The National Stock Exchange (NSE) will keep its trading floor open on January 15, even though Maharashtra has declared a public holiday for civic polls.
What the holiday means for trading
While the exchange’s trading schedule remains unchanged, the day is declared a settlement holiday. This means that the usual T+0 settlement process will not run on Jan 15. All other trading activities will continue as normal.
Adjusted settlement dates
- Trades executed on January 14 will now settle on January 16.
- Trades executed on January 15 will also settle on January 16.
In short, any share or fund credit that would normally appear the next business day will be delayed by one additional day.
Why the holiday was declared
Settlement holidays are usually announced when banking and clearing operations are expected to be disrupted—such as during elections, major public events, or regional holidays. Because most banks in Maharashtra will be closed on Jan 15, the clearing houses also pause settlement.
Takeaway for retail investors
There is no impact on your ability to place buy or sell orders on Jan 15. However, expect a one‑day delay in the transfer of shares or funds for any trades made on Jan 14 or Jan 15. Plan accordingly if you need funds or share ownership on a specific date.
2026 Indian stock market holiday calendar (selected dates)
- Jan 26 – Republic Day
- Mar 3 – Holi
- Mar 26 – Ram Navami
- Mar 31 – Mahavir Jayanti
- Apr 3 – Good Friday
- Apr 14 – Ambedkar Jayanti
- May 1 – Maharashtra Day
- May 28 – Bakri Id
- Jun 26 – Muharram
- Sep 14 – Ganesh Chaturthi
- Oct 2 – Gandhi Jayanti
- Oct 20 – Dussehra
- Nov 10 – Diwali Balipratipada
- Nov 24 – Guru Nanak Jayanti
- Dec 25 – Christmas
Remember, this is perspective, not prediction. Do your own research before making any investment decisions.