On January 15, 2026, BSE and NSE stock markets will remain closed due to BMC elections in Mumbai. Banks in several Indian cities are shut for Makar Sankranti, Pongal, and regional festivals. Essential digital banking services continue to operate.
Indian stock markets will be closed on January 15, 2026, Thursday, due to BMC elections in Maharashtra. According to India Today, BSE and NSE will not operate for trading, with the next holiday in January on January 26. A total of 16 market holidays are scheduled for 2026.
The Indian Express reports that banks in 10 cities, including Bengaluru, Chennai, and Lucknow, will also remain shut. These closures mark Makar Sankranti, Pongal, Magh Bihu, and municipal corporation elections in Maharashtra. The Reserve Bank of India lists 16 bank holidays for January 2026, including weekly closures on second and fourth Saturdays and Sundays.
Despite branch closures, essential services like online and mobile banking, NEFT and RTGS (within operational hours), ATM withdrawals, card transactions, and online requests for chequebooks or demand drafts will be available. Customers are advised to use digital platforms for seamless access.
The BMC elections in Mumbai are crucial for determining the city's municipal governance. These holidays are designated under the Negotiable Instruments Act.
