Indian stock markets — Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) — will remain closed for trading on Thursday, January 15, 2026, owing to the municipal corporation elections in Maharashtra. This means there will be no trading in equities, derivatives, commodity derivatives or electronic gold receipts on that day.
Both exchanges issued circulars stating that due to the civic polls scheduled in Maharashtra, January 15 has been designated a full trading holiday. Previously, that date had been marked only as a settlement holiday, but the updated announcement confirms the markets will stay shut.
As a result of this closure:
- Equity and derivatives trading will not take place on January 15.
- Equity derivatives contracts originally set to expire on January 15 will be moved to January 14.
Market participants should adjust their trading plans and expiry strategies accordingly due to this holiday in the trading calendar.
Reason for the Holiday:
The holiday coincides with civic elections across several municipal corporations in Maharashtra, prompting the state government to declare January 15 a public holiday to facilitate voting.


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