The Maharashtra government has announced a public holiday on September 8, 2025, for Eid-e-Milad-un-Nabi. However, both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain open for trading on Monday, as per the official market holiday calendar.
The Reserve Bank of India (RBI) has shifted the bank and clearing holiday to Monday, which directly impacts trade settlement. This means that while markets will function normally on both Friday, September 5, and Monday, September 8, stocks purchased on Friday cannot be sold on Monday. Settlement for trades on both days will only take place on Tuesday, September 9.
In simple terms, traders should note that Friday’s purchases will not reflect as deliverable holdings on Monday because of the adjusted settlement cycle. Therefore, selling those stocks before Tuesday is not permitted.
Eid-e-Milad, also known as Eid Milad-un-Nabi, is widely observed by the Muslim community to mark the birth anniversary of Prophet Muhammad. The state government shifted the holiday to September 8 to avoid overlap with Anant Chaturdashi festivities on September 6.
