Neutral impactEconomy
Karwa Chauth 2026 Bank Holiday: Are Banks Open Or Closed On October 29?
NDTV Profit 3 hrs ago·28 Oct 2026, 11:06 pm
The Reserve Bank of India (RBI) has announced a bank holiday for Saturday, October 29, 2026, to mark the festival of Karwa Chauth. This closure applies to all public sector and private sector banks across the country. While this specific date is not a national holiday, it is a state holiday in several regions, meaning branches in those states will remain shut. Consequently, no financial transactions, including fund transfers or deposits, can be processed on this day.
For investors, this holiday means that the stock market will also remain closed. Trading on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will not take place on October 29. This pause in market activity is a routine part of the Indian calendar and does not impact the underlying value of any stock. It simply provides a break in the trading schedule for the upcoming festive season.
Key takeaways
- Category: Economy.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
