Mumbai: On the account of Ganesh Chaturthi, Stock markets kept closed for trading on Monday.
The forex and commodity futures markets also did not function. Stock markets will resume trade on Tuesday.
Ganesh Chaturthi is celebrated for 10 days to mark the birth of Lord Ganesha.
On Friday, equity markets ended with handsome gains as the Nifty reclaimed the 11.000 marks. The recovery was led by the banking stocks, just before Finance Minister Nirmala Sitharaman announced the amalgamation of 10 public sector banks into four big banks.