Both India’s major stock exchanges will stay shut on January 15 because of local elections in Maharashtra, pausing most trading activity for the day.
Market closure details
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will not trade equities, equity derivatives, securities lending‑borrowing, currency derivatives, or interest‑rate derivatives on Jan 15.
Impact on commodity trading
Commodity derivatives will miss the morning session, but the evening session will still operate as usual.
When trading resumes
Normal trading on both exchanges will start again on Friday, January 16.
Recent market performance
On Jan 14 the market closed lower in a choppy session. Weakness in auto, IT, and realty stocks outweighed gains in metals, public‑sector banks, and oil & gas.
- Sensex: down 245 points (‑0.29%) at 83,382.71
- Nifty: down 67 points (‑0.26%) at 25,665.60
Sector highlights
- Gainers: Tata Steel, NTPC, ONGC, Axis Bank, Hindalco Industries
- Losers: Tata Consumer, TCS, Asian Paints, Maruti Suzuki, HUL
- Metal, PSU Bank, Power, Oil & Gas indices rose 0.5‑2%
- Auto, IT, Realty indices fell 0.5‑1%
Technical outlook
Market activity stayed within a narrow range. Support was seen near 25,600 for Nifty and 83,200 for Sensex. If the market breaks above 25,800/83,800, it could test 25,880‑25,900 and 84,000‑84,200. A drop below 25,600/83,200 may push it toward 25,500‑25,450 and 83,000‑82,800.
Rupee movement
The Indian rupee slipped to 90.30 per U.S. dollar, its lowest in three weeks, as commodity prices rose and foreign fund outflows continued.
- Key level: resistance at 90.40, support at 89.90
Key takeaways
- Trading pause on Jan 15 affects most equity‑related products.
- Markets remained range‑bound on Jan 14, with metals and banks leading gains.
- Watch the 25,600 Nifty level for possible direction after the holiday.
- Rupee pressure may linger if commodity prices stay high.
Remember, this is perspective, not prediction. Do your own research before making any investment decisions.