Stock exchanges NSE and BSE have revised their trading schedule for January 20 and 22, 2024. Contrary to the earlier plan for special trading sessions on January 20 to assess their preparedness for potential disruptions, both exchanges announced normal trading sessions on that day. The regular market timings for equity and equity derivatives segments will apply, and price bands for a normal trading day will remain in effect.
However, January 22 has been declared a trading holiday by both NSE and BSE. This aligns with the public holiday announced by the Maharashtra government, which is observing a holiday in connection with the consecration of the Ram Temple in Ayodhya. The Reserve Bank of India (RBI) also confirmed that money markets will be closed on January 22.
On the same day, public sector banks, insurance companies, financial institutions, and Regional Rural Banks (RRBs) nationwide 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.
Investors and market participants are advised to take note of these revised trading schedules and holidays to plan their activities accordingly.
(With Agency Inputs)