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17 May 2024, 09:00 AM
Trading holiday on account of Parliamentary Elections
The equity, F&O, and currency markets will remain closed on May 20, 2024, on account of Parliamentary Elections. Commodity markets will be closed for the first half and trading will be open only in the evening session (5:00 pm onwards).
Since it’s also a settlement holiday, your commodity account balance on May 20, 2024, will not include the credits from:
- Profits (Realized and Marked to Market) from trades or positions in the commodity derivatives on May 17.
- Credits from exiting option positions on May 17.
You can check your funds’ statement on Console to see the unsettled credits in your account. Keep track of trading and settlement holidays here.
Note:
- Funds withdrawn on May 20, 2024, will be processed on May 21, 2024, and you will receive the funds by 2 PM on May 22, 2024.
- Profits and credits received from trades or exiting positions in the derivatives segment (F&O and CDS) on May 17, 2024, and May 18, 2024, will be available for withdrawal on May 21, 2024, by the end of the day.