Comment on Settlement Holiday and its Impact

Venu commented on 07 Apr 2016, 02:50 PM

There was a settlement holiday on April 1st, because of which stocks bought on 31st weren’t allowed to be sold on 1st April.

Also note that there is a settlement holiday on April 08, 2016 being Gudi Padwa. However the Equity markets continue to function as normal. In lieu of the settlement holiday, shares bought on April 07, 2016 shall not be available for selling on April 08,2016 i.e BTST transactions will not be available for shares purchased on April 07.2016.

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