Both exchanges issued revised circulars confirming the trading holiday. The BSE clarified that equity derivatives contracts originally scheduled to expire on January 15, were revised to expire a day earlier, on January 14.
NSE too updated its earlier stance, designating January 15 as a full trading holiday in the capital market and F&O segment.
This marks a revision from earlier communication last week, where the day was only classified as a settlement holiday, usually implying that trading would continue while settlements pause due to banking operations.
However, with banks in Maharashtra expected to remain closed today due to the civic polls, both stock exchanges revised their position to a full holiday.
Meanwhile, commodity trading on the Multi-Commodity Exchange (MCX) will be partially operational. As per a circular issued, the exchange will remain shut for the morning session (9:00 AM to 5:00 PM) due to polling.
Trading in bullion contracts like gold and silver will commence only in the evening session, which operates from 5:00 PM to 11:55 PM. For select agricultural commodities, the session will be limited to 9:00 PM.MCX typically runs on a two-session schedule: a morning session from 9:00 AM to 5:00 PM and an evening session from 5:00 PM to 11:30 PM (extended to 11:55 PM during U.S. daylight saving time). The evening session aligns with global commodity markets, covering contracts like gold, silver, and crude oil. Today, only this evening session will be functional.
Upcoming Stock Market Holidays in 2026
With today’s closure, Indian stock exchanges will now observe 16 trading holidays in 2026, excluding weekends. The next market holiday will fall on January 26 for Republic Day.
Other key holidays in the first half include Holi (March 3), Ram Navami (March 26), Mahavir Jayanti (March 31), and Good Friday (April 3). Markets will also be shut on Ambedkar Jayanti (April 14), Maharashtra Day (May 1), and Bakri Id (May 28).
In the latter half of the year, trading will pause on Muharram (June 26), Ganesh Chaturthi (September 14), Gandhi Jayanti (October 2), Dussehra (October 20), Diwali Balipratipada (November 10), and Guru Nanak Jayanti (November 24). The year will end with a final trading holiday on Christmas (December 25).
Additionally, if the Union Budget is scheduled for February 1, which falls on a Sunday this year, exchanges may open trading for that day. An official update on this is awaited.
August 15, Independence Day, has not been listed as an official holiday in the stock market calendar as the day falls on a Saturday.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
