2026 India stock market events calendar
📅 2026 India Market Events Calendar
RBI MPC · US Fed (FOMC) · MSCI · F&O Expiry · NSE/BSE Rejig · FTSE
by FinViraj Research — Sources: RBI · Fed · MSCI · NSE · FTSE Russell
High Impact
Medium Impact
Overlap Day ⚠
🗓 JANUARY 2026
| Date | Day | Event Type | Description | Impact |
|---|---|---|---|---|
| Jan 27 | Tue | US Fed (FOMC) | US Fed rate decision — held at 3.50–3.75%. India market gaps on next open ⚠ Overlap | 🔴 High |
| Jan 27 | Tue | F&O Expiry | Nifty/BankNifty monthly expiry — last 30 min extreme volatility ⚠ Overlap | 🔴 High |
Jan 27TueUS Fed (FOMC)⚠ Overlap
US Fed rate decision — held at 3.50–3.75%. India market gaps on next open
🔴 High
Jan 27TueF&O Expiry⚠ Overlap
Nifty/BankNifty monthly expiry — last 30 min extreme volatility
🔴 High
🗓 FEBRUARY 2026
| Date | Day | Event Type | Description | Impact |
|---|---|---|---|---|
| Feb 6 | Fri | RBI MPC | RBI rate decision — repo held at 5.25%. BankNifty reacts strongly within minutes of 10 AM announcement | 🔴 High |
| Feb 10 | Tue | MSCI Review | MSCI Feb review announced — passive funds prepare for Mar 2 effective flows | 🟡 Medium |
| Feb 24 | Tue | F&O Expiry | Monthly expiry — last 30 min position unwinding | 🔴 High |
Feb 6FriRBI MPC
RBI rate decision — repo held at 5.25%. BankNifty reacts strongly within minutes of 10 AM announcement
🔴 High
Feb 10TueMSCI Review
MSCI Feb review announced — passive funds prepare for Mar 2 effective flows
🟡 Medium
Feb 24TueF&O Expiry
Monthly expiry — last 30 min position unwinding
🔴 High
🗓 MARCH 2026
| Date | Day | Event Type | Description | Impact |
|---|---|---|---|---|
| Mar 2 | Mon | MSCI Effective | MSCI Feb review EFFECTIVE — passive inflows/outflows settle. Watch last 30 min | 🔴 High |
| Mar 17 | Tue | US Fed (FOMC) | US Fed rate decision — held at 3.50–3.75%. SEP dot plot included | 🔴 High |
| Mar 28 | Sat | NSE/BSE Rejig | Nifty 50 + Nifty family semi-annual rejig effective — stocks enter/exit index | 🔴 High |
| Mar 31 | Tue | F&O Expiry | Monthly + quarterly expiry OVERLAP (shifted from holiday) — double impact on last 30 min ⚠ Overlap | 🔴 High |
Mar 2MonMSCI Effective
MSCI Feb review EFFECTIVE — passive inflows/outflows settle. Watch last 30 min
🔴 High
Mar 17TueUS Fed (FOMC)
US Fed rate decision — held at 3.50–3.75%. SEP dot plot included
🔴 High
Mar 28SatNSE/BSE Rejig
Nifty 50 + Nifty family semi-annual rejig effective — stocks enter/exit index
🔴 High
Mar 31TueF&O Expiry⚠ Overlap
Monthly + quarterly expiry OVERLAP (shifted from holiday) — double impact on last 30 min
🔴 High
🗓 APRIL 2026
| Date | Day | Event Type | Description | Impact |
|---|---|---|---|---|
| Apr 8 | Wed | RBI MPC | RBI FY27 first rate decision. Repo at 5.25% held | 🔴 High |
| Apr 29 | Wed | US Fed (FOMC) | US Fed rate decision — held. Powell final press conference as Fed Chair ⚠ Overlap | 🔴 High |
| Apr 29 | Wed | F&O Expiry | Monthly expiry — same day as FOMC, double global + local trigger ⚠ Overlap | 🔴 High |
Apr 8WedRBI MPC
RBI FY27 first rate decision. Repo at 5.25% held
🔴 High
Apr 29WedUS Fed (FOMC)⚠ Overlap
US Fed rate decision — held. Powell final press conference as Fed Chair
🔴 High
Apr 29WedF&O Expiry⚠ Overlap
Monthly expiry — same day as FOMC, double global + local trigger
🔴 High
🗓 MAY 2026
| Date | Day | Event Type | Description | Impact |
|---|---|---|---|---|
| May 12 | Tue | MSCI Announced | MSCI May semi-annual review ANNOUNCED (effective Jun 1) — stocks start moving on announcement day | 🟡 Medium |
| May 27 | Tue | F&O Expiry | Monthly expiry | 🔴 High |
| May 29 | Thu | MSCI Effective | ⚠ MSCI May semi-annual EFFECTIVE — $800M+ outflows. Sensex -1092 pts. Last 30 min violent sell-off | 🔴 High |
May 12TueMSCI Announced
MSCI May semi-annual review ANNOUNCED (effective Jun 1) — stocks start moving on announcement day
🟡 Medium
May 27TueF&O Expiry
Monthly expiry
🔴 High
May 29ThuMSCI Effective
⚠ MSCI May semi-annual EFFECTIVE — $800M+ outflows. Sensex -1092 pts. Last 30 min violent sell-off
🔴 High
🗓 JUNE 2026
| Date | Day | Event Type | Description | Impact |
|---|---|---|---|---|
| Jun 1 | Mon | MSCI Effective | MSCI May review passive flows officially settle — watch open and last 30 min | 🔴 High |
| Jun 5 | Fri | RBI MPC | RBI rate decision — announced at 10 AM (meeting Jun 3–5) | 🔴 High |
| Jun 17 | Wed | US Fed (FOMC) | US Fed decision — SEP dot plot + projections included. Highest-impact FOMC of H1 | 🔴 High |
| Jun 26 | Fri | FTSE Russell | FTSE Russell US reconstitution final — India FII sentiment affected next session | 🟡 Medium |
| Jun 30 | Tue | F&O Expiry | Monthly + quarterly expiry OVERLAP — very high volatility in last 30 min ⚠ Overlap | 🔴 High |
Jun 1MonMSCI Effective
MSCI May review passive flows officially settle — watch open and last 30 min
🔴 High
Jun 5FriRBI MPC
RBI rate decision — announced at 10 AM (meeting Jun 3–5)
🔴 High
Jun 17WedUS Fed (FOMC)
US Fed decision — SEP dot plot + projections included. Highest-impact FOMC of H1
🔴 High
Jun 26FriFTSE Russell
FTSE Russell US reconstitution final — India FII sentiment affected next session
🟡 Medium
Jun 30TueF&O Expiry⚠ Overlap
Monthly + quarterly expiry OVERLAP — very high volatility in last 30 min
🔴 High
🗓 JULY 2026
| Date | Day | Event Type | Description | Impact |
|---|---|---|---|---|
| Jul 28 | Tue | US Fed (FOMC) | US Fed rate decision ⚠ Overlap | 🔴 High |
| Jul 28 | Tue | F&O Expiry | Monthly expiry — same day as FOMC ⚠ Overlap | 🔴 High |
Jul 28TueUS Fed (FOMC)⚠ Overlap
US Fed rate decision
🔴 High
Jul 28TueF&O Expiry⚠ Overlap
Monthly expiry — same day as FOMC
🔴 High
🗓 AUGUST 2026
| Date | Day | Event Type | Description | Impact |
|---|---|---|---|---|
| Aug (TBA) | TBA | RBI MPC | RBI rate decision — exact date TBA (typically first week of August) | 🔴 High |
| Aug 12 | Wed | MSCI Announced | MSCI Aug review ANNOUNCED (effective Sep 1) — watch inclusion/exclusion candidates | 🟡 Medium |
| Aug 25 | Tue | F&O Expiry | Monthly expiry | 🔴 High |
Aug (TBA)RBI MPC
RBI rate decision — exact date TBA (typically first week of August)
🔴 High
Aug 12WedMSCI Announced
MSCI Aug review ANNOUNCED (effective Sep 1) — watch inclusion/exclusion candidates
🟡 Medium
Aug 25TueF&O Expiry
Monthly expiry
🔴 High
🗓 SEPTEMBER 2026
| Date | Day | Event Type | Description | Impact |
|---|---|---|---|---|
| Sep 1 | Tue | MSCI Effective | MSCI Aug review EFFECTIVE — passive flows. Watch last 30 min | 🔴 High |
| Sep 15 | Tue | US Fed (FOMC) | US Fed decision — SEP dot plot included. Key for H2 rate path | 🔴 High |
| Sep 29 | Tue | NSE/BSE Rejig | Nifty 50 semi-annual rejig EFFECTIVE — passive index flows ⚠ Overlap | 🔴 High |
| Sep 29 | Tue | F&O Expiry | Monthly expiry SAME DAY as NSE rejig — highest-impact day of H2. Watch last 30 min closely ⚠ Overlap | 🔴 High |
Sep 1TueMSCI Effective
MSCI Aug review EFFECTIVE — passive flows. Watch last 30 min
🔴 High
Sep 15TueUS Fed (FOMC)
US Fed decision — SEP dot plot included. Key for H2 rate path
🔴 High
Sep 29TueNSE/BSE Rejig⚠ Overlap
Nifty 50 semi-annual rejig EFFECTIVE — passive index flows
🔴 High
Sep 29TueF&O Expiry⚠ Overlap
Monthly expiry SAME DAY as NSE rejig — highest-impact day of H2. Watch last 30 min closely
🔴 High
🗓 OCTOBER 2026
| Date | Day | Event Type | Description | Impact |
|---|---|---|---|---|
| Oct (TBA) | TBA | RBI MPC | RBI rate decision — exact date TBA (typically first week of October) | 🔴 High |
| Oct 27 | Tue | US Fed (FOMC) | US Fed rate decision ⚠ Overlap | 🔴 High |
| Oct 27 | Tue | F&O Expiry | Monthly expiry — same day as FOMC ⚠ Overlap | 🔴 High |
Oct (TBA)RBI MPC
RBI rate decision — exact date TBA (typically first week of October)
🔴 High
Oct 27TueUS Fed (FOMC)⚠ Overlap
US Fed rate decision
🔴 High
Oct 27TueF&O Expiry⚠ Overlap
Monthly expiry — same day as FOMC
🔴 High
🗓 NOVEMBER 2026
| Date | Day | Event Type | Description | Impact |
|---|---|---|---|---|
| Nov 11 | Wed | MSCI Announced | MSCI Nov semi-annual review ANNOUNCED (effective Dec 1) — highest passive flow event | 🟡 Medium |
| Nov 24 | Tue | F&O Expiry | Monthly expiry | 🔴 High |
Nov 11WedMSCI Announced
MSCI Nov semi-annual review ANNOUNCED (effective Dec 1) — highest passive flow event
🟡 Medium
Nov 24TueF&O Expiry
Monthly expiry
🔴 High
🗓 DECEMBER 2026
| Date | Day | Event Type | Description | Impact |
|---|---|---|---|---|
| Dec 1 | Tue | MSCI Effective | MSCI Nov semi-annual EFFECTIVE — biggest passive flow event of year. Last 30 min watch closely | 🔴 High |
| Dec (TBA) | TBA | RBI MPC | RBI rate decision — exact date TBA by RBI | 🔴 High |
| Dec 8 | Tue | US Fed (FOMC) | US Fed decision — SEP dot plot + projections. Year-end guidance critical for FII flows | 🔴 High |
| Dec 29 | Tue | F&O Expiry | Monthly expiry — year-end, low liquidity amplifies moves | 🔴 High |
Dec 1TueMSCI Effective
MSCI Nov semi-annual EFFECTIVE — biggest passive flow event of year. Last 30 min watch closely
🔴 High
Dec (TBA)RBI MPC
RBI rate decision — exact date TBA by RBI
🔴 High
Dec 8TueUS Fed (FOMC)
US Fed decision — SEP dot plot + projections. Year-end guidance critical for FII flows
🔴 High
Dec 29TueF&O Expiry
Monthly expiry — year-end, low liquidity amplifies moves
🔴 High
⚠ High Impact Overlap Days — Multiple Events Same Day
| Date | Day | Events Overlapping | Why It Matters | Priority |
|---|---|---|---|---|
| Mar 31 | Tue | F&O Monthly + Quarterly Expiry | Monthly + quarterly OI unwinding together. 2x normal volume in last 30 min | ⭐⭐⭐⭐⭐ |
| Apr 29 | Wed | US Fed FOMC + F&O Expiry | Global rate decision + local expiry. FIIs unwind overnight, expiry amplifies next session | ⭐⭐⭐⭐⭐ |
| May 29 | Thu | MSCI Semi-Annual Effective | $800M+ passive outflows settled. Sensex -1092 on this exact day. Verified! | ⭐⭐⭐⭐⭐ |
| Jun 30 | Tue | F&O Monthly + Quarterly Expiry | Month-end + quarter-end + expiry. Triple pressure on last 30 min | ⭐⭐⭐⭐⭐ |
| Jul 28 | Tue | US Fed FOMC + F&O Expiry | FOMC same day as expiry. Watch carefully | ⭐⭐⭐⭐ |
| Sep 29 | Tue | NSE Semi-Annual Rejig + F&O Expiry | NSE index change + monthly expiry on same day. Biggest H2 overlap | ⭐⭐⭐⭐⭐ |
| Oct 27 | Tue | US Fed FOMC + F&O Expiry | FOMC + expiry overlap again | ⭐⭐⭐⭐ |
| Dec 1 | Tue | MSCI Nov Semi-Annual Effective | Biggest MSCI event of year. Semi-annual comprehensive review passive flows | ⭐⭐⭐⭐⭐ |
| Dec 8 | Tue | US Fed FOMC (dot plot) + MSCI flows settling | Year-end Fed guidance + MSCI aftermath. Critical for FII positioning | ⭐⭐⭐⭐⭐ |
Compiled by FinViraj Research |
Sources: RBI · Federal Reserve · MSCI · NSE India · FTSE Russell |
Last updated: June 2026