BANK CLOSED
Saturday bank holiday: Are banks open or closed this Saturday, July 6?
Saturday bank holiday: In India, are closed on the second and fourth Saturdays of each month, as well as on Sundays and national and regional holidays. However, on the first, third, and fifth (if applicable) Saturdays, private and public sector banks are open unless there is a specific holiday on that day. This schedule provides an insight into the banking operations in India.
Nifty Bank hits record highs but pares gains to close flat above 53,000
The bank index saw a modest gain of 14 points, closing at 53,103, after hitting an intraday record high of 53,357. The Nifty50 also rose by 16 points, closing at 24,302. There was notable buying interest in Bank of Baroda, Kotak Bank, AU Small Finance Bank, and ICICI Bank. Conversely, selling pressure was observed in SBI, IndusInd Bank, Bandhan Bank, and HDFC Bank.
Japan's main stock indexes at record closing highs as banks, autos and techs rise
Japan's Topix and Nikkei hit record highs, led by gains in automakers, banks, and tech firms like Toyota, Honda, Mitsubishi UFJ, Advantest, and SoftBank. Yugo Tsuboi cited interest rates, a weak yen, and economic improvement. The TSE’s prime market saw 59% of stocks rise, with a positive corporate outlook expected, according to Daiwa Securities.
SoftBank trades above record-high close in win for Masayoshi Son
SoftBank's shares surge on AI and chip investments, led by Masayoshi Son's strategic moves with key partnerships and focus on energy-efficient architecture. Despite market volatility and past setbacks, the company remains a prominent player in the global tech landscape.
Bank holidays in July 2024: Banks will be closed for 12 days in July; here’s the full state-wise bank holiday list
Bank holidays in July 2024: During the month of July 2024, banks will remain closed for a total of 12 days across various states. You should make sure that you have registered for these services to avail banking services on the go. Below is the comprehensive list of bank holidays categorized by state.
Are banks open or closed today?
Saturday bank holiday 2024: As per the regulations, all banks will be closed on Sundays, second and fourth Saturdays, and national and regional holidays. ATMs will be available throughout these holidays, and internet banking services will remain operational.
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Rupee closes higher, outperforms most Asian peers in first half of 2024
RBI interventions and global economic factors propelled the rupee's resilience. The JPMorgan index inclusion and current account surplus contributed to the rupee's strength against the dollar amidst changing global market dynamics.
Japan's Nikkei closes at highest since mid-April as value shares rally
Japan's Nikkei share average rose on Tuesday to its highest close in more than two months, as investors shifted focus to value stocks from semiconductor and other high-tech, while a weaker yen also lent support to export-related shares.
Rupee closes higher on uptick in Asian FX, foreign banks' dollar sales
The Indian rupee closed stronger on Monday at 83.4600 against the U.S. dollar, supported by gains in most Asian currencies. The Indonesian rupiah led the gains, while dollar sales from foreign banks helped the rupee, despite oil companies' bids eroding some gains.
Nifty Bank closes flat but above 51,700; immediate resistance seen around 52,000: Experts
HDFC Bank, Bank of Baroda, ICICI Bank, and AU Small Finance Bank led gains while selling was seen in SBI, Axis Bank, PNB, and IndusInd Bank. Bank Nifty has the highest PE OI at a 51,000 strike price, while the maximum CE OI is at 52,000, indicating this week’s expiry range to confide within 51,000 to 52,000, data showed.
Japan's Nikkei closes lower as tech shares drag; value stocks up
Japan's Nikkei share average closed slightly lower on Friday due to losses in technology shares, offsetting gains in value stocks amidst a weak yen and higher yields.
These Paytm wallets will be closed on July 20, 2024
Latest on Paytm: In March, the Reserve Bank of India (RBI) issued guidelines that prohibit Paytm Payments Bank Account/Wallet from receiving new deposits or authorizing credit transactions beyond March 15, 2024.
Saturday bank holiday June 2024: Are banks closed this Saturday, June 22?
Saturday bank holiday June 2024: Both private and public sector banks will remain closed on all national holidays, state regional holidays, the second and fourth Saturdays of each month, as well as on all Sundays.
PNB to close some dormant A/Cs
Punjab National Bank will close dormant accounts inactive for over three years to prevent misuse, unless KYC documents are submitted; exemptions include accounts linked to DEMAT, lockers, student accounts, and those frozen by statutory bodies.
Sensex extends record closing run to 4th session; Nifty slips below 23,550 levels
From the Sensex pack, Axis Bank and HDFC Bank were the top gainers, rising over 3% each. ICICI Bank, Kotak Mahindra Bank, IndusInd Bank, and SBI were other top index gainers. On the flip side, Titan, Bharti Airtel, Maruti, L&T, and NTPC were the top laggards.
Nifty Bank closes above 50K; next target seen around 51000: Experts
Nifty Bank concluded the volatile week above 50K with weekly gains of 0.4%. It managed to recoup losses, leaving the bulls content. From the index, Federal Bank, Bank of Baroda and PNB saw buying activity and closed with gains of over 1% each. Selling was seen in SBI, IndusInd Bank and AU Small Finance Bank.
Saturday bank holiday: Are banks closed today?
Saturday bank holiday: Banks are closed on the second Saturday of the month, as well as on Sundays and the fourth Saturdays.
Rupee logs best intraday rise in over five months
The rupee's strengthening also spurred importer hedging on Monday, which eroded the currency's gains, while traders also cited bids from state-run banks when the local currency rose above 83.
Saturday bank holiday: Are banks closed today?
Bank holidays in June 2024: Banks across India are closed on national holidays and state-specific holidays along with second and fourth Saturdays in the month and all Sundays. The central bank designates certain holidays under the Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays, and Banks' Closing of Accounts.
Tokyo's key Nikkei index closes lower
Tokyo's main stock index closed lower on Tuesday, in line with broad losses in Asia, as investors look ahead to the release of key US inflation data. Global investors are keenly awaiting the release Friday of the US personal consumption expenditures index, the Federal Reserve's preferred gauge of inflation, hoping for an idea about the central bank's plans for interest rates.
Nifty Bank at 3-week high; 50K in sight but it requires to close above 49,600: Experts
On Monday, the Nifty Bank index continued its outperformance, marking its third consecutive day of gains. The banking index surged by 310 points, closing at 49,281. In contrast, the Nifty50 witnessed a slight decline of 24 points, closing below the 23,000 mark.
June bank holidays: Banks are closed for 10 days in June 2024; check dates, full state-wise list
Holidays include state-wise regional holidays along with second and fourth Saturdays in the month and all Sundays. Note that this month has five Sundays.
Lok Sabha Elections 2024 bank holiday: In which cities are banks closed today for Phase 6 of elections?
Banks will be closed in Orissa and Tripura on the occasion of Nazrul Jayanti on May 25. Banks in India are closed on Sundays, second, fourth Saturday’s of the month, as per the Reserve Bank of India's (RBI) regulations.
Buddha Purnima bank holiday 2024: Are banks closed today? Check state-wise list
Buddha Purnima bank holiday 2024: Many banks are closed today for Buddha Purnima, which is an important holiday for Buddhists around the world. Buddha Jayanti, also known as Vesak, is celebrated on the Full Moon Day of May (Vaisakh).
Bank holiday for Lok Sabha elections: Banks closed today in these cities for phase 5 of elections
Bank holiday for Lok Sabha phase 5 elections: The fifth phase of voting for the 18th Lok Sabha elections is scheduled for May 20. On the days of voting, banks in various cities will be closed. Here is a look at the cities where banks will be closed for the fifth phase of the elections.
Saturday bank holiday: Are banks closed today?
Saturday bank holiday: The first, third, and fifth Saturdays of the month are bank working days. So, bank customers must make sure that the bank is working on that particular Saturday before visiting the branch.
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