Stock market open on Jan 29, 2026? NSE and BSE trading status explained amid Maharashtra state mourning after Deputy CM Ajit Pawar’s death.

the Maharashtra government announced three days of state mourning from January 28 to January 30, along with a public holiday for state government offices. (File Photo)
Maharashtra woke up to shock and grief after Deputy Chief Minister Ajit Pawar died in a tragic plane crash near Baramati on January 28, 2026. The crash claimed multiple lives and triggered an outpouring of condolences from across the political spectrum.
In response, the Maharashtra government announced three days of state mourning from January 28 to January 30, along with a public holiday for state government offices.
As flags fly at half-mast and public events stand cancelled, investors and traders are asking a crucial question: Will the stock market remain closed during the mourning period?
No. The NSE and BSE will remain open and function normally on January 29, 2026, despite the state mourning declared in Maharashtra.
India’s stock exchanges operate on a national holiday calendar, which is announced well in advance. State-specific mourning or public holidays do not automatically close national financial markets unless the exchanges or the central government issue a special notification. As of January 28, 2026, no such notification has been released by the NSE or BSE.
This means equity, derivatives, and other market segments will continue trading as scheduled across India, including for investors based in Maharashtra.
Market participants can expect normal trading hours on Thursday:
All segments will follow their usual schedules unless an extraordinary advisory is issued.
While Maharashtra government offices, schools, and local services will remain shut during the mourning period, financial markets function independently of state-level administrative decisions. The NSE and BSE prioritize continuity and stability, especially during sensitive periods, unless there is a nationwide directive.
For investors, this distinction is important. Emotional moments may influence sentiment, but market operations remain rule-based and uninterrupted.
Ajit Pawar’s death marks a profound loss for Maharashtra politics, and the state’s mourning reflects that sentiment. However, the Indian stock market will stay open on January 29, 2026, allowing trading activity to continue as usual. Investors should stay informed through official exchange updates and avoid relying on rumours during such critical times.