Is May 29 a Holiday for Banks and Stock Market? Here's the Status

As we approach the end of May, many are wondering whether banks and the stock market are closed today, May 29, 2025. The answer depends on your location and the nature of the observance.

Bank Holiday in Some States for Maharana Pratap Jayanti

According to the Reserve Bank of India's (RBI) official holiday list, bank branches in Shimla will remain closed today, May 29, in observance of Maharana Pratap Jayanti. This regional holiday is specific to certain states like Himachal Pradesh, and not a nationwide banking holiday.

It is important to note that bank holidays in India are often region-specific, based on local festivals and state-specific celebrations. While Maharana Pratap Jayanti is observed in some states, banks in other parts of the country will remain open and operate as usual.

Recent Bank Holidays in May 2025

The month of May has seen several regional and national bank holidays, including:

• Maharashtra Din / Labour Day: May 1
• Panchayat Election 2025: May 7
• Birthday of Rabindranath Tagore: May 9
• Buddha Pournima: May 12
• State Day (Sikkim): May 16
• Birthday of Kazi Nazrul Islam: May 26 (Agartala only)
• Maharana Pratap Jayanti: May 29 (Shimla only)

Stock Market Holiday on May 29?

If you're an investor or trader wondering whether you can trade today, here's the good news: the stock market is open on May 29, 2025. The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are functioning normally today, as Maharana Pratap Jayanti is not recognised as a trading holiday on their official calendar.

Also Read: Hero FinCorp Gets SEBI Nod for ₹3,668 Crore IPO: Here’s What You Need to Know!

Conclusion

While banks in Shimla will remain closed today due to Maharana Pratap Jayanti, banks in most other parts of India are open. Additionally, the Indian stock market is not observing a holiday and remains open for regular trading. As always, it's best to check with your local branch or the official RBI holiday list for confirmation based on your location.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.