Will Stock Markets and Banks be Open on January 1, 2025?
Many people are confused about whether the stock market and banks will be open on January 1, 2025. This uncertainty arises because most institutions are typically closed on New Year's Day.
Stock Market: Regarding the opening of the stock market on January 1, 2025, many are unsure. It is important to clarify this as most institutions remain closed on New Year's Day.
Will the Stock Market be Closed on January 1st?
Both major stock exchanges, BSE and NSE, have released their holiday calendars for 2025. According to these calendars, the stock market will operate as usual on January 1, 2025. No other days in January will be closed, excluding regular weekly holidays. Importantly, January 26th, which is traditionally a holiday, will not be closed as it falls on a Sunday this year.
Pre-opening trading will take place from 9:00 AM to 9:15 AM, and regular trading will continue from 9:15 AM to 3:30 PM on January 1st. The calendar indicates that the stock market will be closed for a total of 14 days throughout the year.
Will Banks be Closed on January 1st?
According to the list released by the RBI, banks across the country will generally remain open on January 1st. However, some specific regional banks may remain closed. These regions include Chennai, Kolkata, Aizawl, Shillong, Kohima, and Gangtok. Banks in other locations will operate as usual. For specific details about opening hours in your area, please check with your local bank branch.
What to do if your bank is closed?
If your bank branch is closed, you can easily conduct transactions through net banking or UPI. Fixed deposits, recurring deposits, and other transactions can be managed via net banking. If you need cash, ATMs are available 24/7. However, please note that in rural areas, ATM availability may be dependent on the schedule of the local bank branches.
