Indian stock market to work full day on Saturday, remain shut on Monday

The Bombay Stock Exchange stated in a circular on Friday that the Indian stock market will be open for a full trading session on Saturday, January 20.

The stock, securities, lending and borrowing (SLB) and equity derivatives segments will be open for trading during regular hours, according to the exchange.

The stocks, debt and money markets will be closed on Monday owing to a public holiday in Maharashtra.

The central government set a half-day closure till 2:30 p.m. IST on Monday to celebrate the opening of the Ram Temple.

The stock market was scheduled to trade in two special sessions on Saturday as exchanges looked to test out a failsafe system for trading.

Markets will respond to the performance of major heavyweights such as Reliance and HUL in Saturday’s trade. Additionally, bank stocks will be in focus since Kotak Bank and ICICI Bank are scheduled to announce their quarterly earnings during the day.

On Friday, the blue-chip Nifty 50 (.NSEI) index finished 0.75% higher at 21,622.40, while the S&P BSE Sensex (.BSESN) closed 0.70% higher at 71,683.23.

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