Indian Stock Markets Closed on January 15 for Maharashtra Municipal Elections; Commodity Trading Limited

Indian stock markets, including BSE and NSE, were closed on January 15, 2026, due to municipal corporation elections in Maharashtra, which led the state government to declare a public holiday. Trading in equities, equity derivatives, currency markets, and electronic gold receipts was suspended, while commodity trading on MCX resumed in the evening session. The exchanges also preponed derivatives expiry to January 14. The closure, not originally in the 2026 holiday calendar, drew criticism from Zerodha CEO Nithin Kamath, who cited poor planning and concerns over India's global investor image.