Stock market will open on Janmashtami, but banks will remain closed in some cities: Banks will not function in 16 cities, four market holidays are remaining this year

Banks will remain closed in many cities on Monday (August 26) on the occasion of Krishna Janmashtami. However, there is no stock market holiday tomorrow. This auspicious Hindu festival symbolizing the birth of Lord Krishna is celebrated with great enthusiasm by Hindus around the world. According to the BSE website, the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will also remain open for trading on the occasion of Janmashtami. At the same time, the Multi Commodity Exchange (MCX) will also trade normally in both the morning and evening sessions tomorrow. Banks will remain closed in many cities due to the festival
According to the Annual Bank Holiday List of the Reserve Bank of India (RBI), banks will remain closed in many cities on August 26 due to the festival. Tomorrow banks will remain closed in Gujarat, Odisha, Chandigarh, Tamil Nadu, Uttarakhand, Sikkim, Andhra Pradesh, Telangana, Rajasthan, Jammu, Srinagar, Uttar Pradesh, Bengal, Bihar, Chhattisgarh, Jharkhand, Meghalaya and Himachal Pradesh. The remaining holidays of the stock market in 2024, the market was bullish on Friday
The market was closed today on Sunday (25 August) and tomorrow on Saturday (24 August) due to holiday. Earlier, the market was open on Friday (23 August). On the last trading day of last week, the Sensex closed at 81,086 with a gain of 33 points. Nifty also rose by 11 points, it closed at 24,823.