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May 08, 2025
Upcoming Settlement Holiday on 12-May-25
This is to inform you that 12-May-25 is a Settlement Holiday due to Buddha Pournima. The Currency Segment will be closed for trading on this day. However, other segments are open to trading.
What this means for you:
You can place your Trades as usual, except the stocks purchased on 09-May-25 will not be allowed to be sold on 12-May-25. The settlement of funds/securities will be processed as detailed in the table below:
|
Segment |
Trade Placed On |
Date of Settlement |
|
Equity |
09-May-25 |
13-May-25 |
|
Derivatives (F&O) |
09-May-25 |
13-May-25 |
Note: Stock purchased on 09-May-25 will not be allowed to be sold on 12-May-25. This change is only for double pay-in/payout of stock due to the settlement holiday on 12-May-25 and is not a regular change.
Your credit balance for 12-May-25 will not include the following:
|
Segment |
Account Balance Exclusions |
|
Equity |
Intraday Profits made on 09-May-25 |
|
Derivatives (Equity F&O, Currency & Commodity) |
Credits Made From Trades Done On 09-May-25 |
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 made during that day will be settled in the next settlement cycle, as per the respective segments.
