The National Stock Exchange and Bombay Stock Exchange will not operate on January 15, 2026. Both major Indian stock exchanges announced this trading holiday due to the Maharashtra civic body elections happening that day.
Exchange Clarifications End Investor Confusion
Earlier indications suggested trading might continue on January 15. This created uncertainty among investors and market participants. The NSE has now issued a clear notification confirming the holiday.
The exchange officially declared Thursday, January 15, 2026 as a trading holiday for the capital market segment. This closure specifically relates to the Municipal Corporation elections across Maharashtra.
The Bombay Stock Exchange followed with a similar announcement. BSE will close both equity and derivatives segments on election day.
Complete 2026 Market Holiday Calendar Released
Along with the January election holiday announcement, exchanges have published the full year's market closure schedule. Investors should mark these dates on their calendars.
January 2026 Holidays
- January 15 - Municipal Corporation Elections in Maharashtra
- January 26 - Republic Day
March 2026 Holidays
- March 26 - Shri Ram Navami
- March 31 - Shri Mahavir Jayanti
April 2026 Holidays
- April 3 - Good Friday
- April 14 - Dr. B.R. Ambedkar Jayanti
May 2026 Holidays
- May 1 - Maharashtra Day
- May 28 - Bakr Eid
June 2026 Holiday
- June 26 - Muharram
September 2026 Holiday
- September 14 - Ganesh Chaturthi
October 2026 Holidays
- October 2 - Mahatma Gandhi Jayanti
- October 20 - Dussehra
November 2026 Holidays
- November 8 - Diwali Laxmi Pujan (Muhurat Trading will occur with special timings)
- November 10 - Diwali Balipratipada
- November 24 - Prakash Gurpurab of Sri Guru Nanak Dev
December 2026 Holiday
- December 25 - Christmas
Important note about Diwali trading: While November 8, 2026 is officially a trading holiday for Diwali Laxmi Puja, special Muhurat trading sessions will be conducted. The exchanges will announce specific timings for these sessions closer to the date.
Significance of Maharashtra Civic Elections
The January 15 elections involve 29 civic bodies across Maharashtra. This includes the crucial Brihanmumbai Municipal Corporation election. Results will be announced on January 16, 2026.
Voters will decide 2,869 seats across 893 wards. A total of 15,931 candidates are competing in these local elections.
These elections mark the first BMC polls following the Shiv Sena and Nationalist Congress Party split. The political landscape features an interesting alliance between Raj Thackeray's Maharashtra Navnirman Sena and Uddhav Thackeray's Shiv Sena (UBT).
Market participants should adjust their trading strategies around these holiday dates. Investors are advised to monitor exchange notifications for any schedule updates or changes.
