From 474ea50a5d464db6262a6ca82b8ad53c6c88e036 Mon Sep 17 00:00:00 2001 From: Shubham Sadaphal <150114628+shubhs9@users.noreply.github.com> Date: Mon, 16 Sep 2024 11:49:11 +0530 Subject: [PATCH] Create what-changes-at-zerodha-due-to-settlement-holiday.md --- ...es-at-zerodha-due-to-settlement-holiday.md | 20 +++++++++++++++++++ 1 file changed, 20 insertions(+) create mode 100644 content/blog/what-changes-at-zerodha-due-to-settlement-holiday.md diff --git a/content/blog/what-changes-at-zerodha-due-to-settlement-holiday.md b/content/blog/what-changes-at-zerodha-due-to-settlement-holiday.md new file mode 100644 index 00000000..caa1e1f8 --- /dev/null +++ b/content/blog/what-changes-at-zerodha-due-to-settlement-holiday.md @@ -0,0 +1,20 @@ +--- +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: + +--- + +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. + +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. + +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. + +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. 😬 + +Here is the [settlement holiday calendar](https://zerodha.com/marketintel/holiday-calendar/).