BSE, NSE to conduct full trading session today; markets to remain shut on Monday

BSE, NSE Saturday Timings: Leading stock exchanges BSE and NSE will hold full trading session in the equities and equity derivative segments on Saturday, January 20. The test of a disaster recovery (DR) site which was being done to assess their preparation to handle substantial disruption or failure at the principal site has been put on hold.

Additionally, trading on the National Stock Exchange will remain closed on January 22, with the Maharashtra government announcing a holiday in connection with the consecration of the Ram Temple in Ayodhya, an official said on Friday.

In a circular, the NSE said the currency derivative segment will remain closed on January 22.

As per sources, National Commodity and Derivatives Exchange (NCDEX) will remain shut on Monday, while Multi Commodity Exchange (MCX( will open from 5 pm.

BIG BREAKING :

Equity Markets are opened for FULL DAY tomorrow on Saturday 20th January. Full trading session from 9AM to 3.30 PM

Monday 22nd January will be Holiday @NSEIndia @BSEIndia #StockMarketindia @ZeeBusiness

— CA Anil Singhvi Zee Business (@AnilSinghvi_) January 19, 2024

Money markets to remain shut on January 22: RBI

The Reserve Bank of India (RBI) announced Friday that the money markets will remain closed on January 22.

The RBI stated that because 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 or settlements in government securities (primary and secondary), foreign exchange, money markets, or rupee interest rate derivatives on that day.

It stated that the settlement of all outstanding transactions will be postponed to the next business day, January 23.