Stock markets will remain closed on Thursday, January 15, in view of the <a href="https://www.mid-day.com/mumbai/mumbai-news/article/maharashtra-civic-elections-2026-asaduddin-owaisi-questions-rss-role-in-indias-freedom-struggle-23611801" rel="none">Maharashtra </a>civic polls, according to the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Trading in the equity, derivatives, commodity, and electronic gold receipts segments will remain suspended for the day.
In a circular issued on Monday, the <a href="https://www.mid-day.com/business/stock-market/article/sensex-declines-455-points-on-foreign-fund-outflows-trade-related-concerns-23611626" target="_blank" rel="none noopener">NSE </a>said it has &ldquo;notified Thursday, January 15, 2026, as a trading holiday in the capital market segment on account of Municipal Corporation Election in Maharashtra&rdquo;.
Earlier, the exchange had stated that January 15 would be observed as a settlement holiday, while trading would remain open.
The BSE also announced that trading will remain closed on January 15 due to the <a href="https://www.mid-day.com/mumbai/mumbai-news/article/bmc-election-2026-civic-body-sets-up-2600-polling-locations-to-ease-congestion-23611696" target="_blank" rel="none noopener">Brihanmumbai Municipal Corporation Election.</a>
Typically, stock exchanges observe around 15 trading holidays in a year, apart from regular weekly closures on Saturdays and Sundays.
On January 10, the<a href="https://www.mid-day.com/mumbai/mumbai-news/article/shiv-sena-ubt-calls-bjp-silence-on-annamalai-a-betrayal-of-maharashtra-23611808" target="_blank" rel="none noopener"> Maharashtra Government </a>declared a public holiday on January 15 in Mumbai for BMC Election 2026. The holiday will apply to government and semi-government offices, corporations, boards, public sector undertakings, banks, and Central Government offices falling within the BMC&rsquo;s jurisdiction.
<h2>Stock markets trade lower after early rally on foreign fund outflows, blue-chip selling</h2>
Equity benchmark indices Sensex and Nifty were trading lower on Tuesday after rallying in early trade, amid continued foreign fund outflows and selling pressure in blue-chip stocks.
The 30-share BSE Sensex climbed 379.86 points to 84,258.03 in early trade, while the 50-share NSE Nifty advanced 109.55 points to 25,899.80.
However, both the benchmark indices soon pared all initial gains and slipped into negative territory. The Sensex was trading 244.98 points lower at 83,627.36, while the Nifty was down 74.30 points at 25,716.70.
Among the Sensex constituents, Larsen &amp; Toubro, HCL Tech, Reliance Industries, Bharti Airtel, Tata Consultancy Services and Tata Steel were among the biggest laggards.
Country&rsquo;s largest IT services exporter TCS on Monday reported a 13.91 per cent drop in December quarter profit at Rs 10,657 crore, mainly due to a one-time impact of new labour codes.
IT services firm HCL Tech also posted an 11.2 per cent decline in consolidated net profit to Rs 4,076 crore for the October&ndash;December quarter of FY26.
(With PTI inputs)
<h2>Get all BMC Election 2026 updates here | Your ward info here</h2>
<a href="https://www.mid-day.com/bmc-election/">https://www.mid-day.com/bmc-election/</a>
<a href="https://www.mid-day.com/bmc-election/know-your-ward">https://www.mid-day.com/bmc-election/know-your-ward</a>

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In a circular issued on Monday, the NSE said it has “notified Thursday, January 15, 2026, as a trading holiday in the capital market segment on account of Municipal Corporation Election in Maharashtra”

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