04 May 2023, 08:30 AM

Settlement holiday on account of Buddha Pournima on May 5, 2023

May 5, 2023, is a settlement holiday on account of Buddha Pournima. A settlement holiday is a day when trading is possible, but clearing and settlement are closed for Payin and Payout of stocks and funds.

Your account balance will not include the following credits on May 5, 2023:

  1. Intraday profits made in the Equity segment on the 4th of May.
  2. Credits from trades made in NFO, Currency, and Commodity derivatives on the 4th of May. This will include options premium credits, futures M2M profits, etc.

You can check your fund statement on Console to see the unsettled credits in your account.

Note:

  • The currency markets will remain closed for the day.
  • Profits and credits received from trades or exiting positions in the derivatives segment (F&O and CDS) on 4th May, 2023, will be available for withdrawal on 8th May, 2023 by EOD.