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date: '2024-09-16' | ||
title: What changes due to a settlemet holiday? | ||
tags: [zerodha,markets] | ||
author: nithin | ||
link: https://x.com/Nithin0dha/status/1835560617446367547 | ||
post_type: tweet | ||
description: | ||
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--- | ||
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Today is a settlement holiday, and thus, settlements of funds and stocks don't happen. This happens when banks in Maharashtra are closed, but trading on exchanges is open. | ||
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Most brokers don't allow shares bought on Friday to be sold on Monday because of this. We [@zerodhaonline](https://x.com/zerodhaonline) are among the few brokers that allow you to sell stocks bought on Friday. | ||
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By the way, due to the settlement holiday, your equity intraday profit credits and F&O credits aren't included in your trading balance or are not available for withdrawal today. | ||
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And, Eid-e-Milad is shifted from the 16th to the 18th of September, and the 18th will also now be a settlement holiday. But the 16th continues to be a settlement holiday. 😬 | ||
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Here is the [settlement holiday calendar](https://zerodha.com/marketintel/holiday-calendar/). |