Announcements

12 May 2025 is a settlement holiday on account of Buddha Purnima. Markets will be OPEN for trading and investing.

Keep in mind:
- Stocks bought on 9 May 2025 will not be available for selling on 12 May 2025, but will be visible in your holdings
- The credit bill for all segments on 9 May will not be available for trading or withdrawal on 12 May
- Any fund withdrawal requests placed after 8 AM on 9 May will be processed on 13 May
- Instant Withdrawal will be available on Friday, 9 May, from 10 AM to 6 PM
- The 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 does 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.

On account of Maharashtra Day, there will be a trading holiday on Thursday, 1 May 2025.

Keep in mind:

🔸Equity and Derivative markets will be closed on 1 May. Trading will resume from 2 May.
🔸Commodity markets will be closed for the first half. Trading will resume from 5 PM.
🔸Standard Fund Withdrawal requests placed after 8 AM on 30 April will be processed on 2 May.
🔸 The Instant Fund Withdrawal facility will not be available on 1 May.

Please note, the following securities will be removed from SEBI’s list of approved securities for Margin Pledge.

As a result, you will not receive margins for F&O trading against these scrips starting Wednesday, 30 April 2025: Click here for scrip details

NOTE: If you have pledged any of the above, starting 30 April 2025, you will not receive margins pledge benefit and you will be required to fulfil the full margin requirement. If you’re unable to pay, we will have to automatically square off your positions to recover the amount by 2 May 2025.

We have attached a list of these stocks for your reference.

Please review your portfolio and make necessary adjustments to avoid any inconvenience. Thank you for your understanding and cooperation.

Please note that all ITM, ATM & CTM NATURALGAS and NATURALGASMINI option contracts expiring today, 23rd April 2025, will be converted into futures contracts. You can create fresh positions only until 9 PM today.

To avoid the square-off of your positions, please ensure you maintain sufficient margin for the futures contracts before 9 PM today if you have any open Positions.

As previously communicated, please be reminded of the upcoming changes to the F&O lot sizes for BANKNIFTY and MIDCPNIFTY, effective from 25 April 2025:

Revised Lot Sizes:

Key points to note:

1. No Fresh Positions: Starting 23 April 2025, no new positions in BANKNIFTY options with expiries on 25 Sept 2025, 24 Dec 2025, or 26 Mar 2026 will be permitted.
2. Long (Option Buy) Positions: If you hold long positions in BANKNIFTY options with the above expiries, please square them off by 24 April 2025. Failure to do so may result in these positions becoming non-tradable post the lot size revision.
3. Short (Option Sell) Positions: Ensure your existing short positions are in multiples of the revised lot sizes by 24 April 2025, 2:00 PM. Non-compliant positions may be subject to increased margin requirements and could be squared off partially or fully post the deadline.

Action required:
✅ Square off or adjust your positions to align with the revised lot sizes before 24 April 2025 to avoid any disruptions.