Maharashtra Municipal Elections: BSE, NSE Closed Today; Commodity Trading To Start At 5 PM

Stock market holiday today: The Indian stock market is closed for trading on Thursday, January 15, 2026, due to municipal corporation elections in Maharashtra. The state government has declared a public holiday across several civic jurisdictions, including Mumbai, where both the BSE and the National Stock Exchange (NSE) are headquartered.

As a result, both exchanges have suspended trading in equity and equity derivatives for the day. Market participants should note that trading will resume on Friday, January 16.

This holiday was not part of the original 2026 trading calendar of the exchanges but was added earlier this week. In separate circulars, BSE and NSE confirmed that January 15 would be observed as a trading holiday in view of the Municipal

Corporation elections in Maharashtra.

Currency markets will also remain closed today. However, trading in the commodity derivatives segment will take place in the evening session.

Commodity markets

The Multi Commodity Exchange of India (MCX) has announced that trading will remain closed during the morning session. Commodity futures, including gold and silver, will resume trading from 5 PM.

“In view of Maharashtra Municipal Corporation Election to be held on January 15, 2026, the Exchange shall be closed for trading in the Morning session from 09:00 am to 05:00 pm. The Evening trading session will be open for trading from 5:00 pm to 11:55 pm (till 09:00 pm for selected Agri Commodities),” MCX said in a circular issued on Monday.

Stock market holidays in 2026

As per the stock market holiday calendar, Indian exchanges will observe 16 trading holidays in 2026. After today’s closure, the next market holiday will be on January 26 for Republic Day.

March will see three trading holidays, followed by two each in April and May. June and September will have one holiday each, while October and November will record two holidays each. December will have one trading holiday. In addition, four stock market holidays in 2026 fall on weekends.