Budget 2026: The Metropolitan Stock Exchange of India (MSEI) will also remain open on Budget 2026 day. The Metropolitan Stock Exchange said in a statement that it will be open for live trading on Sunday, February 1 due to the Union Budget 2026. The exchange said in a circular issued on January 19 that trading will be conducted as per normal market timings on Budget day.
According to MSEI, the pre-open session on that day will be from 9:00 am to 9:08 am, while regular trading will be from 9:15 am to 3:30 pm. This timing is similar to its big rival exchanges.
Earlier, BSE and NSE have also made it clear that they will be open for trading in view of the Budget on February 1. In this way, trading will take place on all three major exchanges of the country on the budget day.
Trading on MSEI will start from January 27
MSEI is being considered as a possible rival of BSE and NSE. According to a report by CNBC-Awaaz, live trading is going to start on MSEI from January 27. Initially, trading facility will be available in 130 shares on the exchange.
The responsibility for clearing and settlement at MSEI will rest with its subsidiary ‘Metropolitan Clearing Corporation of India (MCCIL). However, the biggest challenge facing the new stock exchange is believed to be liquidity. Keeping this in mind, MSEI has prepared a liquidity enhancement scheme, under which market makers will be appointed for about 130 shares so that adequate liquidity is maintained in the business.
MSEI has also accelerated its steps on the capital raising front in recent years. The exchange raised a total of ₹1,240 crore in two tranches in December 2024 and August 2025. Big broking platforms like Groww and Zerodha have also invested in this exchange. Despite this, market experts believe that it will not be easy for MSEI to break the dominance of NSE-BSE.
According to data, NSE’s share in the cash segment is around 90–92%, while that of BSE is around 8–10%. NSE’s share in stock futures and options (F&O) is about 95% and BSE’s share is about 5%. Even in the index F&O segment, NSE leads with about 80% share, while BSE has about 20% of the market.
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