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MarketCircularsDaily Updates
April 05, 2021
198

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.

Here’s a Quick List of Settlement Holidays.

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