Share Market Open or Closed on Monday, 22 Jan 2024? The National Stock Exchange (NSE) has confirmed the closure of the stock market on Monday, January 22, in observance of the consecration ceremony at the Ram Mandir in Ayodhya. This decision aligns with the significance of the event and aims to allow market participants to partake in the auspicious occasion.
Instead of Monday, the equity and derivative segments will operate under normal trading hours from 9:15 am to 3:30 pm on Saturday. This adjustment ensures that traders and investors have the opportunity to conduct transactions ahead of the special day.
This announcement follows the Reserve Bank of India’s (RBI) declaration earlier today, stating that money markets will also remain closed on Monday. The coordinated decision by both NSE and RBI reflects a unified approach to respect the cultural and religious sentiments associated with the consecration ceremony.
Market participants are advised to plan their trading activities accordingly, keeping in mind the altered schedule for the weekend. As the nation anticipates and celebrates this significant cultural event, the financial markets join in by adjusting their operational hours in reverence to the historic Ram Mandir consecration ceremony.
