The domestic stock markets will observe a holiday on Monday, January 26, 2026, for Republic Day, according to official holiday calendars issued by the exchanges. Both the National Stock Exchange (NSE) and BSE will suspend all trading activities for the day.

Trading Suspension Details

All market segments will remain closed on Republic Day, including:

• Equities trading
• Equity derivatives
• Securities lending and borrowing (SLBs)
• Currency derivatives
• Interest rate derivatives

The Multi Commodity Exchange (MCX) will also suspend operations for both morning and evening sessions on January 26.

Special Sunday Trading for Budget

Despite falling on a Sunday, stock markets will remain open on February 1, 2026, for the Union Budget presentation. The exchanges have confirmed that trading will follow normal market timings.

The NSE issued a circular stating: "On account of the presentation of the Union Budget, members are requested to note that the Exchange shall be conducting a live trading session on February 1, 2026, as per the standard market timings."

Recent Market Closures

Earlier this month, markets were closed on January 15 following a public holiday declared by the Maharashtra government under the Negotiable Instruments Act. This closure facilitated local body elections across 29 municipal corporations, including Mumbai City and Mumbai Suburban districts under the Brihanmumbai Municipal Corporation (BMC).

Annual Holiday Schedule 2026

The stock markets will observe a total of 15 holidays throughout 2026. Key highlights of the holiday calendar include:

March will see the highest concentration of trading holidays with markets closed on March 3 (Holi), March 26 (Shri Ram Navami), and March 31 (Shri Mahavir Jayanti). Four of the total 15 holidays fall on Saturdays or Sundays when markets are typically closed, minimizing the impact on actual trading days.

Indian equity markets concluded the week on a decidedly weak note, with BSE -listed companies erasing more than ₹15.00 lakh crore in market capitalisation amid widespread selling pressure. The benchmark indices recorded their most significant weekly decline in four months, reflecting broad-based weakness across market segments.

Weekly Market Performance

The equity markets faced sustained selling pressure throughout the week, with both benchmark and broader indices posting substantial losses. The performance data highlights the severity of the market downturn:

Friday's Trading Session

The final trading session of the week saw continued weakness, with indices closing near their daily lows. The BSE Sensex fell 770.00 points to close at 81,538.00, while the Nifty declined 241.00 points to settle at 25,049.00. Market breadth remained firmly tilted towards declines, with the NSE advance-decline ratio standing at 1:3.

Broader markets continued their underperformance trend. The Midcap index slipped 1,046.00 points to close at 57,146.00, while the Nifty Bank index dropped 727.00 points to settle at 58,473.00. Nearly 40 stocks on the Nifty ended the session in red territory, indicating widespread selling across large-cap stocks.

Individual Stock Performance

Several prominent stocks emerged as significant losers during both the weekly period and Friday's session. More than 40 stocks on the Nifty ended the week in negative territory, with six stocks declining in the range of 6% to 11%.

Major Weekly Losers

• Wipro, Eternal, Jio Financial Services: Among top weekly decliners
• Adani Ports and Cipla: Featured in worst-performing stocks list
• Adani Enterprises, Adani Power: Friday session losers (4%-11% range)
• InterGlobe Aviation: Declined 4% following exceptional losses of ₹1,547.00 crore in Q3

Sector-Specific Developments

Specific corporate developments contributed to individual stock movements. Paytm shares fell over 10% after the Payment Infrastructure Development Fund ended in December 2025. Adani Green Energy declined over 14% following its Q3 results announcement. Premier Energies dropped 8% as Q3 results missed estimates and order book declined marginally quarter-on-quarter.

Positive Performers

Despite the overall negative sentiment, select stocks managed to post gains. Hindustan Zinc rose over 4% during Friday's session as silver prices hit record highs. In the midcap segment, Bandhan Bank emerged as the top gainer, rising 5% supported by strong Q3 results.

Market Outlook

The sustained selling pressure across market segments reflects challenging investor sentiment, with sectoral indices uniformly closing lower. The Nifty Realty index's 14% weekly decline exemplifies the severity of sector-specific weakness, while the broader market underperformance suggests widespread risk aversion among market participants.