Stock Market Holiday On 22 January On The Occasion Of Shree Ram Mandir Pran Pratisha

Wenivesh Team
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Stock Market Holiday On 22 January

Indian stock market exchanges have decided to have Stock Market Holiday on 22 January on the occasion of Shree Ram Mandir Pran Pratisha which will be taking place at Ayodhya Ram Mandir.

Stock Market Holiday On 22 January 2024

In observance of the consecration ceremony of the Ram Temple in Ayodhya, both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India will be closed on Monday, January 22, 2024. So Please make a note of Stock Market Holiday on 22 January 2024.

Compensatory Trading Session

To accommodate the holiday, a full-fledged trading session will take place on Saturday, January 20th. Normal trading hours and operations will apply during this session.

Special Trading Day Tomorrow

Equity markets will be open for a FULL DAY tomorrow, Saturday, January 20th, from 9 AM to 3:30 PM. Traders can utilize this extended session to manage their portfolios and navigate the market.

Money Markets Open

While the primary stock markets remain closed on Monday, January 22nd, the money markets will open for a shortened session from 2:30 PM to 5:00 PM. This session is primarily for settlement purposes.

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Back to Business on Tuesday

Normal trading hours and operations for both the BSE and NSE will resume on Tuesday, January 23rd.

Planning Your Investments:

Traders are advised to take note of this temporary shift in the trading schedule and plan their investment activities accordingly. Whether you’re participating in the compensatory Saturday session, utilizing the extended hours, or navigating the shortened Monday money market session, stay informed and make the most of this unique trading week.

RBI Partial Holiday On 22 January 2024
RBI Partial And Stock Market Holiday On 22 January 2024

RBI Partial Holiday On 22 January 2024

Yes, there is a partial holiday for the Reserve Bank of India (RBI) on January 22, 2024. This is due to the consecration ceremony of the Ram Temple in Ayodhya.

While the RBI headquarters in Mumbai and all its regional offices across India will remain open for essential services, some of its functions will be curtailed. These include:

  • Money market: The money market will operate with a shortened trading session from 2:30 PM to 5:00 PM.
  • Foreign exchange markets: The foreign exchange markets will be closed.
  • Government securities market: The government securities market will be closed.
  • Real Time Gross Settlement (RTGS) system: The RTGS system will be available for limited operations from 2:30 PM to 5:00 PM.

It is important to note that this is a partial holiday and not a complete closure. Some essential services of the RBI will still be available. However, it is advisable to check with your bank or financial institution for specific information about how their operations may be affected on January 22nd.

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Here are some additional details about the RBI holiday on January 22nd:

  • The holiday was announced by the RBI on January 18, 2024.
  • The holiday is only for one day, January 22nd.
  • The holiday is observed in all regional offices of the RBI across India.
  • The holiday is due to the consecration ceremony of the Ram Temple in Ayodhya.

Stay Informed, Stay Invested!

Hope you love our article on Stock Market Holiday On 22 January 2024 !!

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