Trading holiday for stock markets on Jan 22, to remain open today

Updated: Jan 20th, 2024

Image: IANS

Stock exchanges will observe a trading holiday on Jan 22 in Equity, Equity Derivatives, SLB Segment.

BSE cited a notification of Maharashtra General Administration Department dated Jan 19 regarding declaration of public holiday on Jan 22.

The Reserve Bank of India (RBI) also said that as the Maharashtra government has declared January 22 as a public holiday under Section 25 of the Negotiable Instruments Act, 1881, there will be no transactions and settlements in government securities (primary and secondary), foreign exchange, money markets and Rupee Interest Rate Derivatives on Jan 22.


It said that the settlement of all outstanding transactions will accordingly get postponed to the next working day i.e. Jan 23.

BSE said it shall conduct regular trading sessions as per regular timings today from its primary site (PR) in Equity, SLB and Equity derivatives segment.

There will be no intra-day switchover from PR site to DR site.

Earlier, exchanges had planned a Special Live trading session today, with intraday switching over to DR site.

The Maharashtra government, led by Eknath Shinde, had declared the public holiday on Jan 22 owing to the ‘Pran Pratishtha’ or consecration of Lord Ram in Ayodhya’s Ram Temple.

(Source: IANS)

- Edited for style

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