NSE, BSE declare trading holiday on January 15 on account of municipal election in Maharashtra

"In partial modification to Exchange circular reference no. NSE/CMTR/71775, the Exchange hereby notifies Thursday, January 15, 2026, as a trading holiday in the Capital Market (CM) Segment on account of Municipal Corporation Election in Maharashtra," the NSE said in a circular on Monday.

The NSE also declared a trading holiday for the futures and options segment.

Will the commodity market be closed on January 15?

In a separate circular, the NSE notified that while the commodity derivatives segment will be closed for the morning session on Thursday, it will be open for the evening session.

During the evening session, the commodity derivatives market will remain open from 5 pm to 11:55 pm.

"In partial modification to Exchange circular reference no. NSE/COM/71784 dated December 15, 2025, the Exchange hereby notifies that in view of Municipal Corporation Election in Maharashtra to be held on Thursday, January 15, 2026, the Exchange shall be closed for trading in the morning session," the stock exchange stated.

In a circular on Friday, the Multi-Commodity Exchange (MCX) had notified traders of a settlement holiday due to the BMC election.

It stated that there will be no settlement-related activities on Thursday, as banks will not provide clearing services on that day.

"Pay-in obligation for trade date January 14, 2026, shall remain blocked from the available Margin Limit of the Clearing Member on January 15, 2026," it said, adding that settlement for both the trade dates (Jan 14 and 15) will be conducted on Friday, January 16.

It advised members to "keep sufficient margins in the Clearing Member account for uninterrupted trading."

Stock market holidays in 2026

Including January 15, the stock market will remain closed for 16 days in 2026.

Four holidays, Mahashivratri, Id-UL-Fitr (Ramadan Eid), Independence Day and Diwali Laxmi Pujan, are falling on Saturdays and Sundays in 2025. Muhurat Trading will take place on Sunday, November 8, on the occasion of Diwali Laxmi Puja.