Overview

• All major segments on the exchanges are shut for the day, including equities, equity derivatives, SLB, currency, EGR, and multiple debt and repo platforms, per the official holiday calendars.
• Commodity trading pauses in the morning, with MCX reopening for the evening session from 5:00 pm to 11:30/11:55 pm, while NCDEX remains closed for the entire day.
• Banks are closed in cities such as Mumbai, Belapur, Nagpur, Ahmedabad, Bengaluru, Bhubaneswar, Chennai, Hyderabad, Panaji and Vijayawada, though digital channels and ATMs continue to operate.
• Normal market hours resume on Thursday, August 28, with pre‑open at 9:00 am and regular equity trading from 9:15 am to 3:30 pm.
• The closure follows a sharp sell‑off on Tuesday—Sensex down 849 points and Nifty 50 off 256—as additional 25% US duties take effect today, lifting tariffs on many Indian exports to about 50%.