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MarketCircularsDaily Updates
March 26, 2024
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Settlement & Trading holidays for 29-Mar, 01-Apr & 09-Apr

29-Mar is a trading holiday on account of Good Friday. Also, 01-Apr and 09-Apr will be Settlement holidays on account of Annual Bank Closing and Gudi Padwa respectively.

Holiday Date Type
Good Friday 29-Mar-2024 Trading holiday
Annual Bank Closing 01-Apr-2024 Settlement holiday
Gudi Padwa 09-Apr-2024 Settlement holiday

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/Derivatives (F&O) 28-Mar 02-Apr
Equity/Derivatives (F&O) 01-Apr 02-Apr
Equity/Derivatives (F&O) 08-Apr 10-Apr
Equity/Derivatives (F&O) 09-Apr 10-Apr

Note: Stock purchased on 28-Mar-2024 will not be allowed to be sold on 01-Apr-2024 and stock purchased on 08-Apr-2024 will not be allowed to be sold on 09-Apr-2024.

Just so you know: Settlement holidays refer to days when markets 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.

Refer: NSE Circular 1 | NSE Circular 2

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