Overview

• Equity and derivatives trading ran on the usual 9:00–16:00 schedule on Friday, with both NSE and BSE fully operational.
• The RBI designated Monday, Sept. 8, as a settlement holiday with no transactions in government securities, foreign exchange, money markets, or rupee interest rate derivatives.
• Bank branches were closed for the festivals in multiple cities including Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kochi, Thiruvananthapuram, and others under the RBI holiday calendar.
• Maharashtra moved the Eid-e-Milad public holiday for Mumbai city and suburban districts to Sept. 8 to avoid a clash with Anant Chaturdashi processions.
• Investors may see demat share credits reflect after Sept. 9 as depositories do not process settlements during the Sept. 5 and Sept. 8 holidays, and fund payouts are paused.