Stock exchanges National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have announced that regular trading sessions will take place on January 20, 2024, with a subsequent trading holiday on January 22. The decision follows earlier plans for special trading sessions on Saturday to assess preparedness for potential disruptions at the primary site.
In circulars released independently, both NSE and BSE clarified that Saturday, January 20, will witness normal trading sessions in the equity and equity derivatives segments, adhering to standard market timings. The applicable price bands for a regular trading day will remain in effect on January 20.
However, January 22 will observe a trading holiday as the Maharashtra government has declared it a public holiday in connection with the consecration of the Ram Temple in Ayodhya.
The Reserve Bank of India (RBI) also confirmed the closure of money markets on January 22. On the same day, public sector banks, insurance companies, financial institutions, and Regional Rural Banks (RRBs) across the country will be closed for half a day. Additionally, the Department of Personnel and Training has issued an order for the half-day closure of central government establishments on January 22.
