Indian stock markets will remain closed for trading on January 15 BSE And NSE revised their calendars in view of the municipal elections in Maharashtra and converted the holiday, which was previously marked as a settlement holiday, into a full-fledged trade holiday.The Bombay Stock Exchange announced that trading in equities, equity derivatives, commodity derivatives and electronic gold receipts will be suspended on the day. It also clarified that equity derivatives contracts scheduled to expire on January 15th will now mature on January 14th, reflecting the changes in the end-of-day contract master files.The National Stock Exchange has issued a similar revision and declared January 15 as a trading holiday for the capital market and futures and options segments. This replaces an earlier circular last week announcing that markets would reopen for trading despite settlement restrictions.The exchanges cited disruptions in banking and clearing operations as the reason for the change. Settlement holidays are usually announced during elections or large public events and since January 15 is a public holiday in Maharashtra, most banks are expected to remain closed, making normal settlement processes unfeasible.
Market holiday calendar for 2026
As of January 15, Indian stock exchanges will now observe 16 trading holidays in 2026, excluding weekends. January 26th is the second market holiday this month.In the first half of the year, markets will remain closed on Holi (March 3), Ram Navami (March 26), Mahavir Jayanti (March 31), Good Friday (April 3), Ambedkar Jayanti (April 14), Maharashtra Day (May 1) and Bakri Id (May 28).In the second half, trade will be suspended on Muharram (June 26), Ganesh Chaturthi (September 14), Gandhi Jayanti (October 2), Dussehra (October 20), Diwali Balipratipada (November 10) and Guru Nanak Jayanti (November 24). The last market holiday of the year is Christmas on December 25th.Independence Day on August 15 falls on a weekend and therefore will not result in another market closure.
