Mon Jan 12 08:50:00 UTC 2026: Headline: Indian Stock Exchanges to Close on January 15 for Maharashtra Municipal Elections; Derivatives Expiry Dates Adjusted

The Story:
The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will be closed for trading on January 15, 2026, due to municipal corporation elections taking place in Maharashtra. Consequently, equity derivatives contracts scheduled to expire on that date have been moved forward to January 14, 2026. This change will impact trading across multiple segments, including equity, derivatives, commodity, and gold receipts.

Key Points:

  • Both BSE and NSE will be closed on January 15, 2026.
  • The closure is due to municipal corporation elections in Maharashtra.
  • Equity derivatives contracts expiring on January 15, 2026, have been rescheduled to January 14, 2026.
  • The change affects trading in equity, derivatives, commodity, and gold receipts segments.

Key Takeaways:

  • Local elections can significantly impact national financial markets, necessitating adjustments to trading schedules.
  • Exchanges prioritize facilitating democratic processes, even if it requires altering market operations.
  • Market participants should be aware of these closures and adjusted expiry dates to avoid disruptions in their trading activities.
  • Contingency plans are in place to accommodate unforeseen events like elections, minimizing market volatility.

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