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14 Aug 2015, 12:00 AM
Settlement holiday and its implications
There is a settlement holiday on AUG 18, 2015 being Parsi New Year. However the Equity markets continue to function as normal.
In lieu of the settlement holiday, shares bought on Aug 17, 2015 shall not be available for selling on Aug 18,2015.
Additionally:
1.Shares bought on Aug 14, 2015 will not reflect in T1 holdings or in DP holdings on
Aug 19, 2015. These shares will be available for sale from Thursday, Aug 20, 2015.
2.Shares bought on Aug 17, 2015 will not reflect in T1 holdings or in DP holdings on
Aug 20, 2015. These shares will be available for sale from Friday, Aug 21, 2015.
You can read more on this blog here: http://zerodha.com/z-connect/traders-zone/holidays/settlement-holiday-and-its-impact