Financial Markets Closed: Is BSE, NSE Shutdown for Eid-e-Milad?
As we kick off the trading week on September 5, 2025, the market is abuzz with anticipation. The Securities and Exchange Board of India (SEBI) is yet to decide whether the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) will be closed on Eid-e-Milad, scheduled for a later date this year.
In other news, Union Minister Piyush Goyal has dismissed US tariffs on India as a 'blip', expressing confidence in the long-term strength of the bilateral ties. Goyal also praised the Goods and Services Tax (GST) reforms as a game-changing move for India's growth. The GST rate revision, according to SBI Research, could potentially reduce inflation by up to 75 basis points in FY26.
Mukesh Ambani, the chairman of Reliance Industries, has hailed the GST 2.0 as a historic 'Diwali gift' to India and pledged to pass on the benefits. The Nifty prediction for today is a subject of discussion, with experts pondering whether the GST reforms will trigger a market rally or a dip.
Today, stocks to watch include Varun Beverages, NTPC, Zydus Lifesciences, IHCL, and several others. The stock markets are being closely followed on ET Now Live TV.
It's also worth noting that on September 8, 17 stocks will turn ex-date with various events such as dividend, stock split, bonus issue, and right issue.
This article was updated on September 5, 2025, and is authored by Abhay Shukla. For the latest business news, tune into ET Now.
Lastly, it's important to remind our readers that settlement holidays, such as those for festivals like Eid-e-Milad, may affect the trading schedule of the BSE and NSE. We will keep you updated as more information becomes available.
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