There are plenty of parking options available in the vicinity of new market. The whole area is known as New Market but the actual market is known as the Hogg market. it was established by the British.
The area is extremely crowed on all the days of the year. Best time to visit is from 11 a.m. to 2 p.m. After 2, the market gets even more crowded and you won’t get a place to stand in the shops even.
There are variety of stores and hawkers available. They sell tops and bottoms, inner, soft toys, jewellery. The things available here are cheap though not much. But you will get a good range of products.