Muharram is the first month of the Islamic calendar and is considered very special for the Muslim community. In India, the date of Muharram is decided when the moon is seen, so every year its date is seen. Currently, Muharram holiday in 2025 has been declared on July 6 (Saturday), but if the moon is seen late one day, then this date can be 7 July (Sunday). This is the reason that holiday dates may also be different in different states of the country. In such a situation, people should keep an eye on the notice issued by local administration and school-college.
This day reminds me of peace, reverence and sacrifice, which is celebrated with special importance throughout the country. In many places, there is a public holiday on this day and markets, banks and other services are closed.
What is the importance of Muharram?
Muharram is the first month of Islamic New Year. It is one of the four sacred months of Islam. It has a lot of religious significance, especially for the Shia Muslim community. The 10th date i.e. ‘Ashura’ is remembered by the martyrdom of Hazrat Imam Hussain in the battle of Karbala.
The effect of holiday-what will be closed?
On the day of Muharram, there is a holiday all over the country. On this day government offices, banks, schools, post offices and many private institutions are closed. Especially the states where Muslim population is high, such as Uttar Pradesh, Maharashtra, Bengal, Telangana, special bandh is seen there.
Impact on stock market and banking
On the day of Muharram, business will be completely closed in Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Other than this:
There will also be no trading in currency, equity, derivatives, and SLB sections.
MCX (Multi Commodity Exchange) will remain closed in the morning session but will open from 5 pm to 11: 30/11: 55 PM.
Banks and other financial institutions will also remain closed. Therefore, take important transactions in advance.
School holiday or not?
Information about school and colleges holidays is given at the local level. In such a situation, parents should monitor school notices, district administration or local newspapers.
How is Muharram celebrated?
The day of Muharram is celebrated with prayer, peace, and reverence. In particular, the Shia Muslim community organizes mourning, procession and Majlis. The day is for paying tribute to the sacrifice of Hazrat Hussain and his comrades.
Gold Rate Today: Gold becomes cheaper on the first day of the month, know the gold rate of Tuesday 1 July