Today

2024 - 9 - 16

Banks Closed, Markets Open: Eid-e-Milad Madness!

bank holidays 2024 Bank holidays in India - Bank Nifty - Eid-e-Milad-un-Nabi - Maharashtra bank holidays - Public holidays in India - Stock market trading - bank holidays 2024

Eid-e-Milad brings bank closures across states, but stock markets are buzzing! Find out the details and strategies to navigate this festive day!

As September 16 rolls in, the festive vibe of Eid-e-Milad fills the air! This special day commemorates the birth of the Prophet Muhammad and is observed with great fervor in many parts of India. However, it poses a situation for those who need to complete banking transactions, as several public and private sector banks are closed across states like Maharashtra, Gujarat, and Karnataka. Don’t fret just yet; while the physical branches aren’t open for business, online banking is still up and running, allowing you to transfer money or pay bills from the comfort of your home.

On the other hand, if you're looking for some action in the financial markets, you’re in luck! The Indian stock markets decided to keep their doors open despite the bank closures. So if you're eyeing the stock trends or considering investing in Bank Nifty options, today may still give you a chance to capitalize on the bullish sentiment that's currently sweeping through the indices. Experts like Rahul Ghose are buzzing about increased put writing, indicating a strong bullish view as traders expect the index to continue its upward trend. Talk about a win-win situation!

For those navigating the intricacies of Nifty 50 and Sensex, today is packed with potential. With Sensex starting the week on a positive note and traders anticipating a favorable impact from U.S. policies, many investors might sense that now is the perfect moment to jump into the market. So while your local bank may be closed for observing Eid, your investment opportunities remain wide open, proving that timing is everything in trading.

And speaking of timing, did you know that the Prophet Muhammad's birthday is marked by followers around the world, showcasing a rich cultural significance? Additionally, in India, this day is combined with a public holiday for many businesses including schools and colleges, as we honor the values of peace and community that this day symbolizes. So, don’t forget to enjoy some eid delicacies, even if your bank doesn’t want to share their secrets today!

Post cover
Image courtesy of "Livemint"

Eid-e-Milad bank holiday: Are banks closed today, on September 16 ... (Livemint)

On September 16, public and private sector banks are closed in several states for Eid-e-Milad. Notably, Maharashtra banks will remain closed on September ...

Post cover
Image courtesy of "The Economic Times"

stock market holiday: Is the stock market closed for Eid today? - The ... (The Economic Times)

Indian stock markets will remain open on September 16, the day of Eid-e-Milad-un-Nabi. Markets will be closed on Mahatma Gandhi Jayanti, Diwali, ...

Post cover
Image courtesy of "Hindustan Times"

Eid-e-Milad-un-Nabi holiday: Are banks closed or open today ... (Hindustan Times)

Banks are closed in many states for Eid-E-Milad-un-Nabi. Online banking remains available for transactions despite branch closures.

Post cover
Image courtesy of "Livemint"

Bank Nifty Trading Strategy Today: How to trade Bank Nifty options ... (Livemint)

Bank Nifty option writing data shows increased writing in puts after the rally, indicating bullishness to continue in the index, says Rahul Ghose.

Post cover
Image courtesy of "Moneycontrol.com"

Bank holiday today: Are banks open or shut in your city on the ... (Moneycontrol.com)

Banks are shut in Gujarat, Maharashtra, Karnataka and other states to observe Eid-e-Milad.

Post cover
Image courtesy of "DNA India"

Eid-e-Milad 2024 Holiday: Schools closed in Delhi, Telangana today ... (DNA India)

According to Islamic tradition, the Prophet was born in Mecca around 570 AD. Several states have declared a holiday for schools and colleges.

Post cover
Image courtesy of "The Economic Times"

Sensex Today | Stock Market LIVE Updates: Sensex, Nifty trade flat ... (The Economic Times)

Sensex Today | Stock Market LIVE Updates | Sensex and Nifty started the week on a positive note on Monday, as traders look to the potential impact of a U.S. ...

Post cover
Image courtesy of "Livemint"

Stock market today: Trade setup for Nifty 50 to US Fed rate cut, five ... (Livemint)

Stock Market Today: Benchmark indices on Friday though ended a tad lower , nevertheless Nifty-50 ended with weekly gains of 2% indicating positive short ...

Post cover
Image courtesy of "Livemint"

Latest Market News Today Live Updates September 16, 2024: Stree ... (Livemint)

Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined).

Post cover
Image courtesy of "Hindustan Times"

Latest News, Live Updates Today September 16, 2024: NYT ... (Hindustan Times)

Welcome to the live updates platform for Hindustan Times. Follow all the major news updates, headlines and breaking news stories from India and around the ...

Post cover
Image courtesy of "Business Standard"

Eid-e-Milad 2024 bank holiday: Are banks closed today? Check ... (Business Standard)

On September 16, public and private sector banks are closed in multiple states on the occasion of Eid-e-Milad. Here's all you need to know: Eid-e-Milad 2024 ...

Post cover
Image courtesy of "Moneycontrol.com"

First Tick: Top 10 global cues for today's trade (Moneycontrol.com)

Indian benchmark indices Sensex and Nifty 50 are likely to open on a positive note on September 16, tracking cues from GIFT Nifty trading near 25,428.50, ...

Post cover
Image courtesy of "Times of India"

Stock market today: Sensex climbs over 250 points to 83140.76 ... (Times of India)

India Business News: Stock markets edged up slightly on Monday as investors awaited the Fed rate cut announcement later this week.

Post cover
Image courtesy of "NDTV Profit"

Stock Market Today: All You Need To Know Before Going Into Trade ... (NDTV Profit)

The NSE Nifty 50 and the S&P BSE Sensex ended Friday's session in loss as Reliance Industries Ltd. and ITC Ltd. dragged. However, the Indian benchmark stock ...

Post cover
Image courtesy of "ET Now"

Stock Market Holidays 2024: Are Exchanges Closed or Open Today ... (ET Now)

New Delhi: On September 16, banks in several cities across India will be closed in observance of Eid-E-Milad, also known as Milad-un-Nabi, which marks the birth ...

Post cover
Image courtesy of "Livemint"

Trending News Today Live Updates on September 16, 2024 : Uttar ... (Livemint)

Trending News Today Live Updates on September 16, 2024: Stay updated with the most talked-about topics and breaking stories from around the world.

Post cover
Image courtesy of "Hindustan हिंदी"

Hindustan Aeronautics share price Today Live Updates : 4603 रुपये ... (Hindustan हिंदी)

हम आपको Hindustan Aeronautics के शेयरों में आने वाले उतार-चढ़ाव का पल-पल का अपडेट यहां दे रहे हैं। Hindustan Aeronautics के शेयर 16 Sep 2024 को ...

Post cover
Image courtesy of "अमर उजाला"

UP News Today Live: उत्तर प्रदेश ब्रेकिंग न्यूज़, पढ़ें 16 सितम्बर के ... (अमर उजाला)

UP: उम्र को पीछे छोड़ नए कीर्तिमान गढ़ रही यह जोड़ी, सिडनी मैराथन में ...

Post cover
Image courtesy of "Samayam Telugu"

Gunde Ninda Gudi Gantalu Today సెప్టెంబర్ 17 ఎపిసోడ్: 'శ్రుతి నాది ... (Samayam Telugu)

Gunde Ninda Gudi Gantalu 2024 september 17 Episode: ఇక సురేంద్ర, శోభన కలసి.. కడప రౌడీ నీలకంఠం ఇంటికి శ్రుతిని పూజ ఉందని అబద్దం చెప్పి ...

Post cover
Image courtesy of "Hindustan Times Telugu"

Gundeninda Gudigantalu Today Episode: రవి లవర్‌కు గన్‌ పెట్టిన సంజు ... (Hindustan Times Telugu)

Gundeninda Gudigantalu Serial September 17th Episode: గుండెనిండా గుడిగంటలు సీరియల్ సెప్టెంబర్ 17వ తేది ఎపిసోడ్‌లో శ్రుతికి సంజుతో పెళ్లి చూపులు జరుగుతాయి ...

Explore the last week