Description
NSE declares Thursday, January 15, 2026 as a trading holiday in Futures & Options segment due to Municipal Corporation Election in Maharashtra.
Summary
The National Stock Exchange of India Limited has declared Thursday, January 15, 2026 as a trading holiday in the Futures & Options segment due to Municipal Corporation Election in Maharashtra. This circular (NSE/FAOP/72262) partially modifies the earlier circular reference no. NSE/FAOP/71777.
Key Points
- Trading holiday declared for January 15, 2026
- Applies to Futures & Options segment only
- Reason: Municipal Corporation Election in Maharashtra
- This is a partial modification to earlier circular NSE/FAOP/71777
- All members are requested to take note
Regulatory Changes
No new regulatory changes introduced. This is an operational notification regarding trading schedule modification.
Compliance Requirements
- All members must note the trading holiday
- No F&O trading will be conducted on January 15, 2026
- Members should inform their clients and stakeholders accordingly
Important Dates
- Circular Date: January 12, 2026
- Trading Holiday: Thursday, January 15, 2026
Impact Assessment
Market Impact: High - Complete closure of F&O segment trading for one day affects all derivative market participants, including retail traders, institutional investors, and hedgers. Market participants need to adjust their positions and strategies accordingly.
Operational Impact: Trading members must ensure all systems and operations account for this holiday. Open positions will carry forward, and margin requirements will need to be managed considering the holiday.
Reference Information:
- Circular Reference: 04/2026
- Department: Futures & Options
- Contact: msm@nse.co.in | Toll Free: 1800-266-0050 (Option 1)
- Issued by: Khushal Shah, Associate Vice President
Impact Justification
Complete trading holiday in F&O segment affects all market participants and derivative trading activities for the day