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23 Dec 2015, 12:00 AM
Settlement holiday and its implications
There is a settlement holiday on DEC 24, 2015 being Id-e-Milad. However the Equity markets continue to function as normal.
In lieu of the settlement holiday, shares bought on DEC 23, 2015 shall not be available for selling on DEC 24,2015.
Additionally:
1.Shares bought on DEC 22, 2015 will not reflect in T1 holdings or in DP holdings on
DEC 28, 2015. These shares will be available for sale from Tuesday, DEC 29, 2015.
2.Shares bought on DEC 23, 2015 will not reflect in T1 holdings or in DP holdings on
DEC 29, 2015. These shares will be available for sale from Wednesday, DEC 30, 2015.
You can read more on this blog here: http://zerodha.com/z-connect/traders-zone/holidays/settlement-holiday-and-its-impact