No, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be open for regular trading on Monday, July 7, 2025, despite the observance of Muharram.
Muharram, the Islamic New Year, is a month of reverence and mourning, especially observed on the 10th day of Ashura. In 2025, Ashura falls on Sunday, July 6. Since Ashura falls on a Sunday, there is no public holiday on Monday, July 7. Therefore, government offices, banks, post offices, schools, and stock markets will remain open.
Trading Details for July 7, 2025:
Bank Holiday Status:
Banks will also remain open on Monday, July 7, 2025, according to the Reserve Bank of India's (RBI) official holiday list. As Ashura is on a Sunday, there is no spillover public holiday the following day. Government offices, post offices, and schools across most states are also expected to function normally.
Upcoming Stock Market Holidays:
The Indian stock market has designated 14 trading holidays in 2025. The last market holiday was on May 1 for Maharashtra Day, and the next is scheduled for August 15 for Independence Day.
About Muharram:
Muharram is the first month of the Islamic Hijri calendar and is one of Islam's four sacred months. It began on June 27, 2025. The month symbolizes sacrifice, unity, peace, and harmony. During this period, warfare is forbidden, and Muslims engage in increased worship.
In conclusion, despite the religious significance of Muharram, July 7, 2025, will not be a market or public holiday. The NSE and BSE will conduct regular operations, and banks will be open.
