Markets Holiday: NSE, BSE Closed On January 26 For Republic Day

India’s equity markets will remain closed on January 26, 2026, on account of the 76th Republic Day celebrations. Both the BSE and the NSE will remain closed for trading, and market operations will resume on January 27.

Not just stock markets, India’s money markets and currency trading will also remain closed on January 26. Commodity derivatives segment will, however, trade during the evening session, according to the schedule.

2026 Stock Market Holidays

According to the holiday calendar, Indian equity markets will have 16 trading holidays in 2026. After the markets close for Republic Day, the next holiday for the equity markets will be on March 3, for Holi. Stock markets were also closed on January 15 due to the Mumbai municipal corporation elections.

There are no scheduled holidays in February. March will have three trading holidays, the highest number of trading holidays in any month of 2026. This will be followed by two holidays for the market each in April and May. June and September will have one market holiday each, as will December. October and November also have two holidays each. Additionally, there are four market holidays which fall on weekends during 2026.

Stock Market Performance on January 23

Indian equity benchmarks closed sharply lower on January 23, extending their losses from the previous close. Indices were weighed down by traders’ profit booking, along with concerns over the existing geopolitical scenario and caution ahead of the Union Budget 2026 on February 1. This was also marred by the fact that earnings results of companies in the third quarter of the financial year were also mixed. 

In the broader market indices, selling pressure was more prominent. The BSE Midcap index fell 1.60 points, while the Sensex fell 0.94 per cent, closing at 81,537.70. The Nifty fell 0.95 per cent, closing at  25,048.65 on January 23. Meanwhile, the Smallcap index fell 2.20 per, which reflected risk-off sentiments among investors.

Markets ended in the red at the end of the week with more than Rs 6 lakh crore investor wealth wiped out in a single session. The BSE-listed companies total market capitalisation fell below Rs 452 lakh crore, sliding from Rs 458.50 lakh crore.

Meanwhile the rupee also neared the psychologically crucial level of 92 to a dollar or January 23, touching a new record low. This was followed by heavy selling from foreign institutional investors (FIIs) from the equity market.