28 Mar 2024, 08:30 AM

Settlement holiday on account of Annual bank closing on April 01, 2024

April 01, 2024, is a settlement holiday on account of Annual bank closing. 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 April 01, 2024:

  1. Intraday profits made in the Equity segment on March 28, 2024.
  2. Credits from trades made in NFO, Currency, and Commodity derivatives on March 28, 2024. 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.
  • The auction market will be closed.
  • Instant withdrawal window will be closed.
  • Credits for BTST (T1 sell) equity orders done on April 01, 2024, will not be included in your Kite balance on April 02, 2024.
  • BTST (T1 sell) orders for T2T stocks will be blocked.
  • Profits and credits received from trades or exiting positions in the derivatives segment (F&O and CDS) on March 28, 2024, and on April 01, 2024, will be available for withdrawal on April 02, 2024, by EOD.