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Indian banks across various states will be closed on September 4 to observe Krishna Janmashtami. Customers should be aware that further closures will occur throughout the month for additional festivals and elections. It's essential to check local holiday schedules for branch services, although digital banking and ATMs will continue to function normally. Plan accordingly for any urgent in-person banking needs during these times.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/tTsfOre
On Thursday morning, the Indian rupee saw a notable rise, fueled by an influx of foreign-currency deposits that enhanced the foreign-exchange liquidity of the country. This robust support helped mitigate global economic pressures. Additionally, interventions from the Reserve Bank of India played a crucial role in the rupee's ascent, as domestic equities began the day on a positive note, signaling encouraging market sentiments.
Top stock market recommendations: Bank of Maharashtra, Glenmark Pharma, and Tata Technologies have been shared as the top stocks to buy today on September 3, 2026 by Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Group/Nuvama Wealth.
Stock market recommendations: Indusind Bank, Computer Age Management Services (CAMS), and Dixon Technologies (India) are the top stocks to buy that have been picked by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan for September 1, 2026.
The month of July 2026 witnessed a remarkable surge in non-food bank credit. Lending to various sectors, particularly services, industry, and agriculture, experienced significant growth. In particular, the growth in services credit was more than double that of the previous year, while industry lending also showed notable improvements. Additionally, personal loans peaked with impressive overall growth rates.
On Monday, the Indian rupee began its trading session lower versus the US dollar. The decline was influenced by rising crude oil prices and increasing geopolitical tensions. Furthermore, the prospect of a Federal Reserve rate hike has strengthened the dollar. In response, the Reserve Bank of India is taking measures to stabilize the rupee, while domestic stocks face downward pressure from foreign investors offloading shares.
Throughout September, gold and silver prices are likely to remain under pressure. Critical influences on trading will stem from forthcoming US employment data releases. Traders should be alert to how central bank anticipations and persistent geopolitical tensions will steer market dynamics. Special attention will be given to non-farm payrolls and unemployment rates, as market players speculate on possible shifts in Federal Reserve policy.
In September, banks throughout India will close for various festive occasions. On September 4th, multiple states will celebrate Janmashtami, resulting in branch closures. Following this, Ganesh Chaturthi on September 14th and 15th will also see numerous banks shut across different regions. Additional local holidays and elections will contribute to this schedule. However, customers can continue to access ATMs and digital banking services during these times.
