Settlement Holiday: 01-Apr
01-Apr-21 is a Settlement Holiday due to Annual Bank Closing. Currency Segment will be closed on this day for trading. However, other segments are open for Trading.
What this means for you:
- You can place your Trades as usual, however the settlement of funds/securities will be processed as detailed in the table below:
Segment | Trade Placed on | Date of Settlement |
Equity | 31-Mar & 01-Apr | 06-Apr |
Derivatives (F&O) | 31-Mar & 01-Apr | 05-Apr |
Note: 02-Apr is a Trading Holiday due to Good Friday. The same has been taken into consideration to arrive at the Date of Settlement mentioned above.
- Your credit balance for 01-Apr will not include the following:
Segment | Account Balance exclusions |
Equity | Intraday Profits made on 30-Mar & 31-Mar |
Derivatives (Equity F&O, Currency & Commodity) | Credits made from trades done on 31-Mar |
Just so you know: Settlement holidays refer to days when markets (except Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades done during that day will be settled on next settlement cycle, as per the respective segments.