26-May-21 is a Settlement Holiday due to Buddha Pournima. 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 | 25-May & 26-May | 28-May |
| Derivatives (F&O) | 25-May & 26-May | 27-May |
- Your credit balance for 26-May will not include the following:
| Segment | Account Balance exclusions |
|---|---|
| Equity | Intraday Profits made on 25-May |
| Derivatives (Equity F&O, Currency & Commodity) | Credits made from trades done on 25-May |
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.
