Markets to remain shut on Jan 22, regular trading session to be conducted tomorrow

Indian equity markets will remain shut on January 22 (Monday), informed both National Stock Exchange and Bombay Stock Exchange. A full regular session, from 9:15 am to 3:30 pm, will be conducted on January 20 (Saturday).

Earlier, both exchanges were to conduct a special live trading session on Saturday from the disaster recovery site. This has now been postponed.

“In partial modification, exchange shall conduct regular trading session as per regular timings on Saturday January 20, 2024, from its primary site (PR) in Equity, SLB and Equity derivatives segment. There will be no intraday switchover from PR site to DR (disaster recovery) site,” said BSE in a circular.

Also Read: Currency derivatives trading shut on January 22, say NSE and BSE

Price bands applicable for normal trading day shall continue to be remain applicable on January 20, NSE added. Earlier, for the special session, NSE had announced a 5 percent price band.

For equity derivatives segment, NSE said, Nifty Midcap contracts expiring on January 22 shall now expire on January 20. Similarly, BSE said that Bankex expiry has been moved forward from Jan 22 to Jan 20.

Market recap

On January 19, the benchmarks indices broke their three-day losing streak and ended on a positive note on positive global cues and buying across the sectors.

At close, the Sensex was up 496.37 points or 0.70 percent at 71,683.23, and the Nifty was up 160.10 points or 0.75 percent at 21,622.40.

ONGC, Bharti Airtel, NTPC, Tech Mahindra and SBI Life Insurance were among the top gainers on the Nifty, while losers were IndusInd Bank, HDFC Bank, Kotak Mahindra Bank, Divis Lab and Adani Ports.