Archive · 13 Jan 2026
NSE and BSE Closed for Maharashtra Polls
The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in India will be closed on January 15, 2026, because of elections for municipal corporations in Maharashtra.
This includes the big city of Mumbai.
The state government decided to make this day a holiday to make sure the elections go smoothly.
The elections will happen on January 15, and the votes will be counted the next day.
The NSE first said the markets would be open but later changed their mind and said it would be a holiday.
The BSE also announced that all trading segments will remain closed on that day.
The elections are for 29 municipal corporations, including the Brihanmumbai Municipal Corporation (BMC).
NSE and BSE will remain closed on January 15, 2026, due to Maharashtra municipal elections.
The holiday was declared to facilitate the conduct of local body elections across 29 municipal corporations, including Mumbai.
Earlier, NSE had announced markets would remain open but later revised to a trading holiday.
Maharashtra government declared January 15 a public holiday under the Negotiable Instruments Act.
Elections for BMC and 28 other municipal corporations are scheduled for January 15, with counting on January 16.
- Who
- National Stock Exchange of India Ltd (NSE) and Bombay Stock Exchange (BSE)
- What
- Announced a trading holiday in the Capital Market segment and all trading segments respectively
- When
- January 15, 2026
- Where
- Maharashtra, India
- Why
- Due to Municipal Corporation Election in Maharashtra
- Date of Holiday
- January 15, 2026
- Reason for Holiday
- Municipal Corporation Election in Maharashtra
- Affected Segment
- Capital Market (CM) Segment, Equity, Equity Derivatives, Commodity Derivatives, Electronic Gold Receipts
- Number of Municipal Corporations
- 29
- Election Day
- January 15, 2026
- Counting Day
- January 16, 2026
- Act Under Which Holiday Declared
- Negotiable Instruments Act, 1881
- Section of Act
- Section 25
- Equity Derivatives Contracts Expiry
- Preponed to January 14, 2026
Sources
NSE declares January 15, 2026 trading holiday for Maharashtra municipal polls
Stock exchanges to remain closed on January 15 for Maharashtra Municipal Elections
BSE, NSE to remain shut on January 15 For Maharashtra Municipal Corporation Elections
NSE Holiday List 2026: Why is NSE/BSE shut on January 15 – Check full list of trading holidays
BMC Elections 2026: Mumbai Schools, Colleges Shift To Online Classes Ahead Of Civic Body Polls
Maha: Zilla Parishad Elections likely to be announced tomorrow
SEC to announce poll schedule today for 12 zilla parishads, 125 panchayat samitis in Maharashtra
BMC elections: What are the responsibilities of the civic body, and why is it significant?
