15 January,2026 05:18 PM IST | Mumbai | mid-day online correspondent
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The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on January 15 will be closed for trading, as Mumbai and other parts of Maharashtra will be voting in the Brihanmumbai Municipal Corporation (BMC) elections and several other civic body polls across the state.
In view of the Maharashtra civic polls on Thursday, trading in the equity, derivatives, commodity, and electronic gold receipts segments will remain suspended for the day. As per the circular issued by the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
In a circular issued on Monday, January 12, the National Stock Exchange said it has "Notified Thursday, January 15, 2026, as a trading holiday in the capital market segment on account of the Municipal Corporation Election in Maharashtra."
Earlier, the exchange had also stated that January 15 would be observed as a settlement holiday, while trading would remain open.
Along with NSE, the Bombay Stock Exchange also announced that trading will remain closed on January 15 due to the Brihanmumbai Municipal Corporation Election.
Typically, stock exchanges observe around 15 trading holidays in a year, apart from regular weekly closures on Saturdays and Sundays.
On January 10, the Maharashtra Government declared a public holiday on January 15 in Mumbai for the BMC Election 2026. The holiday on January 15 applies to government and semi-government offices, corporations, boards, public sector undertakings, banks, and Central Government offices falling within the BMC's jurisdiction.
Trading in commodities will remain closed during the first half of the day and is scheduled to resume after 5 PM, allowing market participants to trade in the evening session.
Also, the initial public offering (IPO) market witnessed strong investor interest. The IPO of Bharat Coking Coal Limited (BCCL) saw bumper demand, with the issue being oversubscribed by 98.51 times. The strong response highlights robust participation across investor categories for the Coal India subsidiary.
Earlier on Wednesday, the Sensex and Nifty 50 extended losses for the second consecutive session. At close, the Sensex dropped 245 points, or 0.29 per cent, to end at 83,382.71, while the Nifty 50 fell 67 points, or 0.26 per cent, to settle at 25,665.60. Most sectoral indices ended lower; however, the Nifty Metal (2.70 per cent) and PSU Bank (2.13 per cent) posted solid gains.
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