Stock market holiday: BSE, NSE to remain shut on January 15; here’s what happens to F&O expiry

Indian stock markets will remain closed on January 15 after exchanges revised their schedules in view of municipal corporation elections in Maharashtra. Both BSE and NSE have now declared a full trading holiday for the day, replacing an earlier notification that had marked it only as a settlement holiday, ET reported.According to BSE, trading across the equity segment, equity derivatives, commodity derivatives and electronic gold receipts will not take place on January 15. The exchange also said that equity derivatives contracts originally scheduled to expire on that date will now expire a day earlier, on January 14, with the changes incorporated in the end-of-day contract master files.NSE, too, has amended its earlier circular, declaring January 15 a trading holiday for the capital market and F&O segments.

The revision comes after last week’s announcement had suggested that markets would reopen for trading despite settlement restrictions.Settlement holidays are typically announced during elections or major public events when banking and clearing operations are disrupted. Since January 15 is a public holiday in Maharashtra, most banks are expected to remain closed, prompting the exchanges to suspend trading for the day.

Market holidays in 2026

With January 15 added to the list, Indian stock exchanges will observe 16 trading holidays in 2026, excluding weekends. January 26 will be the second market holiday this month.In the first half of the year, markets will remain shut on Holi (March 3), Ram Navami (March 26), Mahavir Jayanti (March 31), Good Friday (April 3), Ambedkar Jayanti (April 14), Maharashtra Day (May 1) and Bakri Id (May 28).During the second half, trading will be suspended 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 final holiday of the year will be Christmas on December 25.Independence Day on August 15 falls on a weekend and will not result in an additional closure.