
Synopsis Several regional festivals and events—including Makar Sankranti, Pongal, Magh Bihu, and Maharashtra local body elections—fall between January 14 and January 16, 2026. This has raised questions among investors about whether trading on Indian stock exchanges will be impacted. Here’s a clear breakdown of trading, settlement, and holiday status on BSE and NSE during this period.
Indian stock market participants are seeking clarity on trading schedules this week as a cluster of festivals and regional events line up between January 14 and January 16, 2026. With celebrations such as Makar Sankranti, Pongal, Magh Bihu, and the Maharashtra BMC elections, confusion has emerged over whether trading on India’s stock exchanges will be affected.
Unlike banks, schools, or government offices, stock market holidays in India follow a separate, predefined calendar. The holiday list of the exchanges is driven by national holidays and a limited set of festival closures, rather than regional or state-level events.
Will Stock Market Be Open on January 14, 15, and 16, 2026?
Q: Will BSE and NSE remain open during Makar Sankranti and Pongal week?
A: Yes. As per the official holiday calendars of Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE), trading will remain open on January 14, January 15, and January 16, 2026, despite multiple festivals and regional events.
Stock exchanges do not observe holidays for all festivals celebrated across India. Instead, they close only on select national holidays and a few widely observed festivals such as Holi, Diwali, Good Friday, Dussehra, and Christmas.
Key Clarification: Settlement Holiday on January 15
While trading will be open on all three days, January 15, 2026, will be a settlement holiday.
Final Takeaway for Investors To sum up, despite multiple festivals like Makar Sankranti, Pongal, Magh Bihu, and regional events such as the Maharashtra local body elections, trading on BSE and NSE will remain open on January 14, 15, and 16, 2026. The only exception investors need to be mindful of is January 15, which will be a settlement holiday, not a trading holiday. This means buying and selling of shares and derivatives will continue as usual, but settlements will be deferred by a day. For traders, especially those dealing in delivery-based trades or managing margins, understanding this distinction is crucial to avoid confusion. Overall, market operations will remain largely uninterrupted during this festive week, allowing investors to stay focused on earnings announcements, macroeconomic data, and global cues rather than holiday-related disruptions.

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