New Delhi, Sept. 5 -- Several cities in India have both school and bank holidays on Friday, September 5, in observance of Thiruvonam and Milad-un-Nabi, also known as Eid-e-Milad. However, trading activities on stock exchanges, NSE and BSE, will remain open on September 5, so today is not a stock market holiday.

Thiruvonam, particularly celebrated in Kerala, marks the final and most significant day of the Onam festival.

Milad-un-Nabi commemorates the birth of Prophet Muhammad, the revered founder of Islam. It is important to note that Sunnis observe this day on the 12th of Rabi al-awwal while Shi'as mark it on the 17th day of the month.

According to the list of gazetted holidays mentioned in the 2025 calendar, the Milad-un-Nabi festival...