Stock Market Closed Today January 15 Due to Maharashtra Municipal Corporation Elections

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Mumbai, January 15, 2026: Trading activity across India’s equity markets remains suspended today as domestic stock exchanges observe a scheduled holiday on account of the Municipal Corporation elections in Maharashtra.

Both the Bombay Stock Exchange and the National Stock Exchange are closed for trading in the capital market segment on Thursday, January 15. The closure applies to equities, equity derivatives, currency derivatives and other related market segments.

The trading holiday has been declared in view of the civic polls being conducted across key municipal corporations in Maharashtra, including Mumbai, Pune and other urban centers, where election day is observed as a market holiday.

Markets Ended Lower on Wednesday Ahead of Trading Break​

The holiday comes a day after domestic equity benchmarks ended Wednesday’s session on a cautious note, extending their recent losing streak amid weak global cues and sustained foreign fund outflows.

On Wednesday, the benchmark Sensex declined 244.98 points, or 0.29 percent, to close at 83,382.71, after slipping as much as 442 points during intraday trade. The broader Nifty 50 settled 66.70 points lower, or 0.26 percent, at 25,665.60.

Losses were led by IT, FMCG, auto and select banking heavyweights, while metal, PSU banking, energy and commodity stocks provided partial support to the indices.

Sectoral Performance Remained Mixed​

Sector-wise, IT and consumption-linked stocks witnessed selling pressure, reflecting cautious investor sentiment amid global uncertainty and persistent FII outflows. In contrast, metals and PSU banks outperformed, supported by selective buying interest.

Broader markets showed resilience, with midcap and smallcap indices managing marginal gains despite the weak headline indices.

Global Cues and Crude Oil Trends​

Asian equity markets largely ended higher on Wednesday, while European markets traded firm. US equities closed lower overnight, adding to global risk aversion. Brent crude prices softened further, easing below USD 65 per barrel, offering some relief on the inflation front.

Trading to Resume on Friday​

With Thursday marked as a trading holiday, market participants will return to action on Friday, January 16. Investors are expected to track ongoing quarterly earnings announcements, global trade-related developments and cues around the upcoming Union Budget for directional clarity.

For now, the market pause offers traders and investors a breather after a volatile start to the week, with attention set to shift back to fundamentals once trading resumes.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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