"All retailers, wholesalers and jewellers will keep their establishments in Mumbai, including Zaveri Bazar, closed on Monday," said Kumar Jain, the vice president of Mumbai Bullion Association.
On a routine day, the retailers, wholesalers and bullion traders do a business of around Rs 250 crore.
Jain said though the shops in Zaveri Bazar are usually shut on Sunday, they chose to close down on Monday also.
