Maharashtra Day: Is the stock market closed on Monday?

Indian equity markets, as well as the multi-commodity exchange, will remain closed on Monday due to Maharashtra Day. Analysts expect the current rally to continue as investors track fourth-quarter results and global trends. May has historically been a turbulent month, but data shows that investing in May has produced an average double-digit return 83% of the time by the end of the calendar year. The upcoming week is crucial with policy meetings from the US Fed and ECB and PMI data from the US, China, and India being keenly watched.

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