Stock brokers' association Anmi has urged the government, exchanges, and SEBI to shift the Holi holiday to March 8 from March 7.
At present, stock exchanges, BSE and NSE, and markets regulator SEBI on their respective websites have listed March 7 as holiday on account of Holi.
The Association of National Exchanges Members of India (Anmi) informed the finance ministry, SEBI, stock exchanges, and depositories on Tuesday that the Holi festival will take place on March 8 rather than the March 7 exchange trading holiday declared.
As per a notification issued by the central government on June 22 last year, March 8, 2023 has been declared as a public holiday applicable for central administrative offices located in Delhi/ New Delhi.
Besides, Commodity Participants Association of India (CPAI) has made a similar request to the exchanges. It has asked exchanges to either shift the trading holiday from March 7 to March 8 or declare both days as trading holidays.
With inputs from Agencies.