Update on holidays on 15th & 16th August 2023
15th August is a Trading Holiday on account of Independence Day and 16th August is a Settlement Holiday on account of Parsi New Year. Due to both these holidays, please note the following impact on your trades:
- -> Markets (including MCX) will be closed for trading on 15th August on account of Independence Day and will open on 16th August
- -> Fund withdrawal requests after 8 AM on 14th August will be processed on 17th August
- -> Stocks bought on 14th will not be available for selling on 16th August but will be visible in your account
- -> Credit bill for all segments on 14th will not be available for trading or withdrawal on 16th August
- -> Standard Fund Withdrawal requests placed after 8 AM on 14th August will be processed on 17th August. However, you can place an Instant withdrawal request between 10 AM to 6 PM on 14th August to get your funds within 15 minutes. How can I withdraw funds from my Upstox account?
📅 For future trading holidays, click:
📅 For future settlement holidays click:
💡Good To Know: Difference between settlement holiday and trading holiday
Settlement holidays are when markets are open but the settlement of your trades do not take place as per the usual T+1 cycle because either the depositaries (NSDL and CDSL) are closed or banks are closed on that day.
Trading holidays are when markets are closed and no trading or investing takes place on this day. Settlements also do not happen on this day.