Revision in the settlement holiday on account of Id-E-Milad.
As per the latest NSE circular, the settlement holiday on account of Id-E-Milad will now be observed on both 5 Sept (Friday) and 8 Sept (Monday) 2025.
Markets will remain OPEN for trading and investing on 5 Sept and 8 Sept 2025.
Keep in mind:
- Stocks bought between 4 to 8 Sept will be available for selling only from 9 Sept (Tuesday), but will be visible in your holdings.
- The credit bill for all segments between 4 to 8 Sept will be available for trading or withdrawal from 9 Sept.
- Regular fund withdrawal requests placed after 8 AM on 4 Sept will be processed on 9 Sept (Tuesday).
- Instant Withdrawal will not be available on 5 Sept and 8 Sept.
- The currency segment will be closed for trading on 8 Sept.
As per the BSE circular:
The settlement holiday for BSE will be observed on 8 Sept 2025.
This means:
- Liquid and Debt Mutual Fund orders placed after 2 PM on 5 Sept or on 8 Sept will be processed on 9 Sept.
Read more:
What’s a settlement holiday?
Settlement holidays are when markets are open, but settlement of your trades does not take place as per the usual T+1 cycle because either the depositaries (NSDL and CDSL) or the 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 the list of future settlement holidays here.