Stock market and banks will remain closed on 7th July? know when will be Muharram holiday?
Muharram Holiday 2025: The month of Muharram is the first month of the Islamic calendar. On this day, people of the Shia community mourn the martyrdom of Imam Hussain.
Muharram Holiday 2025: Muharram is the first month of the Islamic calendar. The 10th day of Muharram is called Yaum-e-Ashura. On this day, people of the Shia community mourn in the memory of Hazrat Imam Hussain. Now the question is whether Muharram will be celebrated on 6th or 7th July this year in India? This is important because banks, schools, colleges, government offices remain closed on the occasion of Muharram.
On which day will there be a holiday for Muharram?
The date of Muharram will be decided on the basis of sighting the moon. According to the calendar of the Government of India, July 6 is the date of Muharram. That is, officially there is a holiday on July 6 for Muharram. Since this day is Sunday, there will be no separate holiday.
Instead, there will be a holiday everywhere if Muharram falls on July 7. So far, there has been no mention of a holiday on July 7 in most institutions. According to the academic calendar of the Central Board of Secondary Education (CBSE), July 6 is the likely date of Muharram. It is important to note that there is no bank holiday on 7th July.
Will the stock market remain closed?
If Muharram is celebrated on July 7, then public holidays can be declared in states with high Muslim population like West Bengal, Maharashtra, Uttar Pradesh and Telangana. An official notification regarding this is expected to be issued soon. As far as the stock market is concerned, since there is no public holiday on this day, the markets will remain open and business will be carried out as usual.
The post Stock market and banks will remain closed on 7th July? know when will be Muharram holiday? first appeared on informalnewz.
News