Friday, May 3, 2024

Banks & stock markets together with government offices closed on Mahavir Jayanti

If you had any work in banks or stock market trading scheduled for today, adjust your plans immediately. True, due to Mahavir Jayanti celebrations taking place in many places around the nation, trade in the bank and stock markets is suspended. In addition to this, today is a holiday for all government offices. The RBI’s calendar for April 4th includes a holiday in honor of Mahavir Jayanti.

Banks

Two days off during this week

Regarding the stock market, the month of April has three holidays, and the present week has two. The stock market will be closed on April 4 in observance of Mahavir Jayanti, April 7 for Good Friday, and April 14 for the birth anniversary of Babasaheb Ambedkar. On April 4, the Multi Commodities Exchange’s (MCX) morning session will also be closed, along with the stock market. From 5 p.m. to 11.30 p.m., the evening session will be open.

Banks

Where will the holiday be?

On the occasion of Mahavir Jayanti, there are bank holidays in several places across the nation, according to the RBI calendar. Aizawl, Belapur, Bengaluru, Chandigarh, Chennai, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, and Ranchi are among the cities that have closed their banks on this day. Banking tasks here will now be completed on April 5, the next business day. There will be a bank holiday on April 5th as well due to Babu Jagjivan Ram Jayanti in Hyderabad. In addition, all government offices are closed today in observance of Mahavir Jayanti.

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