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BSE and NSE Shut for Maharashtra Civic Polls as MCX Limits Trade to Evening Session

A state holiday for voting disrupted clearing, prompting a one-day halt with an early derivatives expiry.

Overview

  • Both exchanges closed on Thursday, January 15, under the Maharashtra government's public holiday for municipal elections.
  • BSE and NSE issued revised circulars adding the date to the 2026 holiday list, bringing the year’s total to 16 after initially marking it only as a settlement holiday.
  • BSE moved equity derivatives set to expire on January 15 to Wednesday, January 14, with NSE confirming a full halt in capital market and F&O segments.
  • MCX shut the 9:00 am–5:00 pm session and opened from 5:00 pm to 11:55 pm, limiting select agricultural contracts to 9:00 pm.
  • Trading is slated to resume on Friday, January 16, once clearing and banking services return.