Announcements

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9 Apr 2024 settlement holiday impact

On account of Gudi Padwa, 9 Apr 2024 is a settlement holiday . Markets will be  OPEN for Trading and Investing.


Keep the following impact in mind:

  • 🔸 Stocks bought on 8 Apr 2024 will not be available for selling on 9 Apr 2024, but will be visible in your holdings
  • 🔸 The credit bill for all segments on 8 Apr 2024 will not be available for trading or withdrawal on 9 Apr 2024.
  • 🔸 Any fund withdrawal requests placed after 8 AM on 8 Apr will be processed on 10 Apr.
  • 🔸 Withdrawal will not be available on 9 Apr 2024
  • 🔸 Currency segment will be closed for trading on this day

Read more:

What’s a settlement holiday?

Settlement holidays are when markets are open but 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.

How does this holiday impact your trades?

Since the settlement date denotes the final transfer of ownership of shares and not the day you made the trade, a holiday in between causes a delay in the final transfer of shares.

You can also check a list of future settlement holidays  here.

If you have any queries, you can raise a ticket on the Upstox Pro Mobile or Desktop app.

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