Even as Maharashtra observes three days of state mourning from January 28 to January 30, the stock market will remain open on January 29, and trading will continue as per the normal schedule.
According to standard market practice, state mourning or closure of state government offices does not impact stock market operations, unless a specific nationwide holiday is announced by market regulators.
Stock market status on January 29
Trading on National Stock Exchange of India and BSE Limited will take place normally on January 29. This includes:
- Equity segment
- Equity derivatives
- Currency derivatives
- Commodity derivatives
There has been no holiday notification issued by the exchanges for January 29, confirming that markets will function as usual.
Why markets remain open despite state mourning
Stock market holidays are governed by exchange calendars and are typically observed only on nationally declared public holidays or special trading suspensions announced by regulators. Since the mourning period applies to state government offices in Maharashtra, it does not automatically extend to financial markets.
Banks, private offices, and financial institutions are also expected to operate normally unless local authorities issue separate directives.
What investors should know
Investors can place trades, monitor positions, and carry out settlements without disruption on January 29. Market timings, clearing, and settlement cycles remain unchanged.
While Maharashtra observes mourning as a mark of respect, India’s financial markets will continue to operate normally, ensuring continuity in trading and investment activity.
