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India Markets Open Jan. 1 as RBI Lists State Bank Closures, Pakistan Sets Bank Holiday

The divergent calendars require careful planning around trading access, branch availability, settlement timing.

Overview

  • Both NSE and BSE will operate on Thursday, January 1, 2026 with regular hours, and the NSE’s 2026 calendar lists 15 full trading holidays starting with Republic Day on January 26.
  • Per the RBI’s state-wise schedule, bank branches will be shut for public transactions on January 1 in Mizoram, Tamil Nadu, Sikkim, Manipur, Arunachal Pradesh, Nagaland, West Bengal and Meghalaya, with branches elsewhere open.
  • Digital banking channels such as UPI, net banking, mobile apps and ATMs remain available on bank holidays, but over‑the‑counter services and cheque clearing will not be available where branches are closed.
  • Exchanges note that trading and settlement calendars can differ, so participants should account for possible settlement‑day constraints even when markets trade.
  • Pakistan’s State Bank has declared January 1 a nationwide bank holiday for all commercial banks, DFIs and microfinance banks, closing public dealings as staff handle internal operations.