Reminder for Sensex traders: Weekly F&O expiry has been advanced to January 14 due to Maharashtra civic polls

Reminder for Sensex traders: F&O expiry has been advanced to January 14 due to Maharashtra civic polls

With stock exchanges BSE, NSE announcing a trading holiday on January 15 due to voting for Maharashtra civic polls, the Sensex F&O expiry has been advanced to January 14.

Trading in the equity segment, derivatives, commodity and electronic gold receipts would remain closed.

"Trading Members are requested to note that on account of Municipal Corporation Election scheduled to be held on January 15, 2026, the following trading segments will remain closed on January 15, 2026: Equity Segment, Equity Derivatives Segment, Commodity Derivatives Segment, Electronic Gold Receipts. Equity Derivatives Contracts scheduled to expire on January 15, 2026 shall be preponed to January 14, 2026," said BSE in a circular on January 12.

In a circular on Monday, the National Stock Exchange (NSE), "notified Thursday, January 15, 2026, as a trading holiday in the capital market segment on account of Municipal Corporation Election in Maharashtra".

Earlier, the bourse had stated that it would observe January 15 as a settlement holiday, while trading would be open on the day.  Separately, BSE also announced that trading will remain closed on January 15 due to the Municipal Corporation Election.

In total, exchanges usually have around 15 trading holidays in a year, apart from regular weekly closures on Saturdays and Sundays.

On January 10, the Maharashtra government declared a public holiday for January 15 in Mumbai for civic polls. The holiday will apply to government and semi-government offices, corporations, boards, public undertakings, banks and central government offices within the jurisdiction of the civic bodies.

In a statement issued on Saturday, the BMC said the holiday was announced through an order of the state’s General Administration and Industries and Labour departments.

“The public holiday will apply across Mumbai, including the city and the eastern and western suburbs. Government and semi-government offices, public sector units, banks and other establishments will remain closed on that day. The government order also applies to voters registered in Mumbai but working outside the city, allowing them to vote,” the release said.

Votes will be counted on January 16. Markets were also shut during the previous civic polls held in 2017.