NSE Update: Market Open Jan 15 for BMC Elections, but Settlement Holiday Declared

• NSE confirms stock market will be open on January 15, 2026, despite BMC elections in Maharashtra.
• A settlement holiday is declared for January 15, meaning T+0 settlement number 2026511 will not occur.
• Trading will proceed as usual, but the official settlement of money and shares will be affected.
• Maharashtra government declared January 15 a public holiday for local body elections in 29 municipal corporations, including Mumbai.
• NSE advises market participants to plan transactions considering the settlement holiday to avoid inconvenience.

Why It Matters: Stock market open on Jan 15 for BMC elections, but settlement holiday declared in Maharashtra.