.

What is open?

Hospitals, emergency services and public transport will continue to operate as usual on May 1.

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