Settlement Holiday: 13-Apr
13-Apr-21 is a Settlement Holiday due to Gudi Padwa. 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||12-Apr & 13-Apr||16-Apr|
|Derivatives (F&O)||12-Apr & 13-Apr||15-Apr|
- Your credit balance for 13-Apr will not include the following:
|Segment||Account Balance exclusions|
|Equity||Intraday Profits made on 9-Apr & 12-Apr|
|Derivatives (Equity F&O, Currency & Commodity)||Credits made from trades done on 12-Apr|
Note: 14-Apr is a Trading Holiday due to Dr. Baba Saheb Ambedkar Jayanti. The same has been taken into consideration to arrive at the Date of Settlement mentioned above.
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.