Stock exchanges to remain closed on January 15 for Maharashtra Municipal Elections

Indian stock exchanges NSE and BSE will remain closed on January 15, 2026, due to Municipal Corporation elections in Maharashtra, according to circulars issued by both exchanges on Monday.

The National Stock Exchange and Bombay Stock Exchange announced that the equity, equity derivatives, and electronic gold receipts segments will be shut for the entire day on Thursday. However, both exchanges will offer limited trading in commodity derivatives during evening hours.

NSE stated in its circular that commodity derivatives trading will be available from 5.00 pm to 11.55 pm on January 15, while the morning session will remain closed. BSE issued a similar notice, confirming that its commodity derivatives segment will operate during the same evening window of 5.00 pm to 11.55 pm.

The exchanges also announced specific arrangements for contracts expiring on the holiday. Equity derivatives contracts scheduled to expire on January 15 will be preponed to January 14, according to BSE’s notice. These changes have been incorporated into the end-of-day contract master files.

BSE’s notice further clarified that electronic gold receipts will be available for a shorter evening window from 5.00 pm to 9.30 pm on the election day.

The trading holiday comes as Maharashtra conducts Municipal Corporation elections across the state. NSE’s circular, issued in partial modification to an earlier December 15 notice, specifically cited the elections as the reason for the closure.



Trading members have been requested by both exchanges to take note of these arrangements and plan their trading activities accordingly for the week.

Source

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