Chandni Chowk is a shoppers paradise in true sense. The narrow streets of Chandni Chowk have shops that are struggling for space. However, shopping at Chandni Chowk is different level of fun. The kind of variety you get there is unmatchable and that too, at the most reasonable prices. Chandni Chowk Market: Open Closed Day & Time, Famous For? Chandni Chowk , an iconic marketplace in Old Delhi, India, captivates visitors with its vibrant history and bustling atmosphere. Dating back to the 17th century, it was once the grandest street in the Mughal capital, Shahjahanabad. " Chandni Chowk " translates to "Moonlit Square," an allusion to the moonlight that once adorned the area's grandeur. Today, it remains a bustling hub of commerce, showcasing many shops, street vendors, and ... The Chandni Chowk (meaning Moonlight Square) is a Street market square it is one of the oldest and busiest markets in Old Delhi, [1] India. Located close to the Old Delhi railway station, the Mughal-era Red Fort is located at the eastern fringes of Chandni Chowk . Chandni Chowk retained its elite status into the early 18th century, before the fortunes of the royal family began to decline. It was the place for important people to gather and shop for expensive jewelry, gemstones and perfumes. However, the walled city and Chandni Chowk were repetitively invaded and plundered during the long period of instability following Emperor Aurangzeb's death in 1707.