Indian stock markets will remain closed for trading today i.e. on January 15. In view of the municipal elections in Maharashtra, BSE and NSE have amended their calendars, due to which the settlement holiday earlier marked has now become a full trading holiday. Bombay Stock Exchange has said that trading in equity, equity derivatives, commodity derivatives and electronic gold receipts will remain suspended today. The exchange also clarified that equity derivative contracts expiring on January 15 will now expire on January 14 only. That is, the equity derivative contracts expired yesterday. National Stock Exchange has also issued a similar amendment and declared January 15 as a trading holiday for the Capital Market and Futures Options segment. This replaces the circular issued last week in which it was said that the market would remain open despite settlement restrictions.
Disruption in banking and clearing operations also became the reason
Exchanges have cited disruption in banking and clearing operations as the reason for this change. Settlement holidays are usually declared during elections or large public events, and since January 15 is a public holiday in Maharashtra, most banks will remain closed, making the normal settlement process not possible.
calendar of market holidays in 2026
After the inclusion of January 15, the Indian Stock Exchanges will now observe 16 trading holidays except weekends in 2026. January 26 will be the second market holiday of this month. In the first half of the year, markets will remain closed on Holi (3 March), Ram Navami (26 March), Mahavir Jayanti (31 March), Good Friday (3 April), Ambedkar Jayanti (14 April), Maharashtra Day (1 May) and Bakri Eid (28 May). During the second half, Muharram (26 June), Ganesh Chaturthi (14 September), Gandhi Jayanti (2 October), Dussehra (20 October), Diwali Balipratipada Business will remain suspended on (10 November) and Guru Nanak Jayanti (24 November). The last market holiday of the year will be on Christmas Eve, 25 December. Independence Day on August 15 falls on a weekend, so there will be no additional market closures.
