Shops, schools and other business establishments opened while transport services plied normally on all routes in the valley, police said.
The separatists had called for a shutdown on Saturday to protest against the killing of two youths in an army operation in Tral area of Pulwama district last week. Another youth was killed in police firing at Narbal on the day of shutdown, leading to more protests at some places in the valley.
The house arrest orders against the separatist leaders including Syed Ali Shah Geelani and Mirwaiz Umer Farooq were lifted this morning.
Geelani, Mirwaiz, Nayeem Khan and Mohammad Yasin Malik visited the residence of slain boy at Narbal.
The situation across the valley so far is peaceful, a police spokesman said.