Contracts scheduled to expire on January 15 will be settled a day earlier, in line with exchange norms. The Maharashtra government has declared a public holiday to facilitate voting across 29 municipal corporations, which has also led to the shutdown of banking and clearing operations in the state. Settlement holidays are typically announced during elections or major public events when normal banking services are disrupted, and most banks are expected to remain closed on the day.

With this addition, Indian stock exchanges will be shut for 16 days in 2026, excluding regular weekend holidays. January 26 will be the second market holiday this month.

Powered by Capital Market - Live News