Stock Market Holiday 2026: Are BSE, NSE Closed Tomorrow for Maharashtra Municipal Elections?
With the upcoming Maharashtra municipal elections, the Indian stock market will take a brief pause. On January 15, 2026, both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed for trading activities. This decision has been confirmed through revised circulars issued by both exchanges.
Key Details on the Stock Market Holiday
– Total Trading Holidays: In 2026, Indian stock exchanges will observe 16 trading holidays, excluding weekends.
– Specific Dates: January 15 marks the second market holiday of the month, following the nationwide trend of pausing trading for significant public events.
Trading Closure Announcement
– Types of Segments Affected:
– Equity segment
– Equity derivatives
– Commodity derivatives
– Electronic gold receipts
– Contract Expiry Adjustments: Equity derivatives contracts originally set to expire on January 15, 2026, will now expire one day earlier, on January 14, 2026. These modifications will be reflected in the end-of-day contract master files.
– Change from Settlement Holiday: Initially, both exchanges designated January 15 as a settlement holiday. This classification typically applies during elections or significant public events when banking and clearing operations are disrupted. However, due to the public holiday in Maharashtra, most banks will close, prompting the exchanges to extend the trading holiday.
Stock Market Holidays in 2026
Looking ahead, here’s a summary of key stock market holidays for the year:
– First Half:
– Holi: March 3
– Ram Navami: March 26
– Mahavir Jayanti: March 31
– Good Friday: April 3
– Ambedkar Jayanti: April 14
– Maharashtra Day: May 1
– Bakri Id: May 28
– Second Half:
– Muharram: June 26
– Ganesh Chaturthi: September 14
– Gandhi Jayanti: October 2
– Dussehra: October 20
– Diwali Balipratipada: November 10
– Guru Nanak Jayanti: November 24
– Christmas: December 25
Additionally, there is a possibility that the market may remain open on February 1, if the government chooses to present the Union Budget on that date. An official announcement regarding this is still awaited.
In conclusion, appropriate planning is essential for traders as the stock market holiday approaches on January 15, 2026. Both BSE and NSE will be closed, and investors should prepare accordingly, keeping track of future holidays throughout the year.