look news india
Moharram, which symbolizes the beginning of the Islamic New Year, will be celebrated on July 6 or 7, 2025 this year. Its date will be fixed on the basis of the moon, but if the moon is not visible on 6 July, then it will be celebrated on 7 July. On this day, there will be a public holiday across India, which means that schools, colleges, government offices, post offices and many private offices will remain closed. The general public is advised to handle the necessary work in advance.
Financial institutions and markets will also be closed
Banks and financial institutions will also not work on the day of Moharram, which will affect common banking services. The stock market and commodity exchange will also keep trading closed on this day. Equity, equity derivatives, SLB, currency derivatives and interest rate derivatives will be closed in all sections in the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). However, the Multi Commodity Exchange (MCX) will remain closed in the morning session, but the trading will start again from 5:00 pm to 11: 30/11: 55 pm.
Importance of Moharram
Moharram is one of the four sacred months of the Islamic calendar. The tenth day of this month, called Ashura, is particularly important for Shia Muslims. On this day, he celebrates the martyrdom of Imam Hussain Ibn Ali, the grandson of Prophet Muhammad, in the battle of Karbala.
