Eid 2025 Holiday India: Are offices, banks, colleges, and schools closed on June 6 and 7? Here's what's open and what's closed state-wise
Tired of too many ads?
Remove Ads
Eid Holiday 2025: Banks to remain closed in many cities
Eid 2025 Holiday: Stock markets to remain open
Tired of too many ads?
Remove Ads
Eid 2025 Holiday for Government offices
Eid 2025 Holiday: Schools and colleges to stay closed
Eid al-Adha, also known as Bakrid, is expected to be observed in India this weekend, depending on the sighting of the crescent moon. In observance of the Islamic festival, several institutions across the country including banks, government offices, and educational institutions will be closed.Eid al-Adha, one of the most significant Islamic festivals, marks the willingness of Prophet Ibrahim to sacrifice his son Ishmael. The holiday is observed across India and other Muslim-majority regions, and its exact date is subject to the appearance of the moon.On Friday, June 6, 2025, banks in Thiruvananthapuram and Kochi will remain closed for Bakrid. On Saturday, June 7, 2025, banks across the rest of the country will be closed, except in Ahmedabad, Gangtok, Itanagar, Kochi, and Thiruvananthapuram.Since June 7 is the first Saturday of the month, banks in these five cities will function as usual despite the festival.The Indian stock markets — NSE and BSE — will remain open on both Friday, June 6, and Saturday, June 7, 2025. As per the official holiday calendar, Bakrid is not a trading holiday for the stock exchanges.Most government offices across India will observe a holiday on Saturday, June 7, 2025, as Bakrid is listed as a gazetted holiday. The Ministry of Personnel, Public Grievances and Pensions has issued a notification stating that any changes in holiday dates for offices in Delhi, based on moon sighting, will be confirmed in consultation with the Government of NCT of Delhi.'For offices outside Delhi, the Central Government Employees Welfare Coordination Committees in State Capitals can change holiday dates for Idu'lFitr, Idu'l Zuha, Muharram, and Id-e-Milad, based on decisions from State Governments or Union Territories,' the Ministry notice adds.Most schools and colleges across India are expected to remain closed on Saturday, June 7, 2025, for Eid al-Adha. However, the holiday date may vary depending on the official announcement following the moon sighting.Educational institutions will follow state or local government notifications regarding holiday observance.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
5 hours ago
- Mint
M-cap of 6 of top-10 top firms falls by ₹2.2 lakh crore: Check for winners and losers
The combined market valuation of six of India's top-10 most valued companies eroded by ₹ 2.22 lakh crore last week. The downturn was a result of a bearish trend in the equity market, with the BSE benchmark Sensex dropping 294.64 points or 0.36%. "Markets ended lower for the fourth straight week as caution prevailed amid mixed cues. The market's direction was initially influenced by earnings announcements, with the banking sector showing strength due to positive results from HDFC Bank and ICICI Bank. However, a dip in stocks like Reliance capped the recovery. Furthermore, foreign fund outflows and uncertainty over trade deals ahead of the August 1 deadline kept volatility high," said Ajit Mishra, SVP, Research, Religare Broking Ltd. Reliance Industries and Infosys were the worst-hit among the top 10 firms, mirroring the market downturn. These firms suffered a combined erosion of ₹ 2,22,193.17 crore from their market valuation. Here are the firms who were the most affected due to the trend: Reliance Industries: The valuation of the largest company by market cap tumbled ₹ 1,14,688 crore to ₹ 18,83,856 crore, the most during the period. 1,14,688 crore to 18,83,856 crore, the most during the period. Infosys: The tech giant faced an erosion of ₹ 29,475 crore to ₹ 6,29,622 crore from its market capitalisation. 29,475 crore to 6,29,622 crore from its market capitalisation. Tata Consultancy Services (TCS): Its m-cap dropped by ₹ 20,080 crore to ₹ 11,34,035 crore. Bajaj Finance: The m-cap of the firm declined by ₹ 17,524 crore to ₹ 5,67,769 crore 17,524 crore to 5,67,769 crore Hindustan Unilever: The company's valuation fell by ₹ 17,340 crore to ₹ 5,67,450 crore. 17,340 crore to 5,67,450 crore. Life Insurance Corporation of India (LIC): The valuation of LIC tanked ₹ 23,087 crore to ₹ 5,60,743 crore HDFC Bank: The bank's market valuation jumped ₹ 37,162 crore to ₹ 15,38,079 crore. 37,162 crore to 15,38,079 crore. Bharti Airtel: The m-cap of firm climbed ₹ 20,841 crore to ₹ 11,04,840 crore 20,841 crore to 11,04,840 crore ICICI Bank: The bank also registered gains by adding ₹ 35,814 crore, taking its valuation to ₹ 10,53,823 crore. State Bank of India: Its valuation went up by ₹ 9,685.34 crore to ₹ 7,44,449.31 crore. Reliance Industries retained the title of the most valued firm of India, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and LIC.
Mint
7 hours ago
- Mint
M-cap of 6 of top-10 top firms falls by ₹2.2 lakh crore: Check for winners and losers
The combined market valuation of six of India's top-10 most valued companies eroded by ₹ 2.22 lakh crore last week. The downturn was a result of a bearish trend in the equity market, with the BSE benchmark Sensex dropping 294.64 points or 0.36%. "Markets ended lower for the fourth straight week as caution prevailed amid mixed cues. The market's direction was initially influenced by earnings announcements, with the banking sector showing strength due to positive results from HDFC Bank and ICICI Bank. However, a dip in stocks like Reliance capped the recovery. Furthermore, foreign fund outflows and uncertainty over trade deals ahead of the August 1 deadline kept volatility high," said Ajit Mishra, SVP, Research, Religare Broking Ltd. Reliance Industries and Infosys were the worst-hit among the top 10 firms, mirroring the market downturn. These firms suffered a combined erosion of ₹ 2,22,193.17 crore from their market valuation. Here are the firms who were the most affected due to the trend: Reliance Industries: The valuation of the largest company by market cap tumbled ₹ 1,14,688 crore to ₹ 18,83,856 crore, the most during the period. 1,14,688 crore to 18,83,856 crore, the most during the period. Infosys: The tech giant faced an erosion of ₹ 29,475 crore to ₹ 6,29,622 crore from its market capitalisation. 29,475 crore to 6,29,622 crore from its market capitalisation. Tata Consultancy Services (TCS): Its m-cap dropped by ₹ 20,080 crore to ₹ 11,34,035 crore. Bajaj Finance: The m-cap of the firm declined by ₹ 17,524 crore to ₹ 5,67,769 crore 17,524 crore to 5,67,769 crore Hindustan Unilever: The company's valuation fell by ₹ 17,340 crore to ₹ 5,67,450 crore. 17,340 crore to 5,67,450 crore. Life Insurance Corporation of India (LIC): The valuation of LIC tanked ₹ 23,087 crore to ₹ 5,60,743 crore HDFC Bank: The bank's market valuation jumped ₹ 37,162 crore to ₹ 15,38,079 crore. 37,162 crore to 15,38,079 crore. Bharti Airtel: The m-cap of firm climbed ₹ 20,841 crore to ₹ 11,04,840 crore 20,841 crore to 11,04,840 crore ICICI Bank: The bank also registered gains by adding ₹ 35,814 crore, taking its valuation to ₹ 10,53,823 crore. State Bank of India: Its valuation went up by ₹ 9,685.34 crore to ₹ 7,44,449.31 crore. Reliance Industries retained the title of the most valued firm of India, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, Bajaj Finance, Hindustan Unilever and LIC. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
7 hours ago
- Mint
NSDL IPO opens next week: GMP, price, date, other details in 10 points
The most awaited National Securities Depository Ltd. (NSDL) initial public offering (IPO) is all set to hit the primary market next week. The NSDL IPO will open for subscription on July 30 and close on August 1. NSDL IPO is a book-building of ₹ 4,011.60 crores. The issue is entirely an offer for sale of 5.01 crore shares. The NSDL IPO has allocated up to 50 per cent of the shares for Qualified Institutional Buyers (QIBs), at least 15 per cent for Non-Institutional Investors (NIIs), and a minimum of 35 per cent for retail investors. Additionally, up to 85,000 equity shares are set aside for eligible employees, who will also receive a discount of ₹ 76 per share under the employee reservation segment. This IPO is entirely an offer for sale, involving up to 5.01 crore equity shares being sold by existing shareholders. IDBI Bank plans to divest up to 2.22 crore shares, the National Stock Exchange (NSE) aims to sell up to 1.80 crore shares, while the State Bank of India (SBI) will offer up to 40 lakh shares. HDFC Bank and Union Bank of India intend to sell up to 20 lakh and 5 lakh shares, respectively. NSDL IPO date: The IPO will open for subscription on July 30 and close on August 1. NSDL IPO price band: NSDL IPO price band is set at ₹ 760 to ₹ 800 per share, with a face value of ₹ 2 per share. NSDL IPO size: The IPO is a book-building of ₹ 4,011.60 crore and is entirely an offer for sale of 5.01 crore shares. NSDL IPO lot size: The minimum amount of investment required by an retail is ₹ 13,680 (18 shares). NSDL IPO reservation: 50 per cent reserved for QIB, 35 per cent reserved for retail and 15 per cent for NIIs. NSDL IPO allotment date: The allotment for the NSDL IPO is expected to be finalized on Monday, August 4. NSDL IPO listing date: The IPO will be list on BSE with a tentative listing date fixed as Wednesday, August 6. NSDL IPO lead manager: ICICI Securities Limited is the book-running lead manager. NSDL IPO registrar: MUFG Intime India Private Limited (Link Intime) is the registrar for the issue. NSDL IPO GMP: The shares of NSDL IPO is trading at ₹ 145 in the grey market. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
