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Indian stock markets remain closed for Maharashtra civic elections

Mumbai, Jan 15 || The Indian stock markets remain closed on Thursday on account of municipal corporation elections in Maharashtra.

In an earlier notification, the BSE said there will be no trading in the equity segment, equity derivatives, commodity derivatives, and electronic gold receipts on that day. It also said that equity derivative contracts originally scheduled to expire on January 15, 2026, expired a day earlier. These revisions will be reflected in the end-of-day contract master files.

The NSE also said that January 15 will be a trading holiday in both the capital market and futures and options segments.

The decision follows the Maharashtra government’s declaration of a public holiday on January 15 to ensure the smooth conduct of elections in 29 municipal corporations, including the Brihanmumbai Municipal Corporation (BMC) in Mumbai.

Trading on the NSE and the BSE will resume on Friday.

On Wednesday, domestic stock markets ended lower after a highly volatile trading session, as losses in IT and realty stocks weighed on investor sentiment. Rising geopolitical tensions and uncertainty surrounding the US-India trade deal also capped any meaningful recovery during the day.

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