NSE to Remain Open on January 15 Despite Maharashtra Holiday

The National Stock Exchange (NSE) will continue operations on January 15, 2026, despite the public holiday declared in Maharashtra owing to civic elections.  

However, while trading will be conducted as usual, the day is marked as a settlement holiday, affecting fund and securities settlement timelines. 

Trading on January 15 to Continue Normally 

NSE has confirmed through an official circular that trading activities on January 15, 2026, will follow standard operating hours. The announcement comes in light of a public holiday declared by the Maharashtra government due to civic elections in major cities. Despite this, the exchange will stay operational to ensure uninterrupted access to the markets for traders and investors. 

Implications of Settlement Holiday on January 15 

January 15 will function as a settlement holiday. This indicates that there will be no clearing or settlement activities processed through banks and clearing corporations for transactions carried out on the same day (T+0).  

As most financial institutions in the state will remain closed due to the holiday, T+1 settlements for trades made on January 14 and January 15 will now occur on January 16. 

Read More: NSE, IGX in Talks to Collaborate and Launch Indian Natural Gas Futures Contract! 

Impact on Traders and Investors 

Retail investors should note that while trading on January 15 will go ahead, settlement of funds and securities might reflect a delay. This primarily affects same-day credit of funds or delivery of securities due to the banking and settlement holiday, even though the order execution will not be disrupted on the NSE platform during the day. 

Scheduled Market Holidays for 2026 

As per the stock exchange calendar, Indian markets will be closed for trading on 15 days in 2026, starting with Republic Day on January 26. These include key national festivals such as Holi (March 3), Ram Navami (March 26), Mahavir Jayanti (March 31), and Good Friday (April 3), among others. The complete list includes religious and regional events where banking and settlement operations are impacted globally or regionally. 

Conclusion 

Despite Maharashtra's public holiday on January 15 due to civic polls, NSE will conduct regular trading. Investors, however, should be mindful of the settlement holiday affecting credit and delivery timelines, with both January 14 and January 15 trades settling on January 16. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.