BSE, NSE Shut Tomorrow for Maharashtra Municipal Elections; Trading Halted

• Indian stock markets (BSE and NSE) will be closed for trading on January 15, 2026, due to municipal corporation elections in Maharashtra.
• Both exchanges issued revised circulars confirming the trading holiday across all segments, including equity, derivatives, and commodity derivatives.
• Equity derivatives contracts expiring on January 15, 2026, will now expire a day earlier on January 14, 2026.
• The decision was revised from an earlier settlement holiday to a full trading holiday because January 15 is a public holiday in Maharashtra, affecting banking and clearing operations.
• With this update, Indian stock exchanges will observe 16 trading holidays in 2026, excluding weekends, with January 26 being the second holiday of the month.

Why It Matters: BSE and NSE will be fully shut on January 15, 2026, for Maharashtra municipal elections, impacting trading and derivatives expiry.