Indian stock markets will remain closed on Thursday, January 15, 2026, as both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have declared a trading holiday. This decision comes in light of the municipal corporation elections taking place in Maharashtra.

The exchanges initially announced a settlement holiday but later revised their schedules to a full trading holiday. This means that trading activity will be suspended across various segments, including the equity segment, equity derivatives, commodity derivatives, and electronic gold receipts. The NSE also amended its earlier circular, declaring January 15 a trading holiday for the capital market and Futures & Options (F&O) segments.

The revision to a full trading holiday was prompted by the expectation that most banks in Maharashtra will remain closed on January 15, which is a public holiday in the state. This closure would disrupt banking and clearing operations, making it difficult to conduct trading activities.

For traders dealing in equity derivatives, contracts set to expire on January 15 have been moved to January 14.

With the addition of January 15, the Indian stock exchanges will observe a total of 16 trading holidays in 2026, excluding weekends. The next market holiday in January will be on the 26th.