16th May 2022 is a settlement holiday on account of Buddha Purnima. Due to this, all equity trades placed on 13th and 16th May 2022 will be settled on 18th May 2022. To help you understand what this means, we’ve simplified the details below. What’s a settlement holiday? Settlement holidays are when markets are open..
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- All trades placed on 31st March and 1st April in the Equity segment will be settled on Tuesday, 5th April
- All trades placed on 31st March in the Derivative segment will be settled on 4th April
- All shares bought on 31st March will be visible under T1 holdings on the 1st April but you will only be able to sell them on 4th April.
- The credit bill amount for all segments on 31st March will not be available for trading or withdrawal purposes on 1st April because this amount will be blocked for one day due to the settlement holiday.