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MarketCircularsDaily Updates
March 16, 2023
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Settlement Holiday: 22-Mar

22-Mar-23 is a Settlement Holiday due to Gudi Padwa. The 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 21-Mar 23-Mar
    Derivatives (F&O) 21-Mar 23-Mar

  • Your credit balance for 22-Mar will not include the following:
  • Segment Account Balance Exclusions
    Equity Intraday Profits made on 21-Mar
    Derivatives (Equity F&O, Currency & Commodity) Credits Made From Trades Done On 21-Mar

    Just so you know: Settlement holidays refer to days when markets (except the 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 the next settlement cycle, as per the respective segments.

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