NSE Announces Settlement Holiday on Jan 15 for Maharashtra Civic Polls

• National Stock Exchange (NSE) will remain open on January 15, 2026, but will observe a settlement holiday.
• The settlement holiday is due to municipal elections in Maharashtra, affecting T+0 settlement number 2026511.
• Maharashtra government declared January 15 a public holiday under the Negotiable Instruments Act for local body elections.
• Elections are scheduled for 29 municipal corporations, including Mumbai City and Mumbai Suburban districts (BMC).
• Trading will continue normally, but market participants should plan transactions considering the settlement impact.

Why It Matters: NSE declares Jan 15 a settlement holiday for Maharashtra civic polls, trading continues.