A majority of wholesale markets and several commercial establishments across the country on Friday downed shutters as a mark of respect to former prime minister Atal Bihari Vajpayee.
The 93-year-old veteran politician who was ailing since long, breathed his last at the All India Institute of Medical Sciences (AIIMS) on Thursday.
"More than 8 lakh traders in Delhi and about 6 crore traders all over the country kept their business establishments closed and no business activity took place throughout the day," Confederation of All India Traders (CAIT) said in a statement.
CAIT claimed that in Delhi all major wholesale and retail markets were closed and the markets wore a deserted look.
Delhi Hindustani Mercantile Association President Anil Singhania said the Chandni Chowk market was shut to pay homage to Vajpayee.
However, Green Park Extension Market Association R C Gambhir said while wholesale markets in Delhi were shut, retail shops in Green Park were mostly open.
When contacted, President of Uttar Pradesh Traders Association Sanjay Patwari said between 60-70 per cent of all wholesale and retail markets in the state are closed in view of Vajpayee's demise.
President of All India Consumer Product Distributors Association Dhairyashi H Patil said major businesses including wholesale and distribution lines in Maharashtra were closed, some retail shops were open.
Convenor of CAIT's West Bengal Chapter Raja Roy said nearly 70 per cent of wholesale markets and retail shops were shut in the state whereas all major showrooms were also closed.
Founder and President of Tamil Nadu Consumer Products Distributors Association Ganesh Ram said many retail outlets across the state were shut.
President of Marble Traders Association in Chandigarh Harish Garg said 80-85 per cent of retail shops in the city as well as surrounding areas in Punjab were shut.
President of Jammu Traders Federation Neeraj Anand said while wholesale markets remained open, 40-50 per cent retail shops were closed.
President of India Bullion and Jewellers Association in Bihar Ashok Verma said all wholesale markets as well as retail establishments in the state were shut to pay homage to Vajpayee.