Will the Stock Market Be Open or Closed Tomorrow on Feb 19 for Shiv Jayanti?

In several regions of India, banks will be closed on Wednesday, February 19, 2025, in observance of Chhatrapati Shivaji Maharaj Jayanti, however, the stock markets will be open as usual. This significant occasion marks the birth anniversary of Chhatrapati Shivaji Maharaj, the founder of the Maratha Empire, and is widely celebrated in Maharashtra. 

The state recognizes this day as a public holiday, with various cultural events, processions, and official ceremonies taking place to honor the legacy of this great warrior and ruler.

Impact on Stock Markets

The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), trading will be open and follow the usual schedule from 9:15 AM to 3:30 PM.

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Banking Services

As per the Reserve Bank of India's (RBI) holiday calendar for 2025, Maharashtra will observe a public holiday on February 19. Consequently, individuals planning essential banking transactions on this day should make necessary adjustments to their schedule. Bank branches across Maharashtra will remain closed, impacting in-person banking services such as cash deposits, withdrawals, cheque clearances, and loan-related activities.

However, customers can continue to access digital banking services, including internet banking, UPI transactions, and mobile banking applications. ATMs will also remain operational, ensuring that basic banking functions like cash withdrawals and balance inquiries are not disrupted.

It is important to note that this closure is specific to Maharashtra and will not affect banking services in other Indian states. Banks in regions where February 19 is not a public holiday will function as usual, allowing customers in those areas to carry out their banking activities without any disruption.

Plan Ahead for Banking Needs

Customers in Maharashtra should plan their banking activities accordingly to avoid inconvenience due to the holiday. Since branch services will not be available, individuals who need to complete urgent transactions should do so before or after February 19. Meanwhile, businesses and financial institutions should also make necessary arrangements to ensure smooth financial operations despite the temporary closure.

While traditional banking services will be unavailable in Maharashtra on this day, the convenience of digital banking ensures that most essential transactions can still be conducted seamlessly.