Amid the ongoing tension in India Pakistan, mock drills will be done across the country on May 7 for the protection of citizens in a situation like possible air strikes from Pakistan. In such a situation, whether the stock markets or banks are open today or closed, it is important for you to know. Bank and stock markets will be open on Wednesday, May 7, 2025, amidst the plan to conduct mock drills to repeat the situation like Emergency after the Pahalgam terror attack. Investors will be able to trading like the rest of the business days.
The first emergency situation after 1971
Let me tell you, this is the first emergency situation since 1971, when on Tuesday, 22 April, terrorists attacked and killed 26 people in Pahalgam, Kashmir. People across the country want to know whether the stock market and bank will open on May 7 or not. According to the official stock exchange data, the Indian stock market will not be closed due to the mock drill going on on May 7. Apart from the stock markets, the banking sector (including private and public sector banks) will also be open on Wednesday. According to the news, mock drills will be held in most states from 4 pm.
Stock market and bank holiday in May
Apart from regular weekend holidays every Saturday and Sunday, the stock market holiday in May 2025 was on the occasion of Maharashtra Day on May 1, 2025. Talking about the bank, there are many holidays in different states in May. For example, on May 9, banks will remain closed in Bengal including Kolkata on the occasion of Rabindranath Tagore’s birth anniversary.
Similarly, on May 12, banks will remain closed across India due to Buddha Purnima holiday. Banks will remain closed on 16 May to commemorate State Day in Sikkim. On May 26, banks will remain closed in Tripura on the occasion of Kazi Nazrul Islam’s birthday. On May 29, banks will be closed in Himachal Pradesh to commemorate Maharana Pratap Jayanti.
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