Categories: Business News

BMC Election 2026, Stock Market Holiday: BSE and NSE Announce Holiday On January 15; Check Full List

The Indian stock market (NSE & BSE) will remain closed on January 15, 2026, due to Maharashtra civic body elections, including the high-stakes Brihanmumbai Municipal Corporation polls.

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Published by Aishwarya Samant
Published: January 14, 2026 12:41:33 IST

Stock Market Holiday on January 15, 2026: NSE & BSE Closed

The Indian stock market will be closed on Thursday, January 15, 2026, due to the local body elections in Maharashtra. The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) have both clarified that there will be a trading holiday, eliminating any previous misunderstandings.

Initially, the exchanges issued mixed signals, which left investors uncertain about whether trading would continue. However, the NSE has now clearly stated that all key market segments will remain closed for the day. The BSE has also announced a complete shutdown across equity and derivatives segments.

With no trading activity scheduled, investors are advised to plan their strategies accordingly and factor the holiday into settlement timelines and overall market planning.

NSE Clarifies Trading Holiday After Initial Confusion

Earlier, the NSE had indicated that trading would continue on January 15, which led to confusion among investors and market participants. The exchange has now issued a clarification, confirming the closure.

In a notification, the NSE stated:

“Thursday, January 15, 2026, shall be a trading holiday for the debt segment on account of Municipal Corporation Elections in Maharashtra.”

BSE Likewise Announces Total Market Shutdown

The Bombay Stock Exchange (BSE) has likewise declared a day off on January 15, which will apply to both the equity and derivatives markets.

NSE & BSE Trading Holiday Calendar 2026

January

  • January 15 – Municipal Corporation Elections (Maharashtra)

  • January 26 – Republic Day

February

  • No trading holidays (except weekends)

March

  • March 26 – Shri Ram Navami

  • March 31 – Shri Mahavir Jayanti

April

  • April 3 – Good Friday

  • April 14 – Dr. B.R. Ambedkar Jayanti

May

June

  • June 26 – Muharram

July & August

  • No trading holidays (except weekends)

September

  • September 14 – Ganesh Chaturthi

October

  • October 2 – Mahatma Gandhi Jayanti

  • October 20 – Dussehra

November

  • November 8 – Diwali Laxmi Pujan (Trading Holiday; Muhurat Trading to be held)

  • November 10 – Diwali Balipratipada

  • November 24 – Prakash Gurpurab of Sri Guru Nanak Dev

December

  • December 25 – Christmas

Note: Muhurat trading on November 8, 2026, will be conducted during special hours, which will be announced later by the exchanges.

Maharashtra Civic Body Elections 2026: A High-Stakes Political Showdown

The Maharashtra civic body elections have been scheduled for January 15, 2026, with results to be announced the following day. The political contest is enormous: 29 civic bodies, including the highly competitive Brihanmumbai Municipal Corporation (BMC), 2,869 seats across 893 wards, and nearly 16,000 candidates vying for power.

The real attraction of this election lies in its political backdrop. The BMC polls will serve as a litmus test for Maharashtra’s new political landscape, reshaped by dramatic splits in the Shiv Sena and NCP. Adding to the intrigue, erstwhile rivals Raj Thackeray’s MNS and Uddhav Thackeray’s Shiv Sena (UBT) are joining forces for the first time, making this municipal election less about potholes and more about power.

(With Inputs)

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